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02 Nov 2020
2 minute read

Build resilience into operations and financing

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

Crisis management and resilience planning
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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

Key contacts

Rick Cudworth

Deloitte - United Kingdom
As a partner and the Resilience and Crisis Management leader of Deloitte UK, I have over 25 years of experience in resilience and crisis management. I have helped many global organizations define and design their crisis management framework and have run advanced simulations and war games across many industry sectors to enable them to be more crisis ready. I also have real-crisis experience, providing direct executive support through crisis events on multiple occasions.
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Ashish Patwardhan

Deloitte - Global
Ashish is a managing director in the strategic risk and crisis management practice with Deloitte & Touche LLP. He advises clients in the areas of crisis preparedness, strategic and enterprise risk. He writes on crisis management, including the board’s role in crisis management, and employee engagement during a crisis.
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