Contingency planning and crisis management are not conflicting concepts but instead work in tandem. Contingency planning is the process of preparing for potential emergencies, while crisis management ...

Rapid and violent disruption to supply chains, trade partnerships, technology stacks, and global markets is plunging midsize companies into a period of high unpredictability. While no one ever wishes ...

Many businesses do not even consider a contingency plan or realize the option exists and is a sound practice. Creating a plan is most often overlooked or forgotten when times are good and business is ...

Opinions expressed by Entrepreneur contributors are their own. In today’s ever-changing business environment, business owners, entrepreneurs and franchise owners need to be prepared for the unexpected ...

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 ...

The pause in our daily routines initiated by the coronavirus pandemic has created severe challenges. It has also provided an opportunity to assess the effectiveness of your contingency plan and how ...