How Often Should Contingency Planning Be Performed? Frequency

Crisis Management (Contingency Planning)
Knowledge Center

 

Next Topic

Crisis Management (Contingency Planning) > Forum > How Often Should Contingency Planning Be Performed? Frequency

How Often Should Contingency Planning Be Performed? Frequency
srinivas, Lecturer, India, Member
Does keeping the duration of the validity of contingency planning short to say 2 to 4 weeks help in doing a better strategic planning job?
Improvisation from the feedback received from the first iteration before the second iteration is performed might help in today's fast changing business environment?
 

 
Optimal Contingency Management Frequency
Luis Alcaraz, Manager, Mexico, Member
It depends on the probability of a contingency to happen, but I believe 2 to 4 weeks is a very short validity for a contingency plan.
 

 
Effect of Technology, Fast Paced Communication on Contingency Planning
srinivas, Lecturer, India, Member
Does the required rate of changing our contingency plan depend on the speed of communication that is happening today? Probably if 2 or 4 weeks is short by today's standards what happens if machines start communicating and perform an impact analysis every hour or half an hour duration? This technology is developing rapidly I do not think we are far off...
 

     

Read all responses and join this discussion yourself.
Support your career and personal development with 12manage, the management platform.

    Log in


Special Interest Group Leader

Interested? Sign up for free.


Crisis Management (Contingency Planning)
Summary
Forum
Best Practices


Crisis Management (Contingency Planning)
Knowledge Center

 

Next Topic



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2019 12manage - The Executive Fast Track. V15.2 - Last updated: 19-11-2019. All names of their owners.