Strategy, liquidity, earnings: a company crisis can have various causes. Well-established crisis compliance shows the right steps to take in the individual situation. The risk of a crisis has increased significantly in recent years and more recently against the backdrop of the pandemic and the Ukraine war – even for seasoned companies. Moreover, in times of numerous high-profile corporate scandals, the liability claims of boards for misconduct have come into focus. Against this background, crisis compliance management is currently experiencing a strong upswing.
A few days ago, in a customer project, we met the new head of corporate communications, who has been in charge of this important department for a few weeks now.
From an initial small talk, let’s call the sympathetic lady Mrs. Wilhelm, she came to talk about her experiences with short-time work. The description from her point of view was so impressive that we did not want to keep it to ourselves.
… and how that can be prevented with active account management!
Many companies are not aware that account management is the reflection of the company’s overall situation.
In difficult times – such as a tense overall economic situation – this can be a downfall. But: it doesn’t have to be that way if you pay attention to details.
Stay in control of your trade and preserve financing options!