It is essential to have a Business Plan (Business Plan), however, it is also essential to have a Contingency Plan (Contingency Plan). The Business Plan allows us to plan the evolution of our business, the Contingency Plan allows us to adapt to a rupture that prevents our business from developing.
When everything falls apart, life and business are shaken
When the rupture has much more impact than expected, as it is something exceptional and occurs every 100 years, the Contingency Plan will have to be developed urgently and considering different scenarios, possibly negative scenarios.
It is time to have external agents to the organization who offer us mentoring support and executive coaching from the cold, objectivity and a lot of cold blood.
It is recommended to consider the image (click on it to enlarge it) to update the Business Plan within the framework of a Contingency Plan.
Source: McKinsey & Company