How to handle a business crisis
A highly competitive, volatile global marketplace is a double-edged sword, providing great opportunities for growth while presenting abundant sources of risk. Unpredictable and unwelcome events, either internal or external, can negatively impact even the most stable businesses.
A crisis can trigger serious problems, including declining earnings, liquidity and cash-flow shortfalls. Lack of confidence and pressure from stakeholders, suppliers and customers, as well as regulatory scrutiny, demoralization of staff and reputational damage are also major concerns. A delayed or limited response to these issues can be extremely damaging to your business.
If This is Your Situation
- You are concerned about short-term cash flow and financial obligations.
- You are continually receiving pressure from vendors
- You are losing revenues from valuable technology and intellectual property
- You are investigating a fraud or whistleblower allegation
- You are falling short of market expectations
- Your credit rating is in jeopardy of being downgraded
- You are facing a litigation or class action law suit
How PwC can help you
Whatever the difficulty your company faces, PwCs' global network of crisis management specialists can work with you to successfully resolve these issues.
Expert support, combined with prompt, critical action, is the key to neutralising the effects of a crisis. Properly identifying and addressing the causes of adverse circumstances are equally important in mitigating the risks at large.
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