Explain The Importance Of Contingency Planning

Contingency planning is planning for the future. It is a plan which prepares an organisation or agency for an emergency or out of the ordinary situation so that business activities can resume to normal as soon as possible. It allows an organisation the capacity to plan a response to events, which could disrupt its normal operations. Such disruptions may be minimal or may include instances where normal activities cannot be performed and may not be, for an extended period of time.
On a larger scale, contingency planning for serious disruptions is referred to as disaster planning. This refers to situations that could arise with little or no warning causing or threatening death, serious ...

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I will explain the importance of contingency planning by highlighting the negative aspects of an emergency situation, which occurred to a company in Bhopal, India in 1984. The company did not have a contingency plan and the incident quickly became nothing short of a disaster. I have chosen Bhopal as my main case study because of the catastrophic effect that an industrial incident had on a total society.

I will also briefly refer to the Knox City Council Fire that occurred in Victoria, Australia in 1994. My reference is by way of photographs and examples used by the Council, depicting the successful implementation of a contingency plan.

How contingency planning began.

Safety consciousness in business and industry was basically a product of the twentieth century. Before the industrial revolution, many businesses suffered economic losses as a direct result of accident or illness rising out of prolonged exposure to a particular work environment. Only late in the nineteenth ...

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fluctuations, natural hazards, deliberate disclosure of data by staff, demonstrations, design error, disclosure to opposition of business and/or marketing plans, disgruntled staff, embezzlement, espionage, failure of testing procedures, fraud, hacking of computer systems, hostage situations, injury to staff or clients through accidents, litigation by client or supplier, loss of data & records, major price undercutting by opposition, malicious rumour mongering by opposition, millennium bugs, non-insurance payouts, non-paying customers, O,H & S injuries to staff or clients, organised crime, violence pollution - money laundering, power loss/ failure/cut-off, ram-raids, sabotage, sexual ...

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Explain The Importance Of Contingency Planning. (2007, October 12). Retrieved May 26, 2018, from http://www.essayworld.com/essays/Explain-The-Importance-Of-Contingency-Planning/72618
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"Explain The Importance Of Contingency Planning." Essayworld.com. October 12, 2007. Accessed May 26, 2018. http://www.essayworld.com/essays/Explain-The-Importance-Of-Contingency-Planning/72618.
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Added: 10/12/2007 11:07:56 PM
Category: Government
Type: Premium Paper
Words: 4306
Pages: 16

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