Why Contingency Planning? Importance and Benefits

Crisis Management > Best Practices Premium

Why Contingency Planning? Importance and Benefits
Anneke Zwart, Moderator
Simpkins (2009) argues that Contingency Planning (CP) is probably the most important topic of an organizationís overall strategic plan. The importance of preparing for any contingencies must not be underestimated. Contingency planning takes into account other outcomes than the expected and desired outcomes. And this is exactly what makes CP important.

Indeed, the world of today and its business environment is changing at fast pace. Every organizaton has to deal with continuous and fast changing internal and external environmental dynamics. Important changes today are t...Register

Importance of Contingency Planning
Roland Alech, Member
HI! I agree fully. I add a few thoughts:
- CP...

Why Contingency Planning is Important
Kirk C. Heriot, Member
As Master Kahn used to say in the "Kung Fu" TV Ser...

Benefits of Contingency Planning
SANAJI, Member
I think CP is not a new idea. We know that nothing...

Preventive System
Tran le Phuong, Member
Each organization has its own Mission-Vision that ...

Another Reason for Contingency Planning
Dr. Alan Williams, Member
In a business organization the owner/CEO/BOD membe...

Why Contingency Planning in Project Management
Gopalakrishnan, Member
CP is to cover unknowns, unforeseen uncertainties,...

Why Contingency Planning is Important?
K.Narayana Moorthy, Member
In business "contingency planning" conjures images...

Aims of Contingency Planning
kipkosgei chepkiyeng, Member
CP is a kind of a road map when the planned does n...

CP is Important, but not Enough to Handle Any Type of Catastrophe
Bernhard Keim, Premium Member
When doing CP, we should always keep in mind that ...

A Contingency Fund is also Important to Serve as a Cushion at Need
shachi kanta khuntia, Member
In India, the age old tradition of giving gifts of...

Relevance of Contingency Planning
Ramakrishnan, Member
The word contingency implies 'prepare for the unex...

Contingency Planning for Bad Days
Nasir Sajjad, Member
CP provides a path to react smoothly to certain ev...

Contingence Planning Gives Confidence to an Institution
Tito Rafael Hidalgo Barcia, Member
Contingence planning as a plan B gives any company...

Contingency Planning - PACER
Mark Wm. Cawman, Member
To anticipate that flexibility is necessary, I hav...

Why Resiliency Management is Mandatory
jorge anibal hoyos hoyos, Member
Contingency Management or Resiliency Management is...

Benefits of Contingency Planning
Guillermo Vasquez, Member
On a more strategic language, a contingency plan c...

Benefits of Contingency Planning
Edy Khalife, Member
CP allows firms to avoid the shock of complete sur...

Lessons from World War Z
Emmanuel Mwirichia, Member
If you have watched the 2013 Brad Pitt movie World...


A Risk in Emergency Planning
Omar HEMISSI, Member
The complexity of more and more markets and increa...


  Do you wish to study further? You can learn more from the summary, forum, discussions, lessons, courses, training, instructions, expert tips, best practices and education sources. Register.  

Special Interest Group Leader

You here

More on Crisis Management

Best Practices
Expert Tips


About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
© 2018 12manage - The Executive Fast Track. V14.1 - Last updated: 26-9-2018. All names ô of their owners.