Are you ready for the next crisis?

The world hasn’t become any more predictable even as we settle down from the shocks brought on by the pandemic. The next crisis may be just on the horizon, but we won’t necessarily be able to see it or identify it as it approaches. While there are no magic glasses or crystal balls that make it easier to focus on the future of your industry, there are things you can do to prepare for the unknown.

Ask yourself the following questions to evaluate your readiness for crisis:

1. What is the structure of our decision-making process?

In a crisis, your company needs to be both agile and coordinated. It is important to have the right structures in place and to act quickly. To do this effectively, you need a centralized decision-making process. This ensures fewer inconsistencies across the company as you react to changes because…