Scenario Planning

Plan to overcoming unexpected events

Why use them?

• Reduce damage from the event

• Reduces panic in disaster

• Protect reputation

• Categorise severity of certain events

• Identify potential outcomes in the scenario

Risk mitigation - actions taken to minimise or eliminate risk

Contingency planning - preparing for unexpected events

Business Impact Analysis - how heavy will the impact be on the business

Developing a contingency plan:

• Acceptance

• Catalogue possibilities

• Preventative measure

• Crisis plan

• Testing

• Review

Limitations of contingency plan:

• Time consuming and costly

• Needs reviewing

• Lack of predictability

Businesses have to be able to respond quickly to Change.

Considerations:

• Impossible to create a plan for every event

• Vital to maintain, update, and train employees to the plan

• Compare costs vs benefits of putting the plan in place (is it essential? will the effects actually be that significant if it happens?)

Succession planning - planning for the loss of a leader or a key staff member

• Implement work shadowing and training so staff can be ready