How can contingency planning help organizations prepare for unexpected events and crises?
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Step by step
Solved in 3 steps
- What are the three levels of planning, and what kinds of plans do managers develop at each level?How do the internal and external environments of the organization and its strengths and weaknesses impact the planning process?How can contingency planning help organizations prepare for unexpected events and crises?
- How does planning affect an organization in terms of performance? In terms of eliminating change? Are these effects altered if the planning proves to be inaccurate?What are the potential risks and uncertainties associated with planning, and how can organizations mitigate these risks through contingency planning and risk management strategies?2. How do you think planning in today’s organizations compares to planning 25 years ago? Do you think planning becomes more important or less important in a world where everything is changing fast and crises are a regular part of organizational life? Why?
- Explain , how can managers ensure that their planning is effective and flexible enough to account for changes to the external factors?How do you think planning in today’s organizations compares to planning 25 years ago? Do you think planning becomes more important or less important in a world where everything is changing fast and crises are a regular part of organizational life?Why?What are the potential risks associated with inadequate or ineffective planning, and how can organizations mitigate those risks?
- What role does innovation play in the planning process, and how can organizations foster a culture of continuous improvement?What are the hurdles to effective planning, and how can your organization overcome them?Do you think planning becomes more important or less important ina world where everything is changing quickly and crises are a regular part oforganizational life? Why?
