Businesses can prepare for the macro effects of a crisis by understanding the potential impacts such as fewer business opportunities, need for layoffs or closure, and a decrease in commercial lending. They should pay special attention to departments with paused hiring and pay reduction, and develop measures to support these departments. Businesses should also define the scope, issues, and time horizon of the crisis, list all key drivers, gather and analyze data, and develop different scenarios for crisis management.
In face of uncertainty and disruption, use our COVID-19 Crisis Management deck to undertake the curr...
Download template