How great leaders avoid disaster: the value of contingency planning

Abstract

Purpose

The purpose of this paper is to discuss how leaders can benefit from better contingency planning.

Design/methodology/approach

This paper is a viewpoint from an acclaimed organizational advisor and specialist in strategic planning.

Findings

The paper gives examples of good and bad contingency planning, and offers advice on how to put together a plan.

Practical implications

This paper will help managers develop and implement better strategic contingency plans.

Originality/value

This paper will be very useful for practitioners wanting to learn about contingency planning, or considering whether to write a plan or not. It gives clear step‐by‐step instructions, and uses well‐known examples from practice.

Citation

Simpkins, R.A. (2009), "How great leaders avoid disaster: the value of contingency planning", Business Strategy Series, Vol. 10 No. 2, pp. 104-108. https://doi.org/10.1108/17515630910942241