PwC's "Being prepared for the next crisis: The board’s role" identifies the primary building blocks and associated practical "to do's" associated with crisis preparedness that will both fulfill the board's oversight responsibilities and optimally position the company for damage mitigation and recovery.
The memo includes a checklist of the key elements of an effective crisis management plan, examples of board escalation triggers, the most common crisis management mistakes, a crisis post mortem analysis agenda, and relevant statistics from PwC's annual corporate directors surveys, which are among the many surveys posted on our Board/Governance Practices practical resources page.
Access additional resources on our Crisis Management page.
This post first appeared in the weekly Society Alert!