The last few months have seen a lot of so-called risk-management strategies fall by the wayside, as businesses have scrambled to cope with unimaginable upheavals in supply chains and consumer habits brought about by COVID-19. What’s the best way to cope with a crisis?
The first piece of advice is old as the hills: Don’t panic. You might think you have the right tactics and strategies in place, but in the real world you’re likely to be blindsided by a disaster, whether it’s a pandemic, political insurrection or social media firestorm.
Once you’ve taken a deep breath, what do you do next? Read this report today for five recommended steps toward calming the supply-chain madness.
