7 Questions to Ask About Your Organization's Readiness for the Corona Virus Crisis
The Corona Virus is presenting virtually all organizations with unforeseen challenges. Is your organization ready to meet them? Here are 7 questions to ask:
2) Have you developed the right set of planning scenarios? It’s essential to create a set of crisis scenarios that guide the development and execution of response plans. In the case of the Wuhan Corona Virus, this should include scenarios concerning potential impacts on customers, suppliers, facilities, and employees. This need not be an exhaustive list of everything that possibly could happen, but it should represent a broad range of potential emergency situations that your organization plausibly could face, for example an outbreak in a company facility or the closure of a key supplier's factory.
Michael Watkins has spent the past two decades working with leaders, both corporate and public, as they transition to new roles, negotiate the future of their organizations, and craft their legacy as leaders. A recognized expert in his field, he ranked among Thinkers50’s top fifty management influencers globally in 2019. He is the best-selling author of The First 90 Days, Updated and Expanded: Proven Strategies for Getting Up to Speed Faster and Smarter, the globally acknowledged handbook for leadership and career transitions, which recently earned the accolade of Amazon’s Top 100 Leadership Books. He is Professor of Leadership and Organizational Change at the IMD Business School in Switzerland and previously served on the faculty at INSEAD and Harvard University, where he earned his PhD in Decision Sciences.