What Are The First Steps A Business Should Do In A Crisis
0. Setup a war room. Make sure that your board and executives meet on regular basis. Communicate extensively. Then, focus on the following:
1. Be decisive. 2. Preserve cash. 3. Act with all stakeholders in mind. 4. Emerge on the right side of history. 5. Play to win the next season 6. Don't trade in the future, think long-term.
People
On this episode
- When Did Brian Chesky Realize That Covid19 Was Hitting Travel Hard Transcript
- What Are The First Steps A Business Should Do In A Crisis Transcript
- How Can You Make Sound Decision When Everything Is Failing Transcript
- Why Did Airbnb Need To Lay People Off Despite A New Round Of Funding Transcript
You might also like
- What Is A Typical Pattern That Happens To Startups In Crisis
- How Should A Leader Communicate In A Crisis