Author: James Anderson

Contingency plan examples: A step-by-step guide to help your business prepare for the unexpected

contingency management examples

Kropp, Lewis, and Winhusen (2017) provide an example of an implementation effort to integrate CM with 12-step treatment, and voices from non-research perspectives may be more convincing to clinicians than technical research reports. In implementation science more generally, Damschroder and Hagedorn (2011) likewise note the need to adapt evidence-based practices to the broader context, distinguishing the core from the adaptable components. Contingency management refers to a type of behavioural therapy in whichindividuals are ‘reinforced’, or rewarded, for evidence ofpositive behavioural change.

  1. Once you’ve assigned severity and likelihood to each risk, it’s up to you and your stakeholders to decide which risks are most important to address.
  2. The final step to creating your plan, maintaining and testing, is a continuous effort.
  3. Whether a power surge damages your servers or a hacker attempts to infiltrate your network, you’ll want to have an emergency response in place.

You can rank them by likelihood, but you should by no means leave less likely events out. Two additional applications of contingency management are relevant topsychiatry. The intervention appears to be useful in assisting individuals tolose weight.11Given high comorbidity between overweight/obesity and psychiatric disorders,contingency management for weight loss may be advantageous in psychiatricpatients with obesity. When business operations are disrupted by a negative event, good contingency planning gives an organization’s response structure and discipline. During a crisis, decision-makers and employees often feel overwhelmed by the pile-up of events beyond their control, and having a thorough backup plan helps reestablish confidence and return operations to normal.

Step 7. Maintain the Plan

Project risk management is the process of identifying, monitoring, and addressing project-level risks. Apply project risk management at the beginning of the project planning process to prepare for any risks that might come up. To do so, create a risk register to identify and monitor potential project risks. If a risk does happen, you can use your risk register to proactively target that risk and resolve it as quickly as possible. A contingency plan is a strategy for how your organization will respond to important or business-critical events that knock your original plans off track. Executed correctly, a business contingency plan can mitigate risk and help you get back to business as usual—as quickly as possible.

This has led to increased interest in CM, with state-level implementation underway in Montana, Washington, and California. California received a Medicaid demonstration waiver for the state’s CM pilot, planned to cost more than $50 million, that will include as many as 200 sites. Importantly, these implementations of CM include models that are based on research evidence with funding for reinforcers varying from $325 to $599. These policy changes represent a pivotal modification that may provide a path for nationwide dissemination and implementation of one of the most effective, yet underutilized, interventions for SUDs. It’s great if you’ve created contingency plans for all the risks you found, but make sure you’re constantly monitoring for new risks. If you discover a new risk, and it has a high enough severity or likelihood, create a new contingency plan for that risk.

Create contingency plans for the biggest risks

Substance misuse treatment clinics typically experience attritionrates of 80% or higher, and attrition is high in most other out-patient mentalhealth treatment as well. By providing reinforcement contingent on attendance,attendance rates across a range of treatment settings can be substantiallyimproved,1-3thereby increasing exposure to effective care. How can teams tackle challenges like power outages, natural disasters, and market fluctuations that disrupt operations and cause productivity losses? This strategic approach is designed to identify potential risks and develop actionable response plans to mitigate disruptions caused by unforeseen disasters and escalating problems. Business contingency plans, also known as “business continuity plans” or “emergency response plans” are action plans to help organizations resume normal business operations after an unintended interruption.

contingency management examples

But if the events of these past few years have taught us anything, it’s that having strong contingency plans is invaluable. Perhaps most importantly, there are no data to suggest that patients who earlier received CM have poorer long term substance use outcomes than patients who never received CM. All the data indicate that providing CM either results in no significant change or reductions in drug use relative to treatments without CM at long term follow-ups.

You likely already know what these areas are, but you want to do enough research to identify them all. Make sure the parties involved know what they’re responsible for in the plan, that way you can execute the plan seamlessly should the worst-case scenario occur. Enterprises are often defined by how they deal with events that are out of their control. For example, how you react to a disruptive technology or cope with a sudden change in the markets can be the difference between success and failure.

What is Contingency Management?

A business contingency plan is a specialized strategy that organizations develop to respond to particular, unforeseen events that threaten to disrupt regular operations. Begin with the highest priority “threats,” or those most likely to occur and most likely to cause significant stress to your business. These scenarios aren’t necessarily going to happen, but if there is a possibility that they’ll affect your business, you’re prepared if they do. Contingency planning and risk management are closely related but different processes. Contingency planning addresses the “what if” situations and develops a plan that will work around those situations.

Business impact analysis (BIA) is a crucial step in understanding how the different business functions of an enterprise will respond to unexpected events. One way to do this is to look at how much company revenue is being generated by the business unit at risk. If the BIA indicates that it’s a high percentage, the company will most likely want to prioritize creating a contingency plan for this business risk. Third, formal mechanisms are needed by which clinics are adequately reimbursed to provide CM.

IBM Maximo Application Suite is an integrated cloud-based solution that helps businesses respond quickly to changing conditions. By combining the power of artificial intelligence (AI), Internet of Things (IoT) and advanced analytics, it enables organizations to maximize the performance of their most valuable assets, lengthen their lifespans and minimize costs and downtime. Contingency management (CM) is a type of cognitive-behavioral therapy based on the principle of operant conditioning. It involves using incentives such as cash prizes and vouchers to reward good behavior. Use this contingency plan template to communicate risk, prevention, and mitigation measures in your company. It may be helpful to have an example of a contingency plan, so we’ll go over one below.

In the methadone arm of thestudy,4 durations ofcontinuous cocaine abstinence achieved were also significantly enhanced in thecontingency management condition relative to the standard care condition, withmeans of 2.8 v. 1.2 weeks of abstinence respectively. Again, thecontingency management group were significantly more likely to maintaincontinuous abstinence throughout the 12-week study period than the standardcare group (5.6% v. 0.5%). Contingency management is a highly effective treatment for substance useand related disorders. However, few psychiatrists are familiar with thisintervention or its application to a range of patient behaviours. This paperdescribes contingency management and evidence of its efficacy for reducingdrug use. Despite its established efficacy, contingency management is the empiricallyvalidated treatment with which clinicians are least familiar.

This could mean having a temporary staffing agency already vetted out for help or having the employees who are on duty do double duty, taking on additional tasks to get the job done. 7 min read – Powerful AI-driven omnichannel experiences are at the heart of business growth. With unlimited resources, CM programs could offer rewards without concern for cost.

When objective evidence of use is recorded, clinicians focus on strength-based feedback, such as praise for attendance, and encouragement that the next opportunity for reinforcement will occur again in just a few days. They can further engage the patient by discussing what reinforcer they are excited to work toward, orienting the patient toward the reinforcement inherent in CM. Contingency management is an effective behavior change technique commonly used to treat substance use disorders. A business impact analysis (BIA) is a deep dive into your operations to identify exactly which systems keep your operations ticking. A BIA will help you predict what impact a specific risk could have on your business and, in turn, the response you and your team should take if that risk were to occur.