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Credit Union Times: CU Crisis Planning Essential

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Boggs said it’s important for executives to discuss different crisis communications scenarios and practice executing the plan through simulations. Trying to communicate a crisis without a plan is like trying to float a boat with holes. You developed a crisis communications plan?’ By Peter Strozniak.

Crisis 60
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What Is Crisis Management And Why Its Important?


Here are some examples: Theft : If your business has experienced theft of inventory or equipment, you have experienced a crisis. You will also have to pay for things such as insurance deductibles and additional security. Fire : If your business has experienced a fire, you have experienced a crisis.