Contingency Planning

Whether you call it risk management, contingency planning or disaster recovery, we all need a “Plan B.” At The Planning Group, we have been helping clients define and face their worst fears for nearly 2 decades. From a simple risk assessment all the way through to envisioning enterprise failure and the “spiral of death,” we will walk you through a thoughtful and respectful process to help you plan for the worst. While most contingency planning focuses on what to do when something goes wrong, we go beyond to help you define a range of scenarios, financial implications, reputational implications, tripwires and most importantly, recovery. We will help you look at the entire organization and depending on your unique situation define plans to:

• Understand, confirm and initiate appropriate insurance coverages
• Mitigate revenue impact, preserve revenue and recover revenue as quickly as possible
• Suspend, delay and reduce expenses
• Manage cashflow
• Communicate with employees, customers and other stakeholders
• Mitigate supply chain issues
• Understand the impact of force majeure and other contractual features that may work for and against you
• Create mitigating strategies and business models in the face of disaster

With natural disasters, man made disasters, cyber crimes and pandemics all on the rise, it pays to be prepared. Let us help you fulfill your obligation to your shareholders, employees and customers. Call us today.

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