Contingency planning – the process of anticipating problems before they have occurred and preparing your organisation to withstand those setbacks – goes well beyond documenting a list of potential risks. It requires teams to engage with each other honestly, to admit and accept vulnerabilities, to think creatively, lean on their values, and to be willing to learn from their mistakes. It is rarely a straightforward endeavour, but always worthwhile, contributing as it does to greater individual and organisational resilience, an attribute that is prominent in most successful businesses.
Given the scale of the global uncertainty we are experiencing currently, it is reasonable to assume – and hope – that organisations are engaged very actively in planning for a range of potential scenarios and outcomes.
The precise nature of those exercises will differ, naturally, from one organisation to the next, so we offer in the document attached some general principles, reflections and insight that we hope will provide stimulus and support to inform your own work in building resilience and preparedness.
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