buildling2.jpg
 
HOMEEVENTSCONTACTLOGOS BLOGLOGOS INSTITUTE
What is a Crisis?
button-news
Logos Institute Blog
Home
What is a Crisis? Print E-mail

What is a crisis?
What is Crisis Management?

1. A crucial or decisive point or situation; a turning point.

2. An unstable condition, as in political. social, or economic affiars, involving an impending abrupt or decisive change.

3. A sudden change in the course of a disease or fever, toward either improvement or deterioration.

4. An emotionally stressful event or traumatic change in a person's life.

5. A point in a story or drama when a conflict reaches its highest tension and must be resolved.*

 
  info-pub For a business enterprise, a crisis is any event that threatens its reputation, operations or assets. What all crisis events have in common is that they represent a crucial turning point for leadership and decision-making in an organization.
 

We have advised our clients on, and helped them manage through, a wide variety of crisis events—including:

  • Sudden changes in corporate governance
  • Contests for corporate control
  • CEO succession
  • Management turmoil
  • Financial malfeasance
  • Corporate litigation and class action litigation
  • Criminal investigations, indictments, and convictions of key executives
  • Regulatory investigation and sanctions by SEC, FDA, US Attorney, state attorneys general, banking and insurance regulators
  • Stock market activity and shareholder activism
  • Hostile takeover defense, mergers, acquisitions, recapitalizations
  • Accounting irregularities, changes in accounting treatment, financial restatements
  • Product safety issues, product failures, and recalls
  • Bankruptcy, financial restructurings
  • Labor unrest
  • Attack by consumer activists, gadflies, determined adversaries, and attention-seekers
  • Workplace issues including allegations of racial discrimination and sexual harassment
  • Natural disasters
  • Special events vulnerabilities
  • Terrorist attacks
  • Foreign Corrupt Practices Act concerns
  • Business ethics, corporate responsibility, corporate human rights, and compliance
  • Intellectual property disputes
  • Workplace violence and fatalities
  • Advertising and marketing mis-steps and mishaps, and   endorsement by controversial celebrities
  • Violation of securities laws, Regulation FD
  • Technology failures
  • Embedded journalists and combat visibility

*Source: The American Heritage Dictionary of the English Language, Fourth Edition, 2000, by Houghton Miflin Company.

 
Copyright © 2008 - Logos Consulting Group