Companies of all sizes across all vertical markets are now in an uncertain and uncharted situation due to COVID-19. Many of you may have recently pulled out and used parts of your business continuity ...
Developing strategies for how a business will use its money, materials and people to accomplish its goals is part of starting and running a business. Within the strategic planning process, a ...
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 ...
A contingency plan is a backup plan, activated in the event of a disaster that disrupts a company's production and puts employees in danger. The goal of the plan is to safeguard data, minimize ...
I suggest rolling through the five areas listed above and identifying contingencies that are somewhat likely and would require a major change in the business. A company could have over a dozen major ...
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 ...
Over the last year, we’ve had unprecedented fuel prices, severe supply chain disruption and warnings of power blackouts. There was even uncertainty about whether Twitter would continue to exist under ...
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