Getty Images. 1  Malia Obama came back from troubling rumors of rehab to fulfilled her final duties as First Daughter! The 18-year-old had gone missing from the White House in Oct. of 2016, before abruptly making appearances with Barack and Michelle Obama in Hawaii over the holidays.
More management models. Scenario Planning (SP) is a model for learning about the future in which a corporate strategy is formed by drawing a small number of scenarios, stories how the future may unfold, and how this may affect an issue that confronts the corporation.
Two Major Types of Contingency Plans. A contingency plan is a methodical approach to preparing for potential events. The planner performs a risk analysis of various scenarios and their probabilities. Based on the risk analysis, the planner designs contingency plans detailing how each scenario is responded to. Contingency plans boil down to two major types: staying in place or evacuating. Low-intensity scenarios where there is no immediate threat to the planner's location allow the person to stay in place.