The Truth About the Board’s Role in Crisis Management

If you’ve been around long enough, you know it’s just a matter of time before your company faces a crisis. It’s inevitable. What is the board’s role?

The board’s role in a crisis is significant – but yet, it’s a drop in the bucket compared to what management has to do.

Here are 5 things about the board’s role in crisis management you should know:

• Can’t have plans because each one is different
• Ensure management is on top of risks
• The board’s strategic planning can assist
• Different board committees take the lead on different risks
• Once in crisis, workload is a bear

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