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Updating the plan based on industry and regulatory changes. Solutions: Review the plan annually and after major industry changes. When implemented effectively, contingency planning enables businesses to navigate crises with agility and emerge stronger in competitive markets. Reviewing lessons learned from past incidents.
Let me provide these: Increased agility : Embracing a Composable Innovation Enterprise Framework enables organizations to be more agile in responding to market changes and customer needs. I highlight the key value points.
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