Why Some Companies Emerge Stronger And Better From A Crisis

Ian I Mitroff

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Do your company and employees have the necessary "IQ" not only to withstand a crisis but also come through it with strength and confidence?

Like many companies over the last few years, yours has probably done a great deal to reassess its physical, strategic, and financial vulnerabilities. However, there is a huge difference between business continuity planning and true crisis management. Ian Mitroff outlines seven distinct competencies your organization needs to handle crises effectively:

  • Right Heart (emotional IQ): By accepting crisis as an inevitability, you can process much of the shock and grief beforehand, and avoid making the effects of the crisis even worse through an unconstructive response.
  • Right Thinking (creative IQ): "Crises don’t care about the ways in which we have organized the world," so out-of-the-box thinking is essential.
  • Right Social and Political IQ: Understand that your business is subject not only to the pitfalls of its industry, but to the universal and complex challenges that threaten all companies.
  • Right Integration (integrative IQ): Realize that crises are perceived differently by different stakeholders, and are never simple "exercises" that can be "solved." Identify and reconcile these perceptions now so that the path is clear when the crisis strikes.
  • Right Technical IQ: "Think like a controlled paranoid" to uncover ways in which malicious forces could cause a crisis in your company. Question every assumption about what is "normal," "impossible," or "absurd."
  • Right Aesthetic IQ: Reconsider the classic design of the corporation, which is meant to address problems as they arise, and move toward one in which crisis management is an overarching discipline on a par with, for example, finance.
  • Spiritual IQ: Reject the notion that people’s physical, mental, and spiritual beings are completely separate; and establish ahead of time why our work is, and must remain, important to us on many different levels.

Although crisis management has taken on new urgency in recent turbulent times, the need for careful planning did not originate on September 11, 2001. Mitroff’s examples, drawn from interviews conducted both before and after the 2001 attacks during his 25 years of experience, demonstrate the need for action -- and offer a blueprint for taking it.

What will you learn from this book

  1. Adaptive Leadership: The importance of adaptable and resilient leadership in responding effectively to crises and guiding the organization through uncertainty.

  2. Crisis Preparedness: The significance of having robust crisis management plans and protocols in place before a crisis occurs.

  3. Effective Communication: The role of transparent and timely communication with stakeholders to maintain trust and manage the crisis effectively.

  4. Agile Decision-Making: Strategies for making quick yet informed decisions during high-pressure situations.

  5. Innovation and Creativity: Leveraging innovation and creative thinking to find novel solutions and opportunities amidst crises.

  6. Learning and Adaptation: Embracing a learning mindset, analyzing lessons from crises, and implementing necessary changes for future resilience.

  7. Employee Well-being: Prioritizing the well-being and support of employees during and after a crisis to maintain morale and productivity.

  8. Stakeholder Engagement: Engaging stakeholders, customers, and the community in the recovery process, fostering collaboration and support.

  9. Responsible Governance: The role of ethical and responsible governance in crisis response, ensuring accountability and integrity in actions.

  10. Strategic Planning for Recovery: Developing and executing recovery plans that not only address immediate challenges but also position the company for long-term growth.

Language English
ISBN-10 0814413277
ISBN-13 9780814413272
No of pages 238
Font Size Medium
Book Publisher Amacom
Published Date 04 May 2018

About Author

Author : Ian I Mitroff

2 Books

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