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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?

Last week, we ran a series of short virtual events to help our members do just that. Below you will find an overview of the sessions and videos of the talks.

Finances

On Wednesday morning, we were joined by Mark Horsfield and Peter Hedgethorne from Plus Accounting who 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

On Thursday morning we were joined by Alex Morrison, Founder and MD of digital media agency Cogapp, to learn 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

And Thursday afternoon, 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.

A big thank you to all our speakers for taking the time to join us!

You can check our Events Calendar for information about upcoming events we have planned. You can also join our community Slack Group to connect with other members.

About the author

Kieron Cropper

Hi, I'm Head of Member Services at Wired Sussex. I help our members get the most from their membership, whether that’s the benefits of joining or you’re an existing member in need of advice.

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