Business Practice Argumentative Essay

The planning process Essay

Rafael Cosme Tirado

24 July 2016

Instructor: Dr. Michael Barker

The Planning Process

      This week paper is based on an interview conducted with a former colleague, Andres

Medina, who is now a managing Director for a telecommunications company in the area. Over

the course of this discussion, it was examined contingency planning and how creativity and

critical thinking relates to contingency planning for a telecommunication company. Additionally,

 how the company has integrated creativity into their planning process since our time working

together as well as the lesson learned about creativity and its relationship to the decision-making

process. Finally, it was identified key steps require in the business contingency planning. For the

purpose of this paper, the subject matter will relate to telecommunications operations in the

business environment.

Discuss what you discovered about contingency planning

      Contingency planning plays a critical role in enhancing the organization towards the

realization of organizational goals. Every activity that must be undertaken within an organization

requires a significant and comprehensive step by step planning process. By not considering all

the alternatives and their ramifications, organizations can not properly plan for what lay ahead.

In some occasions, leading to squabbling and splits among management, investors, and workers.

      Contingency planning is a must step in organizations. This process ensures a business is well

equipped to deal with emergencies thus preventing loss in capital. The interview revealed the

intricate connection between contingency planning and organizational risk management efforts.

The plans, in essence, are established based on the potential risk areas the company is likely to

be faced in the future.

Discuss how creativity and critical thinking relate to contingency planning.

      During the interview, it was established that critical thinking and contingency planning go

hand in hand. According to Mr. Medina, there is an inherent need to map out a range of

outcomes and have predefined courses of actions for every face of operation in the business of

telecommunications.

      Critical thinking and contingency plans are a necessary plan of action before any future plan