In our experience, it helps to think of a crisis in terms of “primary threats” (the interrelated legal, technical, operational, and financial challenges that form the core of the crisis) and “secondary threats” (reactions by key stakeholders to primary threats). Ultimately, the organization will not begin its recovery until the primary threats are addressed, but addressing the secondary threats early on will help the organization buy time.
Content: Quotation
Authors: Mihir Mysore, Sanjay Kalavar
Source: McKinsey Quarterly
Subjects: Management, Risk Management
Authors: Mihir Mysore, Sanjay Kalavar
Source: McKinsey Quarterly
Subjects: Management, Risk Management
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