Leading companies through storms and crisis

Cierva, Yago de la

Companies, even excellent companies, can find themselves embroiled in crises that threaten their reputation, the achievement of results, relationships with priority stakeholders, and even their survival. As they face the threat of serious damage, the way managers react to such crises is adversely affected by the urgency of the situation, emotional tensions, and uncontrolled behaviors, both within and outside the organization. During a crisis, it is more difficult to make the right decisions. Solving serious crises always involves measures of two kinds: action that focuses on the effects of the crisis on people and things, as well as addressing the causes of the crisis; and the communication of these actions