Continuous dialogue with shareholders
Understand what they are thinking
Corporte preparedness
Self/independent assessment of strategy
Be ready for options proposed by activists
Plan for initial response
Have manual ready in advance
Good corporate governance
Monitor directors' performance, other commuitments etc.
Monitor shareholder register
Know who is on the register
Be alert
Monitor for early warning signs
Sounding out
Continue to sound out other shareholders (and stakeholders)
Board communication and unity
Clear lines of communiction
Use of legal tools
Know your options and consider tactics
Engage with (and know) the activist
Establish tone and approach at outset
Media strategy is key
Confidentiality (or lack of) and other restrictions
Remain focused on the business
Don't take your eyes off the ball
Corporate engagement
