The frequency of renewals depends on the specific area in question and the nature of the business. For instance:
Contracts might need renewal annually or bi-annually. Software licenses often require renewal on a yearly basis. Employee training should be an ongoing process, with regular intervals determined by the industry standards. Technology upgrades could be scheduled based on the lifecycle of existing systems, typically every 3-5 years. Strategic plans should be reviewed quarterly or semi-annually to stay agile and responsive.