Every business operates in an environment which is uncertain and continually changing. Your businessí operational plans and attitude to planning must be flexible enough to deal with contingencies occurring in the operating environment. Contingencies refer here to significant changes that can occur in the external operating environment which adversely affect your planned operational performance. Significant changes that can occur in the external operating environment include:
††††† shifts in demand patterns;
††††† entry of new competitors;
††††† changes in competitorsí policies;
††††† unavailability or shortage of business resources;
††††† sudden downturn in general economic activity;
††††† new legal restrictions;
††††† increases in cost of the business resources.
OBS can develop a contingency plan for your business, developing possible responsive actions to unsatisfactory operational performance.
For more information, just send us an e-mail
or phone us on (07) 5497 4484
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