Hit a Home Run with Your Contingency Plan
Posted on
Fantasy baseball can be an arduous, time-consuming process, but fun at the same time. There are online drafts with other fantasy players, and knowing your players and the skills they bring to the table by brushing up on statistics is key in drafting the best team possible.
I won our fantasy league last year, and what helped me win was not necessarily how my starting lineup performed, but who was on the bench. I had a team full of great players that, if a starter was injured, could jump in and take their place. This backup plan saved me a lot of headaches down the road because I was prepared for the unknown arm injury and had a good replacement ready to enter the game.
So how does this relate to the business world, you might ask? What would happen to your business if it was damaged by fire, a distributor was not able to deliver parts that you use for your product, or if power was shut down for a long period of time? Things happen in life that can be outside your immediate control and when then do, a contingency plan could mean the difference between survival and closure.
Contingency plans are important when trying to keep a business up and running. In the examples above, the business could benefit from having a plan that includes use of another nearby facility, using an alternate parts vendor to keep the product line moving, or using generators to provide a temporary power supply. A contingency plan could include redeployment of personnel to another facility, using an off-premises computer server to help protect data, or making arrangements for temporary work space. Even knowing how to contact your employees after hours can be an important part of the plan. Any item that could help your business continue while the emergency is being addressed should be part of your contingency plan.
How do you create a contingency plan? Start by assembling key personnel from your company and ask how their jobs would be affected by emergency scenarios that could potentially impact your business. Use this information to build a contingency plan, and review it annually to ensure that the plan is still appropriate as personnel and operations can vary. Having an outdated plan is next to having no plan at all!
Do you have a contingency plan in place, and have you had to use it? We would like to hear from you! And as for my fantasy baseball team, having a Cubs player as my first draft pick is a must!
Thats great news! A good contingency plan takes time to create, but is so valuable when it is truly needed! And certainly, the mantra of Just Wait Til Next
Key elements of a contingency plan.if you were suddenly ...
Home. How we help business Key elements of a contingency plan.if you were suddenly unable to run your and hopefully an exit plan but business owners also
The Critical Need for Business Contingency Plans
Depending on the kind of business you run, you may need to rely on the contingency plan for a little longer. Business Phone Systems Home.
How to Implement Business Contingency Planning - Yahoo ...
having a business contingency plan in place can save your business. A business contingency plan is a set being hit by a blizzard. No you run
Hit A Home Run With Your Forex Trading Plan |
A home run means creating a Forex trading plan that will Hit A Home Run With Your Forex Trading Plan. Here is sample trading plan you can use to help you
Contingency plan for Bihar's flood-hit farmers
Contingency plan for Bihar's flood-hit farmers Home; News. Business. Technology. Post your Comment.
Bat Plane to Increase Your Chances of Hitting a Home Run ...
If you really want to hit a home run, you have to take that into consideration. Categories: Swing Plane Tags: hit a home run, pitch plane, pitcher's mound,
The Importance of a Contingency Plan - Paperblog
A couple of weeks ago the Northeast was hit with a blizzard By planning ahead and having a good contingency plan in place, you can avoid Build your long run.
Whats Your Zombie Contingency Plan? 11 Practical Strategies
They have a zombie contingency plan. Luckily there is a retirement home/community because if you just run out of your house waving a
A's pregame notes: A's contingency plans, Scherzer limited ...
When you already have contingency plans going in it The A's have a contingency plan too. A.J. Griffin has been Fielder was robbed of a home run in the