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Scenario Planning and Contingency Planning


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Scenario Planning and Contingency Planning : 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.

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Strategic Planning and Business Planning Free Resource Center : Scenario Planning and Contingency Planning

Learning Resources:

  • Disaster Resource

    By Bill Patterson Ask most corporate executives about their plans for crisis management and chances are that many of them will say something like, "Sure, we've got a crisis plan. Harry, over in public relations, takes care of that." But, just what does Harry really have? Unfortunately, in many cases, it is just an emergency checklist with some phone numbers. What will Harry do when 50 pickets show up outside your company headquarters? What is Harry suppose to do when your top-selling product is recalled? What does Harry tell the news media when you have to close that old plant and lay off 900 people? If Harry does not know what to do immediately (and who will do it), then your crisis plan is in need of an overhaul. (Added: 29-Mar-2005 Hits: 364)
  • GBN: What If? The Art of Scenario Thinking for Non-Profits

    By Scearce & Fulton From this article you can access an extensive guide to scenario planning for non-profit organizations in adobe acrobat format. Highly recommended, for anyone, profit or not that wants to learn about scenario planning (Added: 22-Mar-2005 Hits: 349)
  • JUSTIFYING THE CONTINGENCY PLAN

    By John Watkins For any CEO or CFO who thinks contingency planning is a waste of money, two incidents clearly point out the necessity of a well thought out recovery plan: the August 13, 1990 Wall Street blackout and the April 13, 1992 downtown Chicago flood. In the Wall Street outage 28 firms relocated to hotsites, and in the Chicago flood that number was still higher: 33 firms. (Added: 22-Mar-2006 Hits: 335)
  • 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: 446)

 

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