How you prepare in advance determines if small business owners can navigate crisis successfully. Learn how you can prepare yourself for crisis.
Preparation is Key to Managing Crisis for Small Business Owners
Posted by AngelBiz under ManagementFrom http://www.smallbizviewpoints.com 3877 days ago
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3876 days ago
3876 days ago
3876 days ago
In addition to some of the points I raised in the post here are some additional tips. I believe you need to take 3-step approach 1) Assess 2) Plan 3) Execute. Do a through assessment / audit of your potential vulnerabilities. This needs to include technical, financial, operational and personnel aspects. In the second step document a plan to address these vulnerabilities. In the final step work with internal and external stakeholders to take pre-emptive steps to address them. You will be able to fix some of them and need to have action plan documented to address others when crisis arises.