3. Key benchmarks for crisis management
Crisis is a runaway phenomenon that destabilizes organizations and their leaders. As we have seen, there are now many factors of vulnerability that are conducive to crises, and their multiplication has created a situation of social distrust that lowers the threshold for triggering crises. However, there is no such thing as fatality, and failure is not inevitable. There can be no ready-made recipe, since every situation and every company has its own specificities. But there are a few intangible principles that can serve as guidelines. The guiding principle of management must be to win and keep the trust of all stakeholders.
Once we recognize that a crisis is a social and not just a technical concept, and that it is the way in which...
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Key benchmarks for crisis management