Orion Management International LTD

Professional Investigations

 
 
 

     
    CRISES Fri May 16 2008

    A crisis poorly anticipated and handled does more to harm a company’s most valuable commodity, REPUTATION, than anything a competitor could or would do.

    Possible crises:

    • Layoffs
    • Lawsuits
    • Discrimination and/or harassment allegations
    • Rumors
    • Drop off in quality or an increase in defects
    • Financial problems
    • Government investigations
    • Strikes, boycotts, unionization
    • Loss of executives from accidents.
    • Threats from current or former employees of groups

    Prepare for potential crisis through planning:

    • Assess possible vulnerabilities
    • Take corrective action of assessed vulnerabilities to prevent or minimize
    • Develop a chain of communication
    • As a situation evolves, quickly identifying the potential for a crisis
    • Immediately obtain input from those most knowledgeable
    • Ensure that the crisis plan is in place and be flexible
    • Prepare for extensive crisis management

    Benefits

    • Positive recognition of the company
    • Demonstrated competence, leadership, honesty
    • Lasting relationships
    • Changes to ensure success and elimination of new crises

    Crisis mistakes

    • No advance plan
    • Not recognizing the crisis signs
    • Not communicating with everyone connected to the business
    • Not having prepared information packets
    • Not asking for the input of knowledgeable people
    • Not returning telephone calls
    • Not being flexible
    • Not being honest or to be misleading
    • “No comment”
    Posted in Orion ||

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