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 ...
Contingency management leads to preparedness in the event of an emergency, disaster, or system failure. It utilizes risk assessment and is intended to identify vulnerabilities and threats, and to ...
Small business owners are strongly encouraged to make contingency plans for responding to and recovering from disasters that may befall them. The motivation for doing so may be more sharply present in ...