Strategy Driven

MAY 12, 2020

Whether it’s a problem with your products, adverse weather conditions, transportation issues or even internal organization problems, you need to have contingency plans in place for when things go badly. Unforeseen circumstances aren’t uncommon regardless of the type of business you operate.

Management 97

Management Supply Chain Contingency Plans Efficiency 97

Strategy Driven

NOVEMBER 6, 2015

Plan for the future. When your business has contingency plans for future scenarios you will seldom be caught by surprise. Most successful businesses have planned responses to most scenarios because they took the time to think “What If”. Design and re-engineering of products-services. The business you’re in.

Succession 50

Succession Strategic Planning Budgeting Goal 50

Harvard Business Review

FEBRUARY 7, 2018

Contingency plans must go beyond a natural disaster playbook. 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

Strategy Driven

MAY 5, 2020

are kept running and protect your stock by having a secondary source of power available, such as industrial engines and generators. Give yourself a chance of trading, or at least make sure anything that relies on electricity such as fridges, freezers, tanks for animals etc. It is important to have a contact list accessible at all times.

Insurance 67

Insurance Contingency Plans Document Planning 67

Harvard Business Review

MAY 15, 2017

citizen, earn engineering degrees from Stanford, and work at IBM and Hewlett-Packard. Employees asked whether we have a contingency plan if they were unable to reenter the U.S. At that moment, looking up from the bottom of the escalator, the idea that I would one day run a technology company seemed unfathomable. based employees.

Bottom-up 8

Bottom-up Contingency Plans Travel CEO 8

Harvard Business Review

OCTOBER 23, 2015

“If the company is not doing something you feel proud of, you need to go to your contingency plan,” he says. Sid Savara was six months into his job as a lead engineer at a Department of Defense contractor in Hawaii when he started hearing rumors that funding for his project would soon be cut. Principles to Remember.

Restructuring 8

Restructuring Stress Uncertainty Long-term 8

Mark Sanborn

MARCH 22, 2022

Are your contingency plans up to date? It is the engine that drives what gets done and how it gets done. It is also about developing a mindset and skillset that enables team members to be confident that regardless of what happens, there is a way to respond successfully. Does your organization teach resilience?

Agility 100

Agility Contingency Plans Crisis Learning-by-Doing 100