3 Reasons Why Contingency Planning At Work Is Crucial

Life is unpredictable which makes work unpredictable. 

We all like to manage our teams using what we call the normal workflow process. This is our plan A. 

We love Plan A. We stick to it as much as possible and try not to deviate from it. We don’t want to risk upsetting the delicate balance and strong synergy we’ve created with Plan A. 

But again, life is unpredictable. Are you prepared with a contingency plan in the case of a sudden change? 

Changes no matter how big or small can trigger the need for a contingency plan, or Plan B. 

Natural disasters, water damage, a fire in your building, losing a critical member of your team, even another pandemic are all examples of why contingency planning at work is absolutely necessary. 

Do you have a plan in place? Let discuss 3 reasons why contingency planning at work is crucial. 

Don’t Panic – Plan

When disaster strikes your team is automatically stalled until you break out your new plan. Having no plan and no direction can cause unneeded unease and stress amongst the team. 

Manage workplace anxiety by having a plan that you can quickly implement in the face of a problem. 

You can have several plans to cover major and minor incidents and break them out whenever needed. 

Training your staff and having a guide on what their jobs are when contingency plans are put into effect will also help ease their minds because they will be able to quickly transition into that plan and get to work. 

Give your staff, and yourself peace of mind by having these plans in place and knowing what to do when you need to use one. 

Comprehensive Business Awareness

When planning and preparing for a potential disaster that may never even occur it forces you to look at the big picture and figure out how to keep the business going at its minimum. 

You’ll evaluate what tools, programs and equipment you’ll need, what to tell vendors, stakeholders and clients and you’ll be able to know exactly what each staff member will be accountable for and what is needed to do their jobs. 

You’ll have a comprehensive understanding of what you need and be able to have those tools at the ready whenever you need them. 

Minimize Business Loss

When you’re able to snap back into action after a disaster you’ll minimize your losses. Yes, there may be a moment of downtime, but when you have prepared a contingency plan, you’ll be able to minimize the impact. 

Communication and direction to your team, vendors, partners, clients and stakeholders throughout the transition and during the use of your contingency plan will also let them know that, despite the change, you’re working hard to continue with the tasks.

Need Help With Contingency Planning At Work? See MVision Consulting

Being prepared to jump into your contingency plan instead of trying to stick and struggle with Plan A shows great leadership in the face of a massive challenge. 

Dr. Marc Camras, owner and founder of MVision Consulting works with businesses small and larger around the world to help them with contingency planning, managing workplace anxiety, strategic thinking and planning and much more. 

Through his workshops you’ll be able to grow as a leader and take your team and business to the next level.
To learn more about our workshops and how to bring MVision Consulting to your business, schedule a discovery call today!