Another example of strategic management planning involves diversification. Many businesses fail because they have only one product or rely on only one or two large customers.

Examples of a Mitigation Plan. Mitigation of risk is a part of the discipline of risk management. Mitigation plans eliminate the exposure of a business to risk, lessen the impact of a threat, or ...

A robust risk management strategy protects the investment of time and resources of those planning or executing an event. It also helps ensure attendees' safety and overall satisfaction.