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Some potential crises that a business should prepare for include financial crises, operational crises, technological crises, reputational crises, natural disasters, and human-related crises such as strikes or workplace violence. It's important for businesses to have a crisis management plan in place to handle these potential situations.
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The first part of crisis management is crisis-prevention, the experts say. This means having a solid crisis management plan, hiring and training your crisis management team and conducting practice exercises for plan implementation. This part also requires creating any crisis communication drafts you may have to use in times of crisis. Having these messages ready ahead of time will save you some nerve cells in an emergency situation.
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In face of uncertainty and disruption, use our COVID-19 Crisis Management deck to undertake the current challenges of your business, develop recovery...
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