The post-pandemic era – and in particular the last 1-2 years - has shown that businesses can no longer assume incremental ...
The United States has a poor record at both anticipating foreign crises and planning for them. To improve U.S. readiness for crises that are both plausible in the short- to medium-term and likely to ...
At the peak of the last boom, the CEO of Caterpillar told all of his division heads to start developing contingency plans for a recession. The division heads thought he was – crazy! Their greatest ...
A plan involving suitable backups, immediate actions and longer term measures for responding to computer emergencies such as attacks or accidental disasters. Contingency plans are part of business ...
Tactical planning involves determining the steps a business must take to reach the objectives developed through strategic planning. Contingency planning involves planning what a business will do if ...
Contingency management leads to preparedness in the event of an emergency, disaster, or system failure. It utilizes risk assessment and is intended to identify vulnerabilities and threats, and to ...
Nobody wants a supplier to go out of business, lose key people or get acquired. But sometimes it happens. Who would have imagined that WorldCom or Arthur Andersen could disintegrate? In today’s market ...
Lawyers are constantly reminded about the importance of having a contingency plan. For many of us, however, "contingency planning" is a vague and overwhelming phrase suitable for putting off to a ...
The Law Society of Ontario has a new requirement for lawyers and paralegals in private practice. As of January 1, 2025, they must have a formal contingency plan for their clients for “preserving, ...