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Financial crises happen to even the best organizations. It is important to contain the crisis as quickly as possible so that a constructive solution can be developed and implemented. Communication with stakeholders and careful, rational analysis are perhaps even more important than any financial actions you can take. A good crisis response has operational, financial, communication, and governance components. After all, you want to learn from this experience and make your organization even stronger than it was before the crisis.
How we help
Allen Proctor Consulting is a calm, experienced advisor who can be at your side as you work through a financial crisis. We have inventories and checklists of quick actions that can contain the crisis while we work with you to evaluate the causes of the crisis and identify potential remedies. Skilled in business analysis and strategy development, we can build on the strengths in your organization to help you to assemble an action plan that repairs the damage without compromising your mission and your priorities.
Buying time to implement a solution may require temporary financing which we can help you to evaluate. Equally important, the reputation of your organization is a critical factor in your future effectiveness. We are experienced in working in an objective and constructive way with the media and your key constituencies to maintain public awareness and support of your efforts to move beyond this crisis.
A crisis is an opportunity to reevaluate the structure of your organization by asking why a problem grew into a crisis and probing how to prevent a similar crisis from recurring. We will help you to thoroughly analyze your situation, your decision-making process, and your mission priorities to identify options that will allow you to continue in your mission. We will then help you to retain the confidence of your key constituencies by working with you to communicate your solution and your commitment to get back quickly on your feet.
We provide a range of services that are committed to bringing best practices into the board room and making finances understandable. Click on this link to see our clients describe how we have helped.
For other ideas on how to effectively utilize your board, please click on the links above for Seminars & Workshops and Resources & Publications.
The Role of Allen Proctor Consulting
As Allen Proctor Consulting works with organizations to evaluate financial condition, identify options and strategies, and build reporting and decision-making structures, it cannot and should not take the place of an engaged board or full-time financial staff. Rather, Allen Proctor Consulting provides the strategy for a sustainable financial future, readies the board and management to undertake the strategy, and "coaches" those responsible for implementing the strategy. The ultimate success of any financial strategy will depend upon effective communication of the goals and justification for your strategy with donors, staff, clients and patrons, and especially the media.
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