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 ...
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 ...
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 ...
Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. For many nonprofits, change can arrive abruptly and often painfully. The financial strains ...
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 ...
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 ...
After the recent deluge, we have seen a flood of commentary, analysis, causes, criticism, and recommendations. This article ...
Desai is partner, M&A and PE Tax, KPMG in India and Harikrishnan is director, family office and private enterprise All things are only transitory. The Covid-19 pandemic has emphasised the fact that ...