How To Avoid Blame In The Aftermath Of A Crisis
- Topics:
- Contingency Planning
- Tags:
- Accounting,
- Crisis,
- Crisis Management International,
- Finance,
- Financial Services,
- Operational Accounting
- Source:
- Crisis Management International
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Overview: When a crisis hits, the severity of the consequences escalates if blame is directed towards you. Whether it is a workplace shooting, environmental damage, accounting scandal or an "act of God" like a tornado, nobody in business intentionally courts disasters. In fact, responsible companies and managers take pains to avoid them and, since events can never be fully controlled, they must prepare strategic responses for when they happen. However, regardless of the actual causes of and liabilities for a crisis, whenever one occurs people look around for someone to blame. Should a crisis hit the company whether or not are actually at fault still must be ready to defuse and minimize the potential for blame.
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Format: HTML | Date: Apr 2003 | Pages: 1
