Rapid, careful, consistent response critical in corporate crisis management, says Emekekwue
November 12, 2021453 views0 comments
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Important for retaining shareholder value
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Crisis inevitable, but timely information provides data-driven response
Emekekwue said a corporate crisis can be one of the most difficult situations to navigate, and if not quickly resolved, can disrupt operations, damage the corporate entity’s reputation, destroy shareholder value, and trigger other threats.
But as the corporate crisis manager finds out, with proper preparations the crisis can be surmounted.
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While the company did not handle the crisis effectively, Osadolor credited the building’s structural engineering consultant company, which promptly issued a press release stating that they had previously withdrawn their services, since they could no longer guarantee the integrity of the current structure.
The seminar was moderated by Marcel Mbamalu the editor-in-chief and publisher of Prime Business Africa.