Decision Making in Complex & Volatile Times: Keys to Managing COVID-19
For many business leaders, COVID-19 will be the most disruptive, world-changing event in living memory. And the challenges wrought by COVID-19 affect every aspect of their organizations – from their people to their bottom lines. As they seek to quickly respond to this rapidly unfolding crisis, they must also make decisions about next steps in a fluid and uncertain environment where the longer-term horizon is still evolving. The work they do on both fronts will shape the future of their organizations.
In this whitepaper, you will find:
- Hallmarks of success for companies that survive a crisis
- A comprehensive COVID-19 Response Framework:
- Response frameworks to manage through varying "event arcs" brought forward by COVID-19
- Black Swan Decision Framework for Executive Leaders
- COVID-19 Crisis Management Model
- Timeframe-based Business Impact Actions and Priorities:
- Priorities for organizations as they manage through various stages of COVID-19:
- Protect People & Assets
- Balance Sheet Protection
- Maintain or Increase Revenue
- Cost Management
- Revisit Business Strategy