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The article guides executives and their staff on how to respond to and manage a potential crisis as it is evolving.
Abstract
Purpose
The article guides executives and their staff on how to respond to and manage a potential crisis as it is evolving.
Design/methodology/approach
The article offers three sets of questions that executives can use to help them clarify what is happening and what the appropriate response should be in the event of a potential crisis.
Findings
Every crisis is a business problem before it is a communication problem. Effective crisis response pairs smart action with smart communication.
Practical implications
The more candidly we articulate the problem, the more likely we are to effectively address it.
Originality/value
Among the many valuable insights in this article are these three: (1) Trust is the consequence of fulfilled expectations. (2) Framing decisions in light of stakeholder expectations leads to smarter choices faster, and maintains stakeholder trust. (3) Effective crisis response begins with a timely demonstration of caring.
Details