Monday, June 7, 2010

2010: What will be the Patterns and their Implications ?

Crisis Leadership : Seven Strategies of Strength

A Crisis is an extreme event that may threaten your very existence. At the very least, it causes substantial injuries, deaths and financial costs, as well as serious damage to your brand or reputation. Yet, those individuals and organizations that have successfully weathered major crises have learned the major lessons that crises have to teach, and they have emerged even stronger and better than they were before.

Unfortunately, most executives are prepared at best for limited crises, mainly fires and natural disasters. A few organizations may even be prepared for direct threats to their core business, such as food contamination or product tampering, but even this situation is not common. Furthermore, those businesses that do prepare for such crises are doing so mainly in their primary industries, as in the food and pharmaceutical industries.

In the book , why some companies Emerge Stronger and Better from a Crisis, Ian Mitroff presents seven essential challenges that all organizations need to face and overcome if they are to survive today’s threats. In meeting and overcoming these challenges, successful crisis leaders have learned, even if they have not completely mastered , seven essential lessons. Learning these lessons can help you to anticipate, plan for, and survive the crises that are an evitable part of life and business.

Seven Essential Lessons:

1.Right Heart.
2.Right Thinking.
3.Right Soul.
4.Right Social and Political Skills.
5.Right Technical Skills.
6.Right Integration.
7.Right Transfer.

Crisis leadership is not just good for business-the economic bottom line-it is also good for the existential, emotional, and spiritual bottom line. No person, business, organization, institution, or society can survive for long without crisis leadership.