By Lynsey Barry, Managing Director of Berkeley Communications
We are currently all living through unprecedented and unsettling times. With Coronavirus deemed the most challenging crisis since World War Two, the value of clear communications is more important than ever. As business professionals, we manage risk all of the time. But, in my experience, a worrying number of organisations don’t consider crisis communications an essential part of their business continuity, which can be devastating for the longevity of a business.
Although developing a crisis communications strategy might seem complex, it can be surprisingly straightforward. It’s also essential to have a plan in place before the situation escalates.
Are you crisis communications ready?
The idea that crisis communications is only for big, publicly-listed companies is just plain wrong.
Yes, they tend to be under greater scrutiny and their size means there’s more scope for things to go wrong. But issues, including the coronavirus, can affect every business and that warrants preparing a solid plan.
Smaller businesses might not have access to the same advice or financial resources as their larger counterparts, but their size is a massive advantage.
They can move quickly and respond to incidents in a timely manner, keeping customers regularly updated and informed of the steps being taken. There aren’t multiple layers in the response approvals process which means they can act almost immediately when needed. This is especially valuable during the current crisis, with parameters changing day by day, and even hour by hour.
Using that agility at a time of crisis can be a huge advantage. Using it to formulate a proactive plan ahead of time shows smart thinking.
Common misconceptions about crisis communications
All businesses experience issues on a regular basis. Some will be more significant than others. But by no means should every issue be treated as a crisis. It will exhaust you and your team and keep you from focusing on making your company a success. You should be very clear about how the two differ, when an issue can become a crisis, and the processes through which you manage them.
Silence is golden
Failure to communicate in a crisis immediately suggests a lack of control or an attempt to obscure the truth. When the eyes of the media are on your organisation, they will poke and prod to find a hint of a story. Any suggestion that you’re attempting to close a story down, rather than sharing information to help explain, puts your business at a disadvantage.
Communication will fix the crisis
This is absolutely, unequivocally not the case. As with all great communication, it has to be based on substance. Simply saying something without following up with decisive action will exacerbate the situation. Communication can mitigate the impact of a crisis, but your operations have to be seen to be reacting to the crisis.
Crisis communications is complicated and difficult
It’s not. It boils down to a common sense approach; key stakeholders working closely and with a clear, consistent message. For a well organised business, crisis communications is seamless.
How to get started
Responding to a crisis effectively can be difficult, especially if you’ve never experienced one before. Following these steps will make life a little bit easier:
- Prioritise high-risk areas: You can’t plan for every eventuality, no matter what size business you are. Instead, focus on where you’re most exposed and tier the issues in terms of their potential severity.
- Be proactive: Don’t let the media – or your competitors – drive the discussion. Don’t leave a vacuum. Get ahead of the narrative as quickly as possible.
- Be adaptable: Being flexible, accurate and timely with any external communications is crucial, particularly in the midst of fast-moving situations like the coronavirus outbreak. Doing nothing is not an option. Try and update those who need updating on a daily basis and have a fluid response plan that can be adapted easily as needed.
- Say the same thing everywhere: With so many different channels of communication available today, consistency matters. Yes, you can adapt the tone for the channel if needed, but make sure there is a consistent message throughout media relations, social and digital channels and customer service teams. Every touchpoint has to be aligned.
- Put a process in place: Develop, test and establish a watertight process to ensure that everything works like clockwork when the time comes. From centralising contact details for all key stakeholders (PR, social, customer service, spokespeople, execs etc) to creating decision trees. Even knowing your enquiry handling rules and SLAs for responses. Make sure staff know what is expected of them and what they should or shouldn’t be doing or saying.
- Learn from the mistakes of others: There’s no shortage of examples of high-profile companies failing spectacularly at crisis management. Take note of what they did wrong – and what they did right – and learn from it.
Failure to prepare or taking a conscious decision to not activate a crisis communications plan is as good as preparing to fail, and can frustrate your customers and the public even further. We must never forget that in this instance, the coronavirus is a humanitarian issue, and the potential it has to directly impact individuals; members of our team, the wider business as well as, of course, our own personal networks. Every message, both internal and external, should therefore show empathy for those affected directly and indirectly. By doing this, you will be in the best possible position to weather this continuing storm and sail on to sunnier days.
Wanda Rich has been the Editor-in-Chief of Global Banking & Finance Review since 2011, playing a pivotal role in shaping the publication’s content and direction. Under her leadership, the magazine has expanded its global reach and established itself as a trusted source of information and analysis across various financial sectors. She is known for conducting exclusive interviews with industry leaders and oversees the Global Banking & Finance Awards, which recognize innovation and leadership in finance. In addition to Global Banking & Finance Review, Wanda also serves as editor for numerous other platforms, including Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune.