Financial Crisis Management

In any company or organization, a financial crisis is a potential risk to public relations and general public opinion. If an organization is not prepared, it could mean the end of the company or years of attempting to recover from the tarnished reputation.

At Tucker/Hall, we can minimize fallout experienced from companies who face financial crises. As a crisis management firm, one of our main goals is to minimize the duration and reach of a crisis.

When you speak with a consultant at Tucker/Hall, the first action taken is to identify any signs of stress that are already showing. Identifying vulnerabilities will lead to either risk mitigation or the development of a recovery plan from the exposure of the financial crisis. Depending on the stage of the situation, we may be able to prevent it from entering the media or spreading to public knowledge.

A financial crisis management plan will often encompass many scenarios. After discussing with your leadership team and gathering information, we will develop a plan for communicating during a potential or current financial crises. This will include a communication plan for how the public should be addressed, and the information that will need to be disclosed.  In addition, we will create a crisis management team trained to react to these situations properly.

When managing a financial crisis, it is especially important for the executive team and company leadership to be able to focus on the bottom line. By bringing in a crisis management team from Tucker/Hall, you will have an experience communications team in your corner. Proactively navigating a financial crisis can mean the crisis does not escalate further, and that will allow you to focus on the turnaround of your organization.

If you would like to learn more, or if you have any specific questions about the financial crisis communications management services offered by Tucker/Hall, please feel free contact Darren Richards at 813.228.0652 or via email at drichards@tuckerhall.com.