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Scenario Planning and Contingency Planning
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Scenario planning is a technique used to learn about the future by understanding the nature and impact of the most uncertain and important driving forces affecting our future, so you can be prepared to succeed in a changing world. Read more.
Top : Scenario Planning and Contingency Planning
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Scenario Planning and Contingency Planning
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Watch Your Back - Risk Management & Planning
By Don Durfee
When you consider all the bad things that happen to good plans, it's not surprising how often CEOs blame poor performance on poor luck. Product launches flop when customer demand is weaker than expected. A brilliantly conceived merger becomes a value-destroying menace when integration fails. Plans to expand overseas stumble over regulatory issues.
But risk-management and planning experts say such failures are usually predictable, and frequently preventable. The problem is that most planners don't think hard enough about what might go wrong before putting an idea in motion. "There's a natural tendency for executives to focus on the positives of a plan and deemphasize the risks,"
(Added: 31-May-2005 Hits: 371)
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Emergency & Business Continuity Planning for ‘Avian’ Flu
By Mark Tyler , Jessica Burt
One of the main concerns in any business continuity planning against an influenza pandemic will be the number of employees that may be estimated as likely to be absent from work at the peak of the pandemic.
The level of staff absence from work during a pandemic will depend significantly on the nature of the pandemic virus when it emerges. Therefore, a company’s business continuity plan should have the flexibility to accommodate these ranges.
(Added: 22-Mar-2006 Hits: 287)
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Business Interruption Risk Assessment: A Multi-Disciplinary Approach
By Marion H. Long
Effective contingency planning and disaster recovery coordination require expertise in all aspects of disaster management, including avoidance and recovery. It is too late to plan an effective response after a disaster has struck and significant downtime has been incurred. The resulting outage from such a disaster can have serious effects on the viability of a firm's operations, profitability, quality of service, and convenience. In fact, these consequences may be more severe because of the lost time that results from inadequate planning. After such an event, it is typical for senior management to become concerned with all aspects of the occurrence, including the measures taken to limit losses.
(Added: 22-Mar-2006 Hits: 241)
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Analyzing Your Options
By Joel Childs
The scenarios have become all too common:
Your company's central data center in Chicago is being evacuated for at least three days due to a nearby hazardous chemical spill, and now you need to expedite backup tapes and computer equipment to a contingency site in Milwaukee ASAP.
A flood has damaged paper copies of your vital customer files in Atlanta, and you need to ship them quickly and at a constant temperature so your service provider in Fort Worth can salvage the information through a freeze-drying process.
You need to ensure that your shipment arrives at your customer's production facility by 6 a.m. the next day or face stiff penalties for each minute the product is late.
(Added: 29-Mar-2005 Hits: 379)
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