Dealing with crisis

The ebbs and flows of business are cyclical. Global economic turbulence or not, the enduring risks posed by forces like market downturns, competitive pressures, missed opportunities, strategic blunders, cyber criminals or structural events are inherent to the trade. And they make contingency plans indispensable. Doing without a blueprint for recovery or restructuring is a gamble.

Business setbacks bring underperformance, declining earnings, and liquidity and cash-flow blockages. But they rarely emerge overnight. Many can be predicted and, in some cases, averted or even reversed. But in any case, early detection and swift, decisive action are critical to reduce the disruption to your business and avoid regulatory investigations. Advance preparation is essential to restoring performance and value, protecting your company’s assets and reputation, and keeping the business intact.

In order to anticipate and mitigate the risk of a crisis occurring you’ll need to:

  • Understand what drives the market and your sector
  • Identify what your competitive pressures are
  • Research missed opportunities and the value you could have added to your business
  • Identify the threats to your business such as economic crime and disputes
  • Investigate current issues before they escalate
  • Monitor your risks and ensure they are managed appropriately
  • Quickly gather information to progress any investigation
  • Be prepared to meet requirements to preserve and disclose information to litigants or regulators Create a plan for recovery
  • Put policies and processes in place to minimise the likelihood of a similar crisis happening again
  • Implement the right technology and security to protect your data
  • Reduce your exposure and improve your defences against cyber threats
  • Protect your organisations’ assets

When you work with us to deal with your crisis we can help you:

  • Prevent issues arising in the first place by advising you up front
  • Restructure your operations or finances
  • Manage stakeholders
  • Simplify your corporate structure
  • Review your business with a more independent lens
  • Improve your working capital management
  • Resolve transaction and shareholder disputes
  • Investigate threats to your business
  • Manage any cyber breach; ensuring you can identify and respond to breaches and get to the root cause so you reduce the impact of future attacks
  • Embed the right behaviours to take your business forward
  • Gather and analyse current and historical data across multiple systems

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