Tag: crisis management
Succession planning in the spotlight amid ‘genuine shock’ of PM’s illness
Succession planning is fraught with difficulty at the best of times. But seeing Boris Johnson laid low is a stark reminder to boards of its importance.
Board leadership and culture will be a differentiator in this crisis
Calm, clear, decisive, empathetic, motivational and realistic leadership will be required—and we will all be judged on how we step up.
Boards must harness tension to succeed in a time of disruption
Boards need to learn to look inward and harness “positive tension” to avoid becoming dysfunctional during a crisis.
Stakeholder accountability at risk from the Covid-19 crisis
The current crisis is putting the concept of stakeholder accountability under strain. But experts warn that businesses will be judged on how they respond.
Leaders in crisis: why teamwork is the way forward
Many leaders admit to lacking confidence in a crisis. Training, teamwork and a supportive board can make all the difference.
Covid-19 is a new systemic risk. What are the implications for governance?
A long-term perspective—and a grounding in ethics and values more generally—should guide both investor and board responses.
Covid-19: UK business institutions and advisers set out likely impact
The Bank of England, the Treasury, regulators and professional bodies have been issuing assessments and advice regarding the ongoing coronavirus crisis.
Crisis management: the key to a sound corporate reputation
Risk monitoring and detailed contingency planning can help a firm with a reputation under fire, but boards looking ahead by a decade or more are the leaders best placed to see off existential threats.
Coping without a CEO
The sudden departure of a CEO, such as the exit of Antony Jenkins from Barclays, can leave an organisation bereft. What is the role of non-executives when no one appears to be at the helm?
Insurer stress tests ‘do not go far enough’
Insurer Hiscox warns that planned regulatory measures for stress tests should include a detailed dry run.