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 ...

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 ...

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 ...

Construction risk management is a process of identifying and evaluating the unique risks that each project presents. Crucial to the evaluation is developing methods to mitigate the impact of risks to ...

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, ...

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 ...

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 ...

Companies of all sizes across all vertical markets are now in an uncertain and uncharted situation due to COVID-19. Many of you may have recently pulled out and used parts of your business continuity ...