How to Get Your Company Ready for the Unexpected

If Americans have learned anything in the past few weeks, it’s that emergency preparedness can never be underestimated. The rapid spread of the novel coronavirus took many families and businesses by surprise, and people are still trying to respond to it. If you own a business, you should try to mitigate the effect that the virus will have on your company. However, you should also think about ways to prepare for potential future disasters.

Keep Your Company Informed

Your business cannot properly respond to a crisis if they are not informed about it. When you invest in forecasting tools such as Machine Learning software, you receive warnings about coming financial issues. These warnings allow you to brief your staff and develop a plan for when the problem arrives. Make sure to relay the information that you gain in a timely manner so that your employees do not think you are keeping secrets from them.

Prioritize Communication With Your Employees

Quick, reliable communication is key to spreading awareness and giving directions during an emergency. Make sure that all employees have a working company email address. Ask for their cell phone numbers and assure them that you will only call them if there is an emergency. All employees should also have a family member or friend listed as an emergency contact so that if you do not hear from someone during a crisis, you can check on them. Find out whether your employees have reliable Internet access and devices that will allow them to work from home if necessary. Finally, depending on the size of your company, you should consider developing a mass text alert system for company-wide emergency-related announcements.

Determine Your Company’s Essential Functions

What systems are critical to the survival of your company? You’re probably asking yourself this question now as you negotiate lay-offs and supply issues. You need to know what parts of your company absolutely have to continue and which ones are not important during an emergency. For example, if your company sells food, medication or other essential items, you should continue to operate within the guidelines provided by the federal government. As you make these decisions, keep in mind not only the success of your business but also the wellbeing and morale of your employees.

Times of crisis are stressful for everyone but particularly for people who are in leadership positions. As you deal with the issues caused by the pandemic, consider how you can prepare for future difficulties.

Popular posts like this

According to the latest B2B Content Marketing Report by CMI and MarketingProfs, 70% of B2B marketers produce more content than they did a year before. Due to information overload...
A SaaS company inherently refers to Software As A Service or a company that hosts an application. In doing so, you’re making this application available to interested users all...