1. If some of the key assumptions fail to materialize, what midcourse corrections can be taken to get the plan back on track?
2. Why is contingency planning important?© BrainMass Inc. brainmass.com June 3, 2020, 6:33 pm ad1c9bdddf
The midcourse corrections can be taken with respect to back up or contigency plans being places in advance during the strategic planning process. Such backup plans or contigency plans will provide for the next best alternative in the event an unassumption fails ...