Crisis Management Forms Part of Publicly-Traded Company’s ERM
This important publicly-traded corporation established a crisis management system as part of its comprehensive Enterprise Risk Management (ERM) framework. This system included a detailed crisis plan regularly reviewed and tested, a one page summary available through mobile technology for easy reference and quick action from any location, and a clear definition as to what constitutes a crisis. The plan included plausible extreme scenarios, also known as Black Swans.
