Slackness in Crisis Readiness Continues

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By: Doug Bedell

A perennial warning is voiced again, this time from an Australian crisis communication practitioner: Many companies aren't prepared for handling crises well. Tony Jacques cites a research report in IR Magazine in noting that only two thirds of companies worldwide have crisis plans in place and only half of those conduct crisis simulation exercises. Further, the IR report notes that "North America is the most crisis prone region."

If you want ammunition for beefing up your organization's crisis preparedness, we refer you to Tony Jacques' post and the IR Magazine report, which was released in June and is based on a survey of investor relations professionals worldwide. And always remember: Crisis plans untested through regular drills aren't worth very much.

(The Crisis Management art with this post is from a Forbes post on crisis management in social media.)

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About the Author

Doug Bedell has a background in journalism and PR and is the owner of Resource Relations LLC in Central PA, focusing on organizational and crisis communication. He’s the community manager of SimplyFair.net, a social network on fairness. On the Web, Doug’s at www.ResourceRelations.com. On Twitter, he’s @DougBeetle.

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