Managing Your Business Through a Crisis
It goes without saying that we’re living in unusual and challenging times. But even in normal periods, we can all face business crises. So, how do we manage our way through them: operationally, financially and in our communications with the outside world?
We ran a series of short virtual events to help Wired Sussex members do just that. Below you will find an overview of the sessions and videos of the talks.
Finances
Mark Horsfield and Peter Hedgethorne from Plus Accounting shared their advice about how your businesses could and should respond financially when faced with a crisis.
They also covered the newly announced government Bounce Back loans scheme, Furlough, the Self-Employment Scheme, other grants available and their general advice to businesses at this time.
Plus, to help businesses keep abreast of all the latest developments they have been sharing really helpful updates via their blog, which you can find here.
Strategy
Alex Morrison, Founder and MD of digital media agency Cogapp, explained how we might use the OODA system (Observe > Orient > Decide > Act) to develop a strategic approach to managing a crisis. This gave members the opportunity to probe deeper into an article that Alex had recently published on ‘How to Manage an Organisation through a Crisis’.
Communications
Vicki Hughes, MD and Founder of PR and communications consultancy FUGU PR, spoke about communicating with your team, your clients and your customers when your business hits an unforeseen bump in the road.
Originally posted 11/05/2020 on Wired Sussex