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...

Stress testing has become the risk management tool du jour in the wake of the global financial crisis. In countries where the information reported by financial institutions is considered to be of sufficiently good quality, and supervisory and regulatory standards are high, stress tests can be of...