Being prepared for the next crisis: The board’s role
Companies are being battered by all types of crises, and they have to be ready for when the next one comes along. Directors can help by digging into the crisis preparedness plan and pushing for improvements.
Boards will want to ensure that management is ready to handle a crisis—before, during, and after it occurs—whatever the crisis event might be. Here, we’ll cover the key areas that should be addressed when considering your company’s preparedness.
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