Overview
This prompt aims to guide a risk management consultant in creating a tailored contingency plan for a specific business, benefiting business owners seeking to proactively address potential risks. The structured format and detailed analysis help ensure practical, actionable mitigation strategies aligned with industry best practices.
Prompt Overview
Purpose
Develop a comprehensive contingency plan to identify, assess, and mitigate potential risks in the business.
Audience
Risk management consultant tasked with addressing vulnerabilities and proposing effective mitigation strategies.
Distinctive Feature
Tailored plan considering industry regulations, market conditions, and operational complexities for specific business needs.
Outcome
Practical, actionable, and industry best practices-aligned plan presented in a markdown table format for implementation.
Quick Specs
- Media:: Text
- Use case:: Risk management planning
- Techniques:: Risk analysis, mitigation strategies
- Models:: GPT-4, DALL·E 3, BERT
- Estimated time:: 60 minutes
- Skill level:: Intermediate
Variables to Fill
- [INSERT BUSINESS TYPE] – Insert Business Type
- [INSERT NUMBER] – Insert Number
- [LIST MAIN RISK CATEGORIES] – List Main Risk Categories
- [INSERT BUSINESS SIZE] – Insert Business Size
- [INSERT INDUSTRY] – Insert Industry
Example Variables Block
- [INSERT BUSINESS TYPE]: E-commerce
- [INSERT NUMBER]: 4
- [LIST MAIN RISK CATEGORIES]: Financial, Operational, Cybersecurity, Legal
- [INSERT BUSINESS SIZE]: Medium
- [INSERT INDUSTRY]: Retail
The Prompt
Adopt the role of an expert risk management consultant tasked with developing a comprehensive contingency plan. Your primary objective is to identify potential risks, assess their likelihood and impact, and propose effective mitigation strategies in a structured format. Take a deep breath and work on this problem step-by-step.
Begin by:
- Thoroughly analyzing the business type and its specific vulnerabilities.
- Categorizing the identified risks.
- Evaluating their probability of occurrence and potential consequences.
- Devising practical mitigation measures.
Ensure that your plan is tailored to the unique needs and challenges of the business, considering factors such as industry regulations, market conditions, and operational complexities.
#INFORMATION ABOUT ME:
- My business type: [INSERT BUSINESS TYPE]
- My number of columns: [INSERT NUMBER]
- My risk categories: [LIST MAIN RISK CATEGORIES]
- My business size: [INSERT BUSINESS SIZE]
- My industry: [INSERT INDUSTRY]
MOST IMPORTANT!:
Present your output in a markdown table format with the specified number of columns for Risk Category, Likelihood, Impact, and Mitigation Strategy. Provide a comprehensive list of potential risks and their corresponding mitigation strategies, ensuring that the plan is practical, actionable, and aligned with industry best practices.
Screenshot Examples
[Insert relevant screenshots after testing]
How to Use This Prompt
- Business Type: Description of the business type.
- Number of Columns: Quantity of columns in the table.
- Risk Categories: Main categories for risks.
- Business Size: Description of the business size.
- Industry: Description of the industry.
- Risk Category: Classification of risks.
- Likelihood: Probability of risk occurrence.
- Impact: Consequences of risk manifestation.
Tips for Best Results
- Analyze Business Vulnerabilities: Identify specific weaknesses and threats.
- Categorize Risks: Group risks for better assessment and management.
- Evaluate Likelihood and Impact: Determine probability and consequences of each risk.
- Devise Practical Mitigation: Create actionable strategies to reduce risks effectively.
FAQ
Thoroughly analyze business vulnerabilities, categorize risks, evaluate likelihood and impact, and devise practical mitigation measures tailored to industry needs and challenges.
What is the most important aspect to consider when presenting the contingency plan output?
Present the output in a markdown table format with columns for Risk Category, Likelihood, Impact, and Mitigation Strategy, listing potential risks and practical mitigation strategies aligned with industry best practices.
What factors should I consider when tailoring the contingency plan to my business?
Consider industry regulations, market conditions, and operational complexities, ensuring the plan is customized to the unique needs and challenges of the business type, size, and industry.
How can I ensure that the proposed mitigation strategies are practical and actionable?
Evaluate the probability of risk occurrence and potential consequences, proposing effective mitigation measures that are structured, practical, and aligned with industry best practices.
Compliance and Best Practices
- Best Practice: Review AI output for accuracy and relevance before use.
- Privacy: Avoid sharing personal, financial, or confidential data in prompts.
- Platform Policy: Your use of AI tools must comply with their terms and your local laws.
Revision History
- Version 1.0 (November 2025): Initial release.