Crisis management in Crisis and Resilience
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A new Standard in crisis management calls for a more strategic approach to the discipline. PD CEN/TS 17091 “Crisis Management – Building a Strategic Capability” is a refinement and expansion of a previous British Standard (BS 11200:2014 Crisis management, Guidance and good practice) and a welcome intervention designed to help organisations develop this important capability.
The past year has cemented crises as an unavoidable part of the modern business, political and regulatory landscape. The Grenfell Tower tragedy led to national outrage at public and private sector failures, while natural disasters rocked North and Central America with Hurricane Irma and earthquakes in Mexico. Cyber-attacks continue to disrupt organisations and internal scandals pulled global businesses into the limelight for all the wrong reasons.
The largest and growing threat to corporate value and executive reputation is a crisis. And they seem to be happening with increasing regularity.
Heightened geopolitical risk, cyber fragility and social media amplify uncertainty than ever, increasing the chances of any organisation experiencing a crisis or related event. Societal changes in the USA, random acts of terror, the rise of nationalism in Europe – reflected in Catalonia and elections across the continent – reflect a fragmenting social mood exacerbated by other factors, economic, financial, cyber-attacks, corporate misdeed, the fall of icons in the media or politics as well a company specific high-impact operational and technological failures.