On Thursday 1st October 2020, WA Communications Director, Lee Findell, hosted a webinar exploring to plan and communicate during a business restructuring process.
The business support measures introduced by the government as we went into lockdown were unprecedented, but with these support schemes beginning to unwind over the Autumn, many businesses are facing difficult decisions on their future structure and are preparing for potentially difficult discussions with employees, suppliers, customers, regulators and policymakers.
Lee was joined by Greg Palfrey, National Head of Restructuring at Smith & Williamson, and Chair of the ICAEW Restructuring Insolvency & Advisory Group who provided advice for businesses that are looking to restructure and the top things they should be considering during this time.
Poppy Trowbridge, former Sky News businesses correspondent and special adviser to Phillip Hammond when he was Chancellor of the Exchequer, provided insights on how businesses will need to communicate with government policymakers and the media as they undertake restructuring and change.
Finally, WA Communications’ Sarah Gullo provided some tips on effective communications during a business restructuring to ensure the process goes as smoothly as possible.
Watch a recording of the webinar: