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 September 20, 2018, 8:54 am ad1c9bdddf - https://brainmass.com/business/business-management/seven-step-process-of-contingency-planning-586623
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 ...
This solution provides a description of the seven-step process of effective contingency planning in strategy evaluation.