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E.M.E.R.G.E. to recover

by The 100 Companies

Gambel Communications is getting ready to emerge from the COVID-19 pandemic while continuing to set up clients for success.

When New Orleans entered phase one in mid-May, my friend Tina Meilleur, an executive coach, coined E.M.E.R.G.E., identifying six steps to recovery:

• ESTIMATE what you require in revenues, resources and reserves to stay viable.

• MAP OUT gaps in those categories between pre-shutdown and your future viability estimates.

• EXPLORE several sets of assumptions.

• REFINE your assumptions to create two-three future scenarios to close gaps.

• GATHER details on your gap-closing plan.

• EXECUTE your new short-term plan based on most likely assumptions.

The process is fluid and should be modified to accommodate where you are. The bottom line?  Plan. Think ahead. Adjust.

– Betsie Gambel, Gambel Communications

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