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September 24, 2012

Crisis management

I read an interesting article in Forbes where an entire top two levels of the management team (50 persons) died in a plane crash. The article mentions how the new CEO addressed the issue and brought the company back into its tracks. Now this was not a chemical manufacturing company, but just imagine if the same thing had happened in a chemical manufacturing organization. Many companies do have strict travel rules for its top management to avoid this exact possibility, but in India, there is an inevitability about "fate" and often these rules are flouted.
Does your crisis management plan address these issues?
Read the article in this link.

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