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Explain The Importance Of Contingency Planning
Start of Term Paper
Contingency planning is planning for the future. It is a plan which prepares an organisation or agency for an emergency or out of the ordinary situation so that business activities can resume to normal as soon as possible. It allows an organ .... Middle of Term Paper
... plan which all staff or associated persons are familiar with, is to reduce damage to personnel, clients, property, equipment, reputations, goodwill and credibility. Contingency planning minimises the impact of disruption while maximising resources available to resume normal operations in a business environment.
In this essay I will explain the importance of contingency planning by highlighting the negative aspects of an emergency situation, which occurred to a company in Bhopal, India in 1984. The company did not have a contingency plan and the incident quickly became nothing short of a disaster. I have chosen Bhopal as my main ... |
| Number of Words: 4306 |
Approximate Pages: 16 |
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