The next 6-12 months

What new contingencies would be appropriate and what things do we all need to consider? There’s an abundance of rights and wrongs flying around but having a contingency plan is a smart, proactive strategy and differs from a crisis management plan.

Ensure your business is set up to proactively deal with events and applicable risks rather than simply react to them. In an unpredictable climate it’s essential to have a plan in place – that will keep you successful in a turbulent marketplace.

Prepare a draft plan, ask others to help contribute and get their buy-in. Then share it with your workforce so they appreciate the method in your madness and the thought behind the path you're taking. But lastly, make sure you revisit it regularly - the need for flexibility and the willingness to change it remains key.