How great leaders avoid disaster: the value of contingency planning

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

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

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

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

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.