Remove category Company News
Remove Blog Remove Management Remove Reduced Costs Remove Risk Management
article thumbnail

Contingency plan examples: A step-by-step guide to help your business prepare for the unexpected

IBM Business Partners

Organizations build contingency plans to help them face a variety of threats, including natural disasters, mergers of rival companies, data loss, network breaches and sudden shifts in customer demand. Make a list of risks and prioritize them according to likelihood and severity. Five steps to build a strong contingency plan 1.