| No matter what we do in business, we can never | | | | to think through and anticipate problems before |
| coach the future. One of the things that resulted | | | | they occur, the manager can chart a course of |
| from the tragedy that was experienced here in | | | | action that is well planned and not reactionary. |
| the United States on September 11th was that | | | | Minimize Over-Reaction |
| many companies began to formally adopt | | | | Your company has a great deal to do with the |
| contingency planning as a regular part of their | | | | way crisis situations are handled. If you are part |
| overall planning process. The process of | | | | of a crisis prone organization, the management |
| contingency planning is initiated by asking a series | | | | style is often a "shoot from the hip" style. This |
| of questions about the business environment that | | | | style tends to create over-reaction to problems |
| begins with "what if". Regardless of the how good | | | | that occur seemingly daily. Many managers truly |
| things appear at the moment, we have to | | | | believe that they get more done when operating |
| embrace Murphy's Law that states if anything can | | | | under these circumstances. Though everybody |
| go wrong it probably will. | | | | has a different personality, the reaction is |
| Contingency planning is a formal process to | | | | understandable and at the same time, damaging. |
| manage crisis, whether inflected from an external | | | | It becomes your responsibility to decide if you |
| source or an internal source. In it's basic format, a | | | | really need or want to be involved in the problem |
| contingency plan involves potential problem | | | | or situation. At time when the problem escalates |
| identification, prioritizing the problems in a list of | | | | to crisis proportion, the panic becomes a |
| most probable, and developing planned steps to | | | | contagious disease that will spread through an |
| limit the harm that can be inflected on the | | | | organization rapidly. On the other hand, if you are |
| company if indeed the potential problem becomes | | | | not equipped to handle the problem, you can |
| real. | | | | quickly manage the problem into a crisis. Be |
| Be Responsive | | | | aware and selective when you decide to get |
| Companies that are slow to act generally will feel | | | | involved. If you have the responsibility to make |
| the full impact of the crisis or problem. The days | | | | the decisions that will handle the problem, take |
| of sticking your head in the sand like the | | | | prudent well thought out steps that allow you and |
| proverbial ostrich are gone. Competition is | | | | your team to appear calm, cool, and collected. |
| encountering the same issues you are in the | | | | Dissect the problem and handle it in small pieces. |
| marketplace unless it is self-imposed, such as a | | | | This gives you the opportunity to think through |
| recall or product defect. Marketplace issues are | | | | each action with accompanying potential |
| easier to anticipate. These problems can usually be | | | | consequences of each action. Action steps that |
| seen from a distance. It is those companies that | | | | are thought out prior to the actual crisis occurring |
| fail to recognize their impact that feel the | | | | are always enacted with more confidence and |
| complete force of the problem. | | | | received better by internal subordinates and |
| Customer and market perception of a company's | | | | external customers. |
| professional prowess is dictated by the company's | | | | Prioritize |
| ability to handle big problems quickly and | | | | Look for at least two or three options that will |
| effectively. A slow response time, or pretending | | | | solve each problem. A decision has to be made as |
| the problem will go away all by itself, can cripple a | | | | to which problem has the potential to be the |
| management team faster than the actual problem | | | | most damaging. Prioritizing the potential problems |
| arose. A solid contingency plan that is well thought | | | | that could cause a crisis along with the number of |
| out in advance delivers a strong response and | | | | options defined to take corrective action is critical. |
| increases both internal and external appreciation | | | | The best response should be discussed and a |
| of an efficient, responsive management team. | | | | complete series of action steps documented to |
| We Learn From The Past | | | | format the intended outcome. |
| History will usually repeat itself at some point. | | | | Remember to consider the seriousness of the |
| Scenarios are played out over and over again by | | | | problem as well as the actual probability that the |
| companies that are willing to let history teach | | | | problem will indeed occur. Ranking and prioritizing is |
| them that poor planning in the past has no place in | | | | an important part of the process. Contingency |
| the company in the future. At the same time, the | | | | plans deal with serious issues that have serious |
| question has to be asked, "is this indeed a true | | | | outcomes. Individual managerial goals and |
| crisis?" | | | | objectives can be structured in a way to focus |
| Your type of business dictates the importance | | | | on solutions to anticipated problems as well as |
| that you will place on having a single or multiple | | | | solutions to current problems. In either case, by |
| contingency plans in place so that as a crisis does | | | | setting the focus, the basis for contingency |
| occur, a list of exacting actions will result to | | | | planning becomes part of the overall planning |
| minimize that situation as much as possible. Let's | | | | process. |
| take for instance a fire. Every business owner has | | | | Companies and businesses that want a strong |
| to think about this potential nightmare problem | | | | contingency plan in place make it a priority and |
| due to insurance requirements by landlords. Plans | | | | treat it as a separate part of the overall planning |
| that are well thought out include keeping | | | | process. No mater which course of action you |
| customer lists and computer data back-up's off | | | | determine is best for you, a basic plan is better |
| site, vendor communications and inventory listings | | | | than no plan. If the problem arises, you will be |
| along with well documented video tapes of the | | | | thankful that some thought has already been |
| premises, just to name a few. | | | | given to the situation. |
| If you live in an area that is potentially effected | | | | Take Steps to Prevent |
| by weather elements, you have a good idea of | | | | If you are able to prevent a problem before it |
| what has to be done when the weather alert is | | | | turns into a crisis, you have successfully |
| issued. Since you have done this before, the plan | | | | maneuvered through the minefield of |
| is more concrete and less necessary actions that | | | | management. Consider these courses of action to |
| are required to stay safe fall by the wayside. The | | | | stay in a preventative posture.o Anticipate the |
| same is true for you business. Once tragedy hits, | | | | problems that might occur in your business and |
| you are in the middle of the crisis before you | | | | take action steps to prevent them or limit the |
| have a chance to consider the ramification. A well | | | | consequences.o Track major tasks through |
| thought out plan in advance minimizes the | | | | progress reports by identifying major issues and |
| problems that are going to arise because you | | | | taking corrective action steps.o Crosscheck |
| have a prioritized list of actions to execute quickly | | | | internal departmental goals and objectives to |
| and efficiently. | | | | make sure that no crisis is looming once the |
| List the Potential Problems | | | | objective has been met.o Assign the correct |
| Consider how serious the problem really is to you | | | | people to handle the issue, problem, or crisis. |
| and your business. Assign it a priority number. The | | | | Avoid over committing your resources by |
| problems that rank the highest should be work on | | | | determining in advance who and what is needed |
| the most. A priority analysis should includes a list | | | | to solve the problem or issue. |
| of the potential problems, how serious the | | | | Re-access After the Crisis |
| problem would be, how probable is it that the | | | | Taking time to examine the step steps to |
| problem would occur, then assign a priority weight | | | | successfully navigating through the crisis can be |
| to the problem. Some problems can be prevented | | | | one of the most important parts of having a |
| altogether while others will occur no matter what | | | | complete contingency plan. You will find that some |
| you do. The best outcome here is to try to limit | | | | action items went well, other could have been |
| the damage and keep the problem to a minimum | | | | improved and/or changed altogether. By revisiting |
| as much as possible. | | | | the problem while the entire scenario is fresh in |
| Outlining the trouble spots is important based on | | | | your mind, you will be able to make notes and |
| the severity of the problem. If the problem is less | | | | outline a better course of action if the crisis were |
| likely to occur, your time should be spent asking | | | | to arise again. |
| the questions such as " what has gone wrong | | | | Share the feedback and write a case study for |
| before", "in addition to what has already | | | | others in the company to provide their input on |
| happened, what else could go wrong?" and "what | | | | specific successful action items as well as |
| can be done to minimize the situation and get | | | | alternative ideas on unsuccessful action items. |
| things back to normal as quickly as possible?" | | | | Modify and document the plan after a consensus |
| Give Yourself Reaction Time | | | | has been reached. |
| Small problems are easier to solve than large | | | | Our businesses change daily. Both internal and |
| problems. By catching the smaller ones before | | | | external factors contribute to crisis situations that |
| they become big problems, you have time to | | | | will arise. Most can be anticipated and minimized |
| anticipate and plan for a reasonable outcome. | | | | with a strong contingency planning process. |
| Gray stated "Ignorance is bliss". Without the | | | | Others cannot be avoided and will have to be |
| proper time to plan, the bliss is indeed ignorance. | | | | dealt with expeditiously and professionally. Good |
| Professional managers have to build in some | | | | luck is not always available and things happen. |
| flextime into their schedules. Priorities are | | | | Being prepared to deal with bad luck can turn |
| rearranged, appointments change, unannounced | | | | even the most unsavory situations in |
| meetings occur, and unforeseen problems arise | | | | opportunities. Having a good contingency plan in |
| that have to be handled. By having enough time | | | | place is no longer an option, but a necessity. |