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Build resilience into operations and financing

Business continuity & financing | Thrive: Prepare for the next normal

Crisis management & resilience planning

 

Being proactive during disruption

Although the full impact of COVID-19 is still unknown, many organizations 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 organizational 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

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