OUTRIGGER Delivers A Business Continuity Plan to Support Struggling Businesses During the COVID-19 Pandemic
Businesses are facing extreme survival challenges amid the Coronavirus outbreak and forced to make difficult decisions going forward
Companies who were planning for growth just weeks ago are now faced with bankruptcy, overwhelmed and making brash decisions to either furlough employees, conduct mass layoffs, defer vendor payments, and/or closing their doors forever. The government stimulus packages are not enough to sustain a once thriving business on the brink of bankruptcy.
OUTRIGGER ADVISORY GROUP is providing a Business Continuity Plan which follows their Core Business System encompassing Leadership, Culture, Structure, and Innovation. Within this core process is their Business Continuity Plan with a 4-step process.
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Business Continuity Plan: 4-Step Process:
- Analyze the Situation
- Create A Strategy
- Implementation
- Evaluate & Measure
The free business continuity template at https://businesscontinuityplan.outriggeradvisorygroup.com/
allows team leaders to plan for their next steps during a crisis.
During a time of crisis, the leader may go into panic mode. They will be frantically researching options to cut expenses, drive promotions, or may sit and wait hoping it passes quickly. They are documenting processes, cross-training staff, and analyzing their most viable resources such as human capital and technology. They are challenged with a mandated remote workforce and need to develop urgent processes for telecommunication. They are realizing the risks of a swift transition to working remotely and with data breaches and technology requirements.
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