2. Crisis Intervention and Scenarios

Fast action is important for survival. The foundations for the correct actions are developed based on forecasts and scenarios. All risk-mitigation and cost-optimization options are verified, prepared, and communicated to the management and team members.

 

Liquidity simulation

Simulation of V-, U-, and L-shaped scenarios based on the risk assessment, support programs, and industry- and country-specific crisis development/forecasts.
→ Range of coverage is transparent!

Application to reduce working hours

Filing of an application to reduce employee hours in accordance with Federal Employment Agency specifications.
→ Option to reduce hours is ensured!

Application for support programs

Checking of support programs for businesses (finance, grants, tax relief) and early application for them where relevant.
→ Support programs are utilized early on!

Determine cost savings

Determination of the required cost savings based on the scenarios from the liquidity simulation.
→ Target values defined!

Implementation of anti-infective measures

Establishment and implementation of immediate measures to protect the business’ employees.
→ Health protection established!

Working and management models

Structuring of the organization so that it is able to work (telecommuting, remote workstations). Adaptation of management duties to the new prevailing conditions.
→ Ability to work is ensured!

Communication

The cascade and content of communication is defined in order to give employees confidence and show them the path out of the crisis. The corporate communication is launched.
→ Information provides confidence!