Professional Documents
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PlanningfortheUnexpected - Job Aid
PlanningfortheUnexpected - Job Aid
Planning
for the
Unexpected
Assembling a Team
Question Key Decision-maker(s)
Jenine
Who leads general business operations
(e.g., infrastructure, maintenance, office, etc.)?
Jenine
Who makes key financial business decisions?
Jenine
Who leads strategic communications efforts?
Jenine
Who leads technical operations?
Jenine
Who makes key staffing decisions?
Question Yes No
Would repeated human error affect your business operations (e.g., poor
training, poor maintenance, carelessness, misconduct, substance abuse, ■
fatigue, etc.)?
Would man-made or natural events like fires and explosions, industrial accidents,
chemical/hazardous material spills, communications and utility outages, system ■
disruptions and transportation accidents affect your business?
Have there been any risks associated with your community, neighborhood, or facility
before?”
sometimes storms knock out power for up to 30 minutes max.
What is it about the design or construction of your facility/office that might make
your business particularly susceptible to a certain event?
none
Future Thinking
A future-oriented mindset that challenges Future thinking is a mindset that can help
our existing mental models through a identify new ways to do business, make
systematic method of exploring alternative improvements to existing processes, and
futures. prepare you to be open to shifting to new
possibilities.
Source: Foresight Ministries
Recovery
A set of actions to help a business get The ability to recover depends on how
through difficult times. ready you are as a business and if you
have a tested plan.
Source: CHRON.
Resiliency
The ability an organization has to quickly Resiliency begins with an understanding
adapt to disruptions while maintaining that workflows must be preserved in order
continuous business operations and for organizations to survive unexpected
safeguarding people, assets, and events. An often-overlooked challenge of
overall brand equity. business resilience planning is the human
element, whereby individuals in a chaotic
situation must be prepared and educated
Source: SearchCIO on how to respond accordingly.
Exit Strategy
A contingency plan that is executed by An exit strategy is an entrepreneur’s
an investor, trader, venture capitalist, or strategic plan to sell their ownership in a
business owner to liquidate a position in company to investors or another company.
a financial asset or dispose of tangible If the business is not successful, an exit
business assets once predetermined criteria strategy (or “exit plan”) enables the owner
for either has been met or exceeded. to limit losses.
Source: Investopedia
Business Ecosystem
A purposeful business arrangement Business ecosystems exist to create
between two or more entities (the a higher level of value collectively than
members) to create and share in collective the members can create individually,
value for a common set of customers. considering time, capital, brand permission,
market access, and other real-world
Source: EY constraints.
Business
Continuity Plan
A written document outlining how When business is disrupted, it can
a business will operate during an cost money. Lost revenues plus extra
emergency. expenses mean reduced profits.
Insurance does not cover all costs and
cannot replace customers who defect
to the competition. A business continuity
Source: The Society for Human Resource plan to continue business is essential to
Management help you recover.