5 Top Tips for Businesses in Moments of National Crisis
Every business has had to face
moments of disruption at some point or another. However when faced with
disruption on a national scale, it takes response and preparation to a whole
new level. It is a time when companies are really put to the test, but a time
when they can truly live up to their purpose and values.
Here are our 5 top tips to help businesses get
through these difficult times:
1. Protect your Employees
Your employees cannot serve your customers well unless they feel appreciated and protected. Do everything you can to ensure their safety and well-being.
2. Set up that Response Team
No man is an island. You need that one team that works incredibly well together, that knows the business inside out. Put a plan together, share it, debate it, agree on it and implement it. Have clear lines of communication to facilitate roll-out of all activities.
3. Stress Test those Finances
Assume the worst case scenario and ensure that payroll is protected and you have enough cash flow to pay those critical suppliers on which your core business depends.
4. Protect the Business
Have all the checks and balances in place to make sure that you can continue to serve your customers remotely. Prioritise services, faults, or suppliers, whatever your business may be.
5. BE BOLD
Don’t be afraid to take bold decisions if this means that you are protecting your people, your business and ultimately the community. Do what feels right.
This is not the time to focus on
competitors or the future. This is the time for the here and now. A time when
businesses should come together, bring out the best in each other and step up
for the benefit of the country.
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