Murphy’s law is an old adage that goes, “If something can go wrong, it will.” It is also commonly expressed as “Anything that can go wrong, will go wrong.” The namesake of the law is Edward Murphy Jr., a U.S. aerospace engineer. This idea can be applied in business and is used as a planning tool.
For example, a salesman can prepare in case he loses his biggest client. A manager can plan for what she’ll do if her best and brightest employee decides to quit unexpectedly. A software developer can plan ahead for a situation which a server goes down and renders the product useless.
Contingency planning with Murphy’s law in mind is a useful exercise.