Business Response Plan: Created By: Nora Ghaoui, Veridia Consulting

You might also like

Download as pdf or txt
Download as pdf or txt
You are on page 1of 1

BUSINESS RESPONSE PLAN

1 Legal & Regulatory Changes


What do the current containment measures mean for your company?
Which activities can you continue and which ones stop?
Are there areas where new regulations create opportunities?

2 Customer Availability & Needs


Which customers can you still serve, perhaps remotely?
What do customers need now? Can you provide help in those areas?
Can you switch to online ordering and delivery?

3
Employee Availability & Headcount
Can your employees work remotely to collaborate and serve customers?
How many and what type of employees do you need now?
How can you support employees that are not needed now?
Areas of attention

4
Product Availability & Offering
Which products have more demand and which have less?
Can you manufacture and deliver products remotely?
Can you create new products that meet current customer needs?

5
IT Systems Capacity & Reliability
Can your IT systems provide enough capacity for remote working?
Are your critical operational and financial systems running reliably?
Are your systems secured against cyberattacks?

6
Cash Flow & Financial Management
What is your cash position, and how long can you support it?
Which revenue streams are likely to stop, and for how long?
Which costs can you reduce, delay or renegotiate?

7
Strategic Partners & Collaborators
Are your suppliers able to deliver? If not, what are your alternatives?
What do your partners need from you? What do you need from them?
Are there other companies that you can work with to help each other?

8
Decision-Making & Governance
How are you making urgent and critical decisions?
How are you communicating with your board and investors?
How are you managing your risk response plans?

Created by: Nora Ghaoui, Veridia Consulting


Information is provided as-is, with no guarantee of any particular outcome as a result of using it
For additional help and contact information, please see http://www.veridia.nl
© Veridia Consulting 2020
Icons created by fjstudio, srip, surang, Eucalyp, linector, Freepik at www.flaticon.com

You might also like