Crisis Alert – When 'IT' Hits the Fan!

 

In the intensely fast-changing, ultra competitive, economically 
upside down new world that we live in, one thing you can 
guarantee is that you will have a crisis of some kind every 
few months.

A family crisis, a business or financial crisis, a health scare crisis
or a have-a-word-with-yourself personal crisis.

Here are some effective and practical ways to manage whatever 
crisis happens, fast. It's not about what happens to you that 
defines your life – it is how you handle the situation – 
you know that, right?

 

1. Take control & p e r s o n a l responsibility immediately:

When things start to fly, there are 5 things you should do:

  1. Take personal responsibility for the crisis. Even if it isn't
    your fault, the only way to sort out a problem is to be 
    responsible for it – that way you can control it
  2. Stop the hemorrhage. Damage limitation control. Put every stop
    loss in place to protect the downside. Preserve cash and further
    wastage at all costs.
  3. Fact find. Get all the information from all the relevant parties. 
    Speak to the key players, be unbiased and find out exactly 
    how big the beast is you are dealing with.
  4. Create the solution and solve the crisis. Think only about 
    solutions and do NOT dwell on the problems. What can you
    proactively do right now to get to the new empowering outcome?
  5. Be goal and action focused. Be focused. Think of the 
    next steps in advance. Make decisions. Any decision
    is better than no decision

2. See the future – think ahead:

In business spiel, this is “crisis anticipation.” Anticipate future problems 
by looking 3 – 12 months ahead. What can you see that could negatively 
impact you? This isn't just a business exercise; entrepreneurs, world
and military leaders and highly organised individuals are good at this too.

3. If all else fails: Plan C [Your back up plan]:

What's your contingency for the crisis/emergency? What actions would 
you take, at what point, in what order – what is most urgent? 
What's your rehearsed fire-drill? I bet the bankers wished they
had created a plan detailing a strategy for the recession.

 
4. Crisis Prevention:

A crisis should only be a one off unexpected event. If the crisis occurs 
consistently, especially with finances, then the problems go deeper. 
To avoid recurring nightmares, once the problem is solved, undertake 
a thorough debriefing on the situation. WTF happened? How? 
What did I learn? How do I ensure it doesn't happen again? 

5. To know and not to do is not to know: do something NOW

What are the 3 worst things that could happen in each important 
area of your life in the next 12 months? We're not asking you to 
dig bunkers and buy up all the cans of beans in Tesco's, but it 
certainly will help you solve any big problems in advance, or at 
least be ready and waiting with your 16 blade Swiss army knife 😉

In true Scouts fashion: be prepared 

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