Special Situations are just that: They are events that happen outside of the normal course of your business.
All businesses need to be prepared when “business as usual” is not the “usual”, including plant disasters, employee and shareholder disputes, corporate executive misconduct or malfeasance and major news stories that could cast an unfavorable light on your business and affect your reputation, stock price and employee moral.
Intelligent Management Inc. has considerable experience in developing Special Situations programs, also known as Crisis Management Systems.
We can help you develop a comprehensive framework including :
- Establishing the organizational structure to your business to effectively manage Special Situations
- Helping to identify the right team members to respond comprehensively when a Special Situation occurs
- Providing training, briefing books and other resources
- Conducting quarterly scenarios with your Special Situations Team to ensure they are fully prepared when an event arises that is outside of the normal course of business.
The military conducts training exercises and simulations because military leaders understand that while training cannot duplicate the environment of combat, training and simulations can identify weaknesses and vulnerabilities and ultimately help military personnel when they are in true combat situations.
Business leaders can learn from this model: Build systems, prepare and then train frequently so that you are as prepared as you can be when a major issue occurs.
Please watch the following three part video series in which Intelligent Management Inc. President Joshua Slavitt discusses how to develop and respond to Special Situations.
Three Part Series on Special Situations Planning (Crisis Management)
Part 1: Why All Companies Should Have A Special Situations Process
Part 2: How Should A Company Structure Its Special Situations Process?
Part 3: The Importance of Ongoing Training and Scenario Planning As Part Of A Special Situations Process