Andrew Griffin details six principles for ensuring that your organization is truly crisis ready.
Most of the work done in the name of crisis management is in fact crisis preparedness. “Are you ready to face the worst?” is a question that boards ask, regulators ask, governments ask and investors ask. They want to know that an organization and its senior management are in an advanced state of crisis preparedness. This article looks at how an organization can become ‘crisis ready’.
1. Preparing policy
Principle: Crisis management is a distinct component of an organization’s wider resilience framework.
Crisis management policy should explain how the organization thinks about and prepares for crises as a distinct component of a wider resilience framework.