Strategy Driven

FEBRUARY 27, 2024

An effective plan also involves regular progress check-ins and flexibility to adjust timelines as needed. By planning well in advance, businesses can anticipate potential challenges and develop solutions before they escalate into major issues, ensuring a smoother transition with minimal impact on operations.

Tips 103

Tips Telecommunications Transportation Contingency Plans 103

Strategy Driven

AUGUST 8, 2019

Cybercrime is like the mirror image of “white hat” technology use. Monitoring, support, firewalls, antivirus solutions, and the latest technology patches are all key means of fighting cybercrime, as is internal education. Some of the biggest threats to your company are going to develop internally. I: Cybercrime. V: SLAs And SLM.

Technology 10

Technology Contingency Plans Gordon Software 10

Harvard Business Review

FEBRUARY 7, 2018

Tens of billions of connected sensors are being embedded in everything ranging from industrial robots and safety systems to self-driving cars and refrigerators. In addition, they need the ability to switch to manually controlled environments in case artificially intelligent systems have to be shut down and to recall faulty smart products.

Insurance 8

Insurance Contingency Plans Globalization Ethics 8

HR Digest

MAY 12, 2024

When it comes to recruitment, we’re all prone to making some common hiring mistakes that get repeated time and again once they’re programmed into our systems. Creating a contingency plan and reorganizing internal staff to fill in until someone is hired will reduce the pressure to hire without proper checks.

Reputation 52

Reputation Diversity Review Process 52

Harvard Business Review

AUGUST 13, 2012

A terrorist incident, a breakdown of the London rail system, power blackouts, volcanic ash clouds , flooding, an outbreak of infectious disease—the London organizing committee (LOCOG) and the International Olympic Committee (IOC) spent years thinking about every scenario they could imagine.

Risk Management 15

Risk Management Management Committee Insurance 15

Harvard Business Review

JUNE 2, 2015

To effectively manage that chaos, it’s necessary to develop the habit of continuously processing new information, playing out “what if” scenarios, calculating risk factors, and running through checklists. A crisis throws predictability out the window and forces everyone to adopt new ways to run the business.

Crisis 8

Crisis Management Contingency Plans Objective 8

Strategy Driven

MARCH 18, 2016

Piloting, prototyping, and contingency planning before a change can save weeks or even years of rework. For example, a major bank tried to do a technological transition of their system without sufficient pre-testing. The system crashed and customers didn’t have access to their accounts for three days.

After Action Review 50

After Action Review Rogers Contingency Plans Leadership 50