Explore BrainMass
Share

Seven-step process of Contingency Planning

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

Describe the seven-step process of effective contingency planning in strategy evaluation. Use at least 200 words and cite any sources any APA foramat.

© BrainMass Inc. brainmass.com October 25, 2018, 9:47 am ad1c9bdddf
https://brainmass.com/business/business-management/seven-step-process-of-contingency-planning-586623

Solution Preview

The seven-step process for effective contingency planning in strategy evaluation is a straightforward approach proposed by Linneman and Chandran. First, beneficial and unfavorable events that could derail the strategy must be identified. Brainstorming is a good option to determine worst case scenarios that may not be immediately obvious. Second, trigger points must be specified and ...

Solution Summary

This solution provides a description of the seven-step process of effective contingency planning in strategy evaluation.

$2.19