Assignment on the Mubashir Oman Consultancy

Introduction of  the Mubashir Oman Consultancy

            The contingency planning is very effective as well as beneficial for all companies and their businesses in the world. The contingency planning is actually designed and made to reduce the effects and the losses of the business. So, some contingency plans are also made for the Mubashir Oman company. There are some different types of important reasons of making the contingency plan for the Mubashir Oman company which are given in this document along with the explanation that effectively justify the selection of contingency planning for the company.

Contingency Planning of  the Mubashir Oman Consultancy

There are several types of contingency plans exist in the world which can be very beneficial for the companies as well as very significant for the business growth of the companies. The contingency planning is effective that is mostly handle, manage as well as prevent for the risk occurred in the company. Some very important contingency plans are selected for the Mubashir Oman company is providing the consultancy services in digitally and effectively providing several benefits to its customers. The contingency plans which are selected for Mubashir Oman consultant company are resource plan for operating, expected life plan, criteria for the invoking plan, training and testing plans. Some notable reasons are addressed in this section for the business of the company (Plan & Supplies, 2009).

Better preparation of  the Mubashir Oman Consultancy

It is the very first reason of the contingency planning for the company business and service. The management and authority can easily secure the company form different types of risky and harmful scenarios by preemptive and the efficient planning. It can be understood with the help of an example such that the company backed up data can be lost in fire. But the contingency plan will give another direction to overcome this situation.

Quicker Reaction of  the Mubashir Oman Consultancy

The business of Mubashir Oman with the contingency plan is expected more to give reaction immediately to unplanned events. At the time of appearance of challenges, Mubashir Oman company will have the ability prevent and manage several problems as well as it can also reduce the damage to the business. No doubt, the contingency plans are made or designed only to give quick response to the damages. Due this feature, the contingency planning for risk management is recommended for the Mubashir Oman company.

Effective and Flexibility of  the Mubashir Oman Consultancy

The contingency plans are not only providing the support to make company able to take stand in difficult situation but such kind of plans make Mubashir Oman able to become more flexible and the risk mitigation processes more effective that the company will have the clear foresight for the future risks. For instance, the new policy may be introduced by the government which can be effective and harmful for the business.

Reducing the losses of Mubashir Oman

            In the future or in a special case, when the Mubashir Oman will face any kind of disturbance in the business as well as provision of services to the customers whether the disturbance in the form of any natural disaster, if the company will have the proper contingency plan then it can support and help to reduce any kind of loss of the company including provision of consultant services to people. By reducing the effects and losses, these plans can take company back on the track to provide the digital consultancy services to the customers (Sekar & Sukumar, 2013).

Eliminative Last-Minute Comprehension

The Mubashir Oman’s Management should never take a decision at the time of peak of stress because it is possible that they could take a wrong decision which can be worst for the business. So, the managers should have to identify the actual reason of rising of the problem or damage and the after measurement, the secure contingency plan will be applied that can effectively eliminate all factors. After that these plans eliminate the need for the last-minute understanding as well as minimize the risk considerably.

Conclusion of  the Mubashir Oman Consultancy

It is concluded that the contingency planning is effective that is mostly handle, manage as well as prevent for the risk occurred in the company. The management and authority can easily secure the company form different types of risky and harmful scenarios by preemptive and the efficient planning. The contingency plans are made or designed only to give quick response to the damages. The contingency plan will give another direction to overcome this situation. If the company will have the proper contingency plan then it can support and help to reduce any kind of loss of the company including provision of consultant services to people.

References of  the Mubashir Oman Consultancy

Plan, W. P. C. & Supplies, P. A. D. W., 2009. Contingency Plan.

Sekar, N. & Sukumar, R., 2013. Waiting for Gajah: an elephant mutualist's contingency plan for an endangered megafaunal disperser.. Journal of Ecology, 101(6), pp. 1379-1388.