Business crises are inevitable. They are a fact of life in business. But still, most organisations are either completely or partially unprepared.
Business crises don't just come as floods, cyclones, fires, or other natural disasters.
The COVID 19 pandemic certainly taught us that.
But what if your best employee leaves? You get divorced? A family tragedy happens?
Will your business be able to survive?
Research shows that 40 percent of small businesses never reopen after a disaster, and another 25 percent, that do reopen, fail within a year. 90% will fail within 2 years.
But the companies with a plan do much better.*
How it works
Answer 20 questions to see how prepared you, and your business, are to face a business crisis.
You’ll be scored against the following key areas:
Your knowledge of risk
In simple terms, risk is the possibility of something bad happening. How much do you know about assessing risk in your business?
Your current readiness
Have you thought about what what type of things could happen, and done something about them?
Your plan
If you do have a plan, what are you doing with it?
Why take this quiz?
I’m sure you are familiar with the 'fight or flight response' to a danger. We experience an adreneline rush so we have the power to either fight the threatening thing, or run away - fast.
It is a primitive and powerful survival reaction.
There is a third reaction - freeze. Our brains sometimes choose to freeze when we are completely overwhelmed with fear. We become paralysed. And that's what can happen when we face a business crisis.
2020 saw the biggest disruption to our businesses, communities and lives for decades. But the coronavirus pandemic followed close on the heels of the Australian bushfires, the resources industry crash, massive floods, the Global Financial Crisis…
By taking the quiz, you can gain peace of mind knowing that you have done everything you can to prepare your business for a potential crisis. This can help you focus on running your business with confidence and resilience.
It’s free and only takes 2 minutes
Uncover your crisis preparation strengths
and weaknesses
