
- Accept and identify the crisis
- Fulfil the need for strong, decisive leadership and centralised control
- Set up a small senior crisis management team
- Implement the suspension of all capital expenditure
- Prune down all other non-essential recurrent expenditure
- Communicate honestly and clearly to all staff about the prevailing situation
- Ensure the crisis management team meets often to review the situation and progress
- Carefully explore and evaluate all possible survival strategies (income generation and cost management) and implement only those having a quick return
- Manage cash flows
- Accept and identify the crisis
- Fulfil the need for strong, decisive leadership and centralised control
- Set up a small senior crisis management team
- Implement the suspension of all capital expenditure
- Prune down all other non-essential recurrent expenditure
- Communicate honestly and clearly to all regarding the prevailing situation
- Ensure the crisis management team meets often to review the situation and progress
- Explore and evaluate carefully all possible survival strategies (income generation and cost management) and implement only those having a quick return
- Manage cash flow