Investing in a professionally facilitated Contingency Planning workshop could be the best investment you ever made.
Rather than hoping that everything will turn out OK or that “fate will be on your side”, a Contingency Planning workshop helps to identify situations and events in advance and then establish a plan which mitigates the impact or preferably, exploiting the situation and create a competitive advantage.
Contingency Planning considers events anticipated by the planning team, typically creating a grid which anticipates the likelihood of a situation and the scale of the impact upon the organisation.
Contingency planning, therefore, is a “What if?” skill important in all types of planning domains, but especially in contested and competitive fields. The objective of contingency planning is not to identify and develop a plan for every possible contingency. That would be impossible and a terrible waste of time. Instead, the objective is to encourage the planning team to think about significant conditions and possible responses.
Few situations unfold according to the assumptions of a Contingency Plan. However, people who have spent time Contingency Planning are more likely to meet significant goals and targets successfully. The following questions can help develop contingency plans:
What events may occur that require a response?
What disasters might happen during the execution of the plan?
What is the worst case scenario of events in the situation?
What scenarios are possible for the situation?
What event would cause the most significant disruption of current activities and plans?
What happens if the costs of the plan are excessive? What happens if delays occur?
What if key people leave the organisation?
What are the expected moves of antagonists and competitors?
Who or what might impede implementation of the plan?