For many entrepreneurs, the dramatic and rapid effects of COVID-19 have highlighted the importance of having a business contingency plan. As Alberta moves forward with reopening, creating a detailed contingency plan is critical.
By developing a contingency plan, you begin to pinpoint disruptive triggers and prepare for worst-case scenarios. In this webinar, we will be walking through a case study showing strategies to weigh impacts on operational risks and looking at what chain reactions might unfold if your power goes out or make record sales. Having a confidently outlined contingency plan helps you prepare for a quick recovery for your business.
During this session, we will discuss:
What to include in your contingency plan
How to identify various risks
How to assess the impact of those risks
How to analyze the importance of events