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PLANNING
What You Don’t Know
About Risk Could Kill Your Business
from retaliation by a terminated
employee.
Supply Chain Disruption
• Companies should develop
comprehensive supply-chain
security plans to keep production
going despite an interruption
somewhere in the chain.
• Simply carrying extra inventory is
not the solution, because you will
rarely have enough of the right
inventory at the right time.
• Consider developing an alternative
sourcing option, and reassess
sourcing and production locations
as a whole.
Business Continuity
Getting a Full Return on Effort?
Succession Planning
• Your bottom line may rest on a
Increase Revenue
smooth leadership transition.
Formalize a succession plan that
Gain Loyal Clients
addresses unforeseen departures or
the death of top executives, senior
managers, or key technical staff.
Improve
• Nurture people within the company
Management
who show leadership qualities, so
Effectiveness
that there will be someone who can
hit the ground running should a top
Innovate and Grow
spot suddenly need filling.
• Review your succession plan
periodically to make sure it’s current
and still accurate.
Lesley
Closing the Gap Between Vision & Reality
Adapted from 5 Threats That Could Sink Your Boucher
Renee
Lewis
Company by Tonya Vinas
301.332.4677 • www.PensareGroup.com
28 ThinkBusiness Click Here for Table of Contents April 2009 29
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