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SME Development Series | Responsible Retrenchment & Crisis Management (Talk)

About The Event

Seminar Room 2.5, Level 2, Lee Kong Chian School of Business

The COVID-19 pandemic has severely affected the labour market, with the overall unemployment rate rising to its highest in just over a decade.

In these times, companies may be faced with the difficult decision to conduct retrenchments. As an SME, how would you approach retrenchment? How do you ensure that the process is conducted responsibly and thoughtfully, with empathy for the situation of all those affected?

Join UOB-SMU, Elitez & Associates, and RHT GRACE Institute, on Friday, 19th March from 2 – 4pm, for this frank, face-to-face (literally!) discussions and learn about:

·         Alternatives to Retrenchment

·         Responsible Retrenchment

·         What to do when it hits the fan?

Venue: Seminar Room 2.5, Level 2, Lee Kong Chian School of Business, Singapore Management University, 50 Stamford Road, Singapore 178899

Fees: Complimentary

Seats are limited to 40 pax due to social distancing measures.

Click on the link to secure your place: https://usaei.smu.edu.sg/sme-development-series?trumbaEmbed=view%3Devent%26eventid%3D150970182

Register Now

 

Sessions and Speakers

Session I : Responsible Retrenchment for SMEs
By Mr Eugene Chua, Elitez & Associates Pte Ltd

The COVID-19 pandemic has severely affected the labour market, with the overall unemployment rate rising to its highest in just over a decade. In these times, companies may be faced with the difficult decision to conduct retrenchments. As an SME, how would you approach retrenchment? How do you ensure that the process is conducted responsibly and thoughtfully, with empathy for the situation of all those affected?

Click here for more information

Session II : “What do you say and do when it hits the fan?” – A Primer on Crisis Management and Communication
By Mr EI Lee, RHT Communications and Investor Relations

Many a time, crisis happens when we least expect it.  And when it happens, we need to address many things concurrently: Rectify the issue, inform and update staff, explain to relevant authorities, make public announcements, assuage concerns of customers and other stakeholders, address media queries, etc. Having a crisis management and crisis communications plan before any crisis happens will help you better response to a crisis, communicate the right messages and avoid saying the wrong things.

Click here for more information