Challenges Federal Agencies And Companies Can Face When Confronted By A Crisis

Challenges Federal Agencies And Companies Can Face When Confronted By A Crisis

Just because a company or government agency did not have a crisis today, there’s no guarantee they won’t have a crisis tomorrow.

Paul Washington is the executive director of The Conference Board’s Environmental, Social & Governance Center. In this episode, he discusses the challenges, issues, and obstacles organizations can face when confronted by a crisis.

Quotes

Crisis management is part of the broader picture of organizational resilience. - Paul

Business continuity planning is essential to continue operation during a crisis. - Paul

One of the biggest challenges that we're facing and we've all been experiencing lately are that crises are occurring simultaneously. They are interconnected.- Paul

Featured Guest in this episode

Paul Washington

Executive Director, The Conference Board’s Environmental, Social, & Governance Center

Linkedin:https://www.linkedin.com/in/pfwashington

Chapters

00:00 Introduction

01:03 Paul’s background

01:40 CEO’s preparedness gap in Crisis management

04:01 Type of crisis on the report

04:46 Companies vs Federal agency in handling crisis

06:22 Handling internal crisis

07:28 Lessons from private and government sectors

09:14 Steps on doing post-crisis investigation

12:25 FEMA’s crisis management

14:23 Challenges of private and federal agencies during crisis

16:23 Preparedness of companies in America

18:29 Importance of simulation and drills

19:51 Mitigating the risk of crisis

21:27 New crisis that will emerge in the future

23:20 Final takeaways from the guest

24:00 Outro

Produced by Heartcast Media

www.heartcastmedia.com

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Avsnitt(152)

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