Handling Emergencies
In the process of enterprise development, emergencies are unavoidable, and emergencies are also fatal. If handled improperly, it will take time and effort to affect business development, and in serious cases, it will hurt the muscles and bones, or even lead to bankruptcy.
Whether you worry about it or not, accidents will happen. For enterprises, the best way to deal with emergencies is not to be calm in the face of danger and deal with it decisively, but to have a plan and procedures, and once it happens, handle it according to the plan.
Charlie Munger once mentioned in “Poor Charlie’s Almanack”: He spent his whole life collecting cases of business failures to gain experience from them. He also heard a senior entrepreneur say that entrepreneurship is filling pits with the wind. Filling pits yourself is certainly impressive, but not all pits need to be stepped on by yourself. If you learn from the pits that others have stepped on, it is also a success. Therefore, dealing with emergencies has become an exhaustive question. The more emergencies an enterprise exhausts in advance during the development process, the more resilient it is to disasters.
Here are a few common situations:
Force Majeure
Force majeure includes natural disasters such as floods, heavy rains, earthquakes, epidemics, and wars, nuclear leaks, etc. In peacetime, the most likely encounter is natural disasters. In the face of natural disasters, individuals and enterprises are insignificant. For example, in the heavy rain last summer, all the tea in the Jiangsu Tea Firm was soaked in water. In the heavy rain in Zhengzhou on July 18 this year, the liquor of liquor distributors was washed away. Every year, agricultural greenhouses of growers are attacked by hail and heavy rain… Such natural disasters cannot be avoided even if they can be predicted. The best way for enterprises to face natural disasters is to purchase corresponding insurance in advance, transfer property before the disaster comes, and ensure personnel safety when the disaster occurs. Insurance is something that any enterprise should buy. Property insurance, life insurance, and accident insurance must all be bought. The role of insurance cannot be overemphasized.
Casualty Accidents
Employees may encounter casualty accidents during commuting, operation and construction, and even daily work. Casualty accidents are major losses and huge pains for individuals, families, and enterprises. When a casualty accident occurs, the first thing to do is to save the dying and heal the wounded, and minimize the loss. Secondly, from the perspective of humanitarian relief, give the greatest care and help to the families of the casualties. Third, properly handle the aftermath within the scope of reasonableness, legality, and ability to bear.
Business Disputes
Business disputes for enterprises are like quarrels between couples, which are daily compulsory courses. Especially after the enterprise grows bigger and there are more suppliers and customers, various business disputes will always arise. Business disputes may not necessarily cause much loss, but they will definitely involve the company’s energy. At this time, a capable legal team is needed to deal with various disputes. Facing business disputes, the most fearful thing is that the person in charge of the company or the person in charge of the business does not understand the law and deals with things self-righteously. In the end, it may be counterproductive and make things worse.
Published at: Jul 24, 2021 · Modified at: Jan 14, 2026
