Companies facing these kinds of reputation risks should take a proactive approach by establishing a crisis response strategy before trouble hits and making upfront investments in reputation management.
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Within hours, he was supervising a crisis-management strategy aimed at minimizing the damage to SIA's reputation.
The second prong of a crisis-resolution strategy must aim to boost banks' capital.
A-B InBev needs a transparent crisis-management strategy with determination, self-reliance and a degree of success that is particularly notable to the consumer.
If you do, there may be broader legal ramifications to consider--so be sure to run any serious crisis-management strategy by an in-house counsel.
My firm, Temin and Company, a boutique management consulting firm of 12 people, is focused on providing world-class marketing and media strategy, crisis and reputation management, thought leadership, and leadership communications (speaker and media) coaching.
More than one-third of directors reported their companies had taken steps to prepare for 2013 and the possibility of an economic crisis, including reassessing corporate strategy (47%), increasing cash reserves (34%) and postponing hiring decisions (27%), the NACD said in a press release Monday.
In other words, how do you build that into a strategy to manage the crisis?
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Yet creating a rigid "Europe of Rules" is exactly the German-led strategy for managing the crisis.
But the Conservatives have adopted a bipartisan strategy during the financial crisis when too critical an approach could have been seen as unpatriotic.
This program to address legacy loans and securities is part of an overall strategy to resolve the crisis as quickly and effectively as possible at least cost to the taxpayer.
The problem is Greece cannot compete or trade or produce its way out of this crisis during the Medium Term Fiscal Strategy: you get structural reform, but at the end a country that cannot borrow or pay its debts, only now its debts are bigger.
Mr Lagos's strategy may have contained the crisis for a while.
This argument justifies their strategy to solve the fiscal crisis by cranking up taxes on businesses and the top 5% of families, the implied recipients of this windfall.
We believe the company made significant gains in market share (and brand value) during the economic crisis, and could leverage its marketing strategy to life comparable store sales and grab additional market share.
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Randy Warren, chief investment officer at Pennsylvania-based Warren Financial, has also heard from high net-worth clients seeking a steadier ride in the wake of the financial crisis, and he uses a similar strategy of seeking out stocks paying strong dividends that have the wherewithal and discipline to keep delivering.
At the same time, the old adage that defense wins championships is less true in 2011 than it was in the halcyon days of Red Auerbach's dynastic Celtics of the 1960s--those days of yore when Fortune 500 companies could tell the mainstream media "no comment" when a crisis hit until they figured out their strategy days later.
Yet the Vatican still appears to lack a coherent strategy to cope with an escalating crisis that is perceived by outside observers as one of the most grave to have hit the Catholic Church in modern times, but that the Pope himself refuses to address in public except in the most general terms.
In its 36-page complaint, filed in federal court in Brooklyn, the SEC claims that Ribotsky lied to investors in his AJW family of hedge funds to hide the fact that its PIPE trading strategy was failing during the financial crisis, falsely telling investors that he could liquidate all his PIPE investments within 48 months.
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Because a sound long term strategy is the only path out of crisis.
He has openly challenged the German strategy for tackling Europe's debt crisis.
As important as the step we take today is, this legislation represents only the first part of the broad strategy we need to address our economic crisis.
As the eurozone's two biggest economies - and biggest contributors to its bailout funds - Germany and France are key decision-makers over the strategy supposed to pull Europe out of crisis.
After the crisis was it put the focus back on risk management strategy and investments that were liquid could be used in some other manner.
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The recent financial crisis showed us all how a buy-and-hold strategy will decimate your wealth.
But Mr Adams said the British Government lacked both a strategy and the urgency required to deal with the crisis.
As the drought continues, the Administration will actively implement its longer-term strategy for assessing and managing the effects of the crisis.
The company has been attacked for not only its inability to solve the ongoing safety crisis, but also its lack of transparency and inconsistent communication strategy.
"The Security Council encourages the international community to provide support to resolve the crisis in Mali and the Sahel region based on an integrated strategy for immediate and long term needs, encompassing security, development and humanitarian issues, " the council statement read.
Most Tory MPs also realise that a block-the-fire-station blackmail strategy, unleashed at the height of a global economic crisis, is risky.
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