Perspectives
Crisis management & resilience planning
Being proactive during disruption
Although the full impact of COVID-19 is still unknown, many organisations are being impacted by declining sales and reduced consumer demand, supply chain disruptions, and transport restrictions. These issues will have a domino effect on global markets with the escalating risk likely to impact those not yet directly affected by COVID-19. These companies need to consider their pandemic preparedness measures and be proactive and prepared. This article focuses on risk identification and organisational exposure; identifying critical dependencies; and how to develop pragmatic and effective crisis and resilience solutions.
Topics covered in this article:
- Assessing the impact of a crisis on employees, assets, operations, stakeholders, and reputation
- Understanding and managing risks in a time of disruption
- Practical steps in developing a proportionate crisis and resilience response plan
Recommendations
COVID-19: Cyber considerations amid a global pandemic
Respond: Prepare for and manage continuity
COVID-19 impact and business stabilisation
Chief Restructuring Officer support | Leadership and management in disruptive times