Crises and disasters can interrupt your business, put employees and others in danger, and cost your company money. Worse, experts estimate that 40 percent of businesses that don't have a crisis management plan go out of business after a major loss.
The best way to handle financial, public-relations, strategic and natural threats is to follow the Boy Scout motto: Be prepared. Create an effective response-and-recovery plan before crises happen. Here's what you'll need:
The best contacts and resources to help you get it done
Know your risks
The first step in creating a crisis management plan is clarifying which risks your company faces. Then you can plan accordingly.
I recommend: The Hartford Financial Services Group Inc. offers a Web seminar,
"Surviving Beyond Disaster," to help companies assess risks and create a 10-step plan. Visit the Small Business Administration site for an overview of what to include in a
crisis management plan.
Include technology in your plan
Use your Web site to tell customers how the company is responding. Voice mail can offer alternative ways of contacting the person handling media requests – e-mail, cell phone or pager. Email and cell-phone "trees" can get the word to employees.
I recommend: Use
Yahoo! Groups to set up an off-site closed discussion for your employees, where you can answer their questions and give them updates, and they can share concerns.
Protect your data
Consider keeping paper-based vital records off-site or where they're easily accessible, or know where they'll be taken if they must be relocated. Back up digital data at least once a week, and store it in Underwriters Laboratories-listed records containers or remotely.
I recommend: Iron Mountain Digital is one of many companies offering remote backup protection for PCs and servers.
See what's coming
Many companies use information from clipping services to help track problems and changes in the business environment. Traditionally, such services watched only print and broadcast media, but many now also search for information on the Web.
I recommend: BurrellesLuce, more than a century old, offers wide coverage of media and analyses aimed at keeping customers on top of industry trends.
Hire an expert planner
A complex business may pose more intricacies than a crisis-management team alone can foresee. If that's the case, who you gonna call? A crisis management company.
I recommend: Check this
beginner's guide to hiring a crisis management company plus a directory of companies.