Minimizing the impact of a crisis
Managers' specific responsibilities in crisis communication
Practical sheet REF: FIC1850 V1
Minimizing the impact of a crisis
Managers' specific responsibilities in crisis communication

Authors : Pierre MONGIN, Laurent DELHALLE

Publication date: October 10, 2024 | Lire en français

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1. Minimizing the impact of a crisis

A crisis usually has several impacts: a drop in customer confidence, financial losses, a deterioration in reputation, a drop in employee morale, regulatory and legal problems, disruption of business operations, a deterioration in relations with business partners, a loss of part of the growth potential.

1.1 How can we minimize these impacts?

The first step is to acknowledge the existence of the crisis and assume responsibility for it in the eyes of public opinion and stakeholders. Secondly, once the likely consequences of the crisis have been identified, put in place a plan to respond quickly and effectively to the crisis, with the necessary resources.

To avoid losing the trust of stakeholders, a communication plan must be put in place...

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