Monthly Archives: October 2013

BP’s bottom line decimated by crisis it handled poorly

British Petroleum would have taken a major hit for its Deepwater Horizon mess in the Gulf of Mexico if it weren’t that bad. But since company leaders butchered it from the first drop, the results are frankly eye-popping and devastating. … Continue reading

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Barneys finds itself in such hot water from social media it, gasp, comments on litigation

What happened between sales and security people at Barneys’ flagship Manhattan store and college student Trayon Christian is for the lawyers to decide. But Barneys was so wary of the horrible publicity that it broke the commonly used rule that … Continue reading

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Shutdown ‘crisis’ ends, debt default ‘crisis’ avoided — mostly for yawns

It’s over. Or, it’s postponed to 2014. Or, as the recent hot clich√© has it, the can is kicked down the road to a new deadline in 2014. The huge, historic, hysterical Armageddon of government shutdown and debt default ended … Continue reading

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Jamie Dimon shows building reputation is like saving for a rainy day

Your company sets aside $23 billion to pay government fines and legal fees. Media from every platform worth skin in the game¬†demand the CEO’s firing. Objective observers say the company’s “compliance failures are egregious and systemic.” But if you are … Continue reading

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Deloitte study shows growing primacy of crisis risk for companies

Deloitte released a study late last week affirming why crisis preparation and risk management need to be major considerations for C-level executives in 2013. Company reputation and the fallout from reputational damage are the No. 1 strategic risk for large … Continue reading

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Week Two: Is government shutdown a crisis yet? No, but its genesis is known

Just when you thought it was safe to skip reading daily newspapers altogether, The New York Times brought us an early Halloween present yesterday in explaining how the current federal government shutdown actually began: Back from the dead came Reagan … Continue reading

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Bad year for Tesla, and it might be getting worse as stock follows reputational crash

Tesla Motors seems to have promise for its advanced electric cars with projected sales this year of 14,500 vehicles. But it hasn’t been easy and the company may be in its worst crisis yet. If there’s any doubt about the … Continue reading

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