Contingency plans - do we really need them?

I totally disagree with Elizabeth; the very nature of contingency planning is to account for unexpected disruptions. Risk management is now the foundation of prudent business planning, what if sales don't reach expectations?

What if a competitor launches a new product? What if a natural disaster disrupts a supply chain? You had better have contingency plans in place as a risk management regime instead of flying by the seat of your pants type operation.

Military planning has frequently held troops back in reserve, what happens if in a military situation where the platoon or battalion leader is wounded or killed in action?

Is the next in command capable of taking over, it isn't difficult to step on a land mine or be shot despite your best efforts to keep your head down and watch where you step.

What is the chance of key personnel getting sick? The chances of staff being recruited by the opposition is high, can they be replaced? Is a succession plan in place?

Development of all staff is a key issue with all members capable of a) knowing the plan and b) having the capability to execute the plan.

All formidable sports teams have contingency plans in case of game day injuries or match-ups of key personnel - you had better believe back-up plans are in place.