Business Response Plan: From Intensive Care to Recovery

/in , , /by

In Part 1 of this blog, we identified four stages you can take to proactively lead your organization through the uncertainty and down the road to recovery.

Once you have taken care of the most urgent tasks in the “Emergency Room” phase, it is time to start treating your business to lead it towards longer term stabilization, recovery and repositioning.

2. Moving through Intensive Care

Main Priority: Address the unhealthy areas in your organization and enlist the larger organization in your response.

Establish stakeholder communication plan

During times of uncertainty, increased communication is vital.

•Who are your key stakeholders?

•How often should you be in contact?

•What is the best media and approach?

Implement employee care & development plan

During times of crisis, more care and attention is needed, and development challenges are available.

•What current needs are your employees facing?

•Who can you give development challenges to?

•How can you build your culture during this time?  Read more

Business Response & Recovery Plan to COVID-19

/in , /by

A process to lead your organization through uncertainty and down the road to recovery

If your business has been hit hard by the COVID-19 pandemic, we recommend taking immediate action. Don’t “wait and see” what might transpire.

We have identified four stages you can take to proactively lead your organization through the uncertainty and down the road to recovery.

Our Core Assumptions

  • The spread of this pandemic will lead to major disruptions in almost every industry.
  • A “wait and see” approach could be destructive –prepare for the worst and hope for the best
  • No one can predict the future. A systematic and agile approach is needed.
  • Every customer and employee is experiencing some level of stress, anxiety, or fear. Strong values-based leadership is needed
  • No business will remain the same. The disruption will create opportunities for retooling or repositioning for those that are proactive.

 

1. Getting Started in the Emergency Room

Main Priority: Help your leaders and organization recognize the urgency of the times, align to secure the safety of stakeholders and stop the financial bleeding.   

Here are some activities for the “Emergency Room” stage of a crisis:

Rally Key Leaders

 Rally key leaders with a wake-up call and clear sense of urgency

 Avoid inaction and a “wait and see” approach

Key Questions to Answer:

What is a realistic picture that recognizes there is no certainty on when things will improve?

What will need to change with your communication and meeting cadence?

Set a Baseline

 Determine clear financial picture around cash flow, profit/loss, etc

 Identify cost cutting measures

 Determine worst case scenario for supply chain, project schedules, and other operational critical areas

Key Question to Answer:

How deep can your cuts go without inhibiting your ability to recover once stable?  Read more

Three Things I Learned During the Epidemic of 1974 That Apply to BAM in the Pandemic of 2020

/in , , /by

by Larry Sharp

In the early 1970’s I was living, along with my family, in the Brazilian Amazon port city of Belem where I was the administrator of a school for children of expatriates. The Amazon Valley Academy is a K-12 school following an American curriculum but also in the 1970s and 80s taught a German program for grades 1-10 and tutored British O-level classes.

In the spring of 1974, we noted children getting ill in unusually high numbers and eventually it was determined that Hepatitis A had struck the community. We were forced to close the school and it did not re-open for five weeks.

Hepatitis A is a communicable disease of the liver caused by the hepatitis A virus (HAV). It is usually transmitted person-to-person through the fecal-oral route or consumption of contaminated food or water. Most adults with hepatitis A have symptoms, including fatigue, low appetite, stomach pain, nausea, and jaundice.

But in those days, the doctors did not know any of that. In fact, they theorized that the condition might be caused by a mosquito. And so the government epidemiologists set up tests in the community and on campus to capture and test mosquitos; meanwhile the children from our three boarding homes and others from the community were required to stay home and rest since there was no known cure and no vaccination.

After five weeks had passed most students seemed to be returning to normal health so we decided to re-open the school and most of the children returned. But then another emergency – most of the teachers got sick – yes – Hepatitis A. What should we do now?

There were a few teachers and myself (I was the high school principal at the time) who had escaped infection. As we sat around one evening thinking and praying through some options, one of the math teachers came up with an idea. “Let’s take high school seniors and juniors and use their strengths to teach the middle school students” he said. We settled on Charles to lead the science teaching team, John to lead the history team, Bruce to lead the math team and Anita to lead the English language team.  Read more