How should businesses respond to the disruption caused by the coronavirus?
When dealing with crises, there are two things we know from our experience: they are all different, and they all end. How they end for your business depends on the speed and quality of your crisis management.
As the implications of the coronavirus pandemic become more apparent and economic conditions worsen, businesses must prepare for extreme disruption. Timeframes are uncertain and governmental guidance varies from country to country. It is essential for leaders to address immediate concerns and prepare for multiple contingencies while keeping business running with a longer-term perspective.
We designed the 10-Pillar ‘Commandments’ approach to give companies the greatest chance to weather the storm, create stability, and protect value for recovery.