Are You Ready for What Lies Just Around the Corner?

When a business is under pressure, its leaders’ actions are subject to heightened scrutiny.The iQ 360 Recession Toolkit helps businesses prepare to manage the risks arising from an economic downturn.

Avoid Chaos and Rushed Decisions

An economic downturn could force layoffs, diminished benefits, production cutbacks, slower customer response times, reduced charitable giving, tight-fisted treatment of suppliers and other painful measures. The positioning of these undertakings and the plan for communicating them throughout the process should be established now, in advance, to avoid chaos and rushed decisions. This will allow companies to act swiftly, if necessary, with risk and resiliency thoughtfully balanced to protect the company’s reputation, culture and workforce loyalty.

Looming Challenges and Setbacks

Revenue declines

Budget cuts

Staff reductions

Strategic realignment

Customer defections

Competitive vulnerability

Shareholder lawsuits

Labor disputes

Setbacks in ESG and diversity, equity and inclusion initiatives

iQ 360 Recession Toolkit

Prepare yourself and your team to address recession challenges before it’s too late. Our toolkit of services includes:

Business risk identification and analysis

Scenario planning

Change communication skills workshops and/or individual coaching for people managers

“Pivot planning” to identify and seize new opportunities through a downturn

Change communication playbooks

Purpose-driven mission statement development to maintain organizational alignment and engagement

“It takes 20 years to build a reputation and five minutes to ruin it.”

Warren Buffet

Protect Yourself Today

Are you ready for what lies just around the corner? Contact our team to fortify your business’ future.