Crisis management
The success of any organization rests firmly on its reputation, especially during times of crisis. Investigate an unsuccessful examples of crisis management such as Ford, Exxon, BP, Japan’s nuclear reactors, Toyota, RIM (Research in Motion) or Apple’s iPhone. What did they do wrong? What should they have done to address the crisis more effectively? Why was this a missed opportunity to bolster sustainability?
Sample Answer
Unsuccessful Crisis Management Examples:
Here’s a breakdown of some unsuccessful crisis management situations and how they could have been handled better:
1. BP Deepwater Horizon Oil Spill (2010):
- What Went Wrong: BP initially downplayed the severity of the spill, attempted media manipulation, and communication was slow and inconsistent.
- What They Should Have Done: Take immediate responsibility, prioritize environmental cleanup, and communicate transparently with the public and stakeholders.
- Missed Opportunity: A chance to become a leader in sustainable oil drilling practices and environmental restoration was lost.