Working together to emerge stronger
A crisis situation can disrupt operations, damage reputations, destroy shareholder value, and trigger other threats to the business. This makes it more important than ever for business leaders to anticipate and plan for the the impact of crisis on business. The more prepared a business is to manage shocks, the less likely it will fall victim to wide-spread crisis.
It's not a matter of if a crisis will hit, it's a matter of when. In 2019, 95% of respondents to our Global Crisis Survey told us they expected to experience a crisis in the next two years.
Then COVID-19 emerged - spreading across the globe, disrupting health and businesses in a way the world has not seen in a century.
PwC has learned from the COVID-19 pandemic and other crises is that the way in which business leaders prepare for and respond to these disruptive events can determine how well they recover and ultimately, their ability to emerge stronger.
It's important for companies to bring the crisis under control by quickly mobilising a crisis response plan, stablise business operations, and strategise for the future. The PwC Global Crisis Centre can support you through these critical waves of response and assemble multidisciplinary specialists across the PwC network to help you emerge stronger.
Kristin Rivera, PwC's Global Crisis Centre Leader discusses how we have helped organisations respond to the impacts of COVID-19. | Duration - 01:11
We know that the COVID-19 pandemic can impact every part of your business, and can impact each sector and each company differently.
Not sure where you stand? Assess the potential impact to your business and gauge your readiness to respond with PwC’s COVID-19 Navigator.