How does contingency planning contribute to building stakeholder confidence and trust in organizations?
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- How can contingency planning and risk management be utilized to improve organizational resilience and adaptability?How does contingency planning help organizations prepare for unexpected events and mitigate potential risks?What are some common challenges organizations face when developing contingency plans?
- What is contingency planning? How is it similar to and different from crisis management?How can contingency planning help organizations prepare for unexpected events and crises?How can organizations balance the need for collaboration with the need for individual autonomy and accountability, and what factors should be considered when doing so?
- What are the potential challenges and benefits of collaborative planning and decision-making within organizations?How does contingency planning relate to the core management skills of Planning and Controlling?Explain contingency planning and crisis management and its importance. Please quote examples from natural disasters.
- How are contingency plans different from tactical plans?Why might top management teams be more likely to make unethical decisions than their individual members would make?Discuss the contingency approach to management and its implications for decision-making and leadership. How does this approach account for the dynamic and complex nature of organizations?