Best practices for managing financials, communicating effectively and maintaining team morale during a crisis.
Crisis Management Webcast Series
Financial Management in Bear Markets
Sound financial management for advisory firms during a crisis is based on five key principles: Client retention is the number one priority. Anticipate and do not fall behind cash flow. Protect your vulnerable teammates. Make decisive and sufficient changes. And finally, look for opportunities during the recovery. In the first installment of the series, CEO Philip Palaveev discusses these principles and how G2 leadership can help their organizations and clients navigate the bear market during the COVID-19 pandemic.