Reference no: EM132986550

1. Business Processes

If you have you been involved with a company doing a redesign of business processes, discuss what went right during the redesign and what went wrong from your perspective. Additionally, provide a discussion on what could have been done better to minimize the risk of failure. If you have not yet been involved with a business process redesign, research a company that has recently completed one and discuss what went wrong, what went right, and how the company could have done a better job minimizing the risk of failure.

2. Contingency Planning

Contingency planning is a risk mitigation process for developing back-up plans in anticipation of events (scenarios) that might disrupt ‘business as usual'. Business continuity planning is an expanded version of contingency planning that typically encompasses a more comprehensive and extended response plan for getting back to ‘business as usual'. In a well-formatted, highly-detailed research paper, address the need to contingency planning, ensuring to address the following items:

(1) Benefits of scenario events/planning.

(2) Questions to consider when implementing scenario planning.

(3) The common types of scenario planning.