Leadership and Decision-making Plans

Leadership and Decision-making Plans

Contingency plans are an essential part of any business that prepares them for potential future events that may disrupt the functioning of the company (Marchewka, 2016). They ensure that the business stays afloat and can get back on its feet as soon as possible. In my recording studio, there are many possible issues that may arise and interrupt normal work. These may range from natural disasters such as hurricanes, to unpreventable ones such as theft and burglary or even issues related to personnel and mistakes within the company such as leakage of information. In all these instances, it would be essential to have plans for a way out and have the business running. One of the contingency plans that I would have in place would be to save everything off premises for example to an encrypted cloud service. This case would ensure that all the vital documents and information are protected from physical destruction and also with multiple layers of security. Another plan would be to encourage internal security through the use of CCTVs and automated technologies and access control systems. These would ensure that only certain staff members access specific information and would be accountable for cases of breach.

I have several short and long-term goals for my company. I also plan to execute each within specific time frames to ensure stability and progressive actualization of my ultimate plan of building a state of the earth music recording studio. One of the primary short-term goals would be to find a conducive suitable space immediately, that is within the first month of starting work. I would also devote the next three months to finding suitable, quality and up to standard equipment and gear. This move would also run concurrently with the hiring process. However, other objectives such as finding and contracting artists would run on both short and long-term basis. I would aspire to get at least twenty artists in the first six months and ten more each month after that. I would also work towards having at least ten recording contracts in the first one year. Other medium to long-term goals include adding more engineers and high-tech equipment. In a period of two to three years, the business should have grown to another location. It should also have more clientele and a raise in salary for the staff members to foster loyalty and job satisfaction.

One of my contingency plans relates to security breaches that may occur in the course of the business. The plan is to enforce cloud saving instances with robust encryption for protection. This case would offer backup in case of occurrences such as fire instances that could destroy physical hard drives and computers. Such a measure would also assist the company to recovery from cases of theft and destruction of property. Having information on cloud storage would also enable the personnel at work to access and work on their different parts from anywhere with a lot of comfort. Morandi (2017) applauds cloud tools for their accessibility and states that it is a novelty that allows for collaborative practices away from the previous issues of insufficient storage and bandwidth. Another contingency plan would be enforcing a confidentiality and non-disclosure agreement within the company. This case would ensure that the employees protect and become proactive in avoiding potential leakage. This move would enhance client’s trust in the company as we take measures towards ensuring the safety of their work and that we release them when they are ready.

References

Marchewka, J. T. (2016). Information technology project management: Providing measurable organizational value. John Wiley & Sons.

Morandi, M. (2017). Collaborative Music Composition Using Cloud Tools. eLmL 2017, 92.