How To Turn A Crisis Into An Opportunity
How To Turn A Crisis Into An Opportunity: Insight From Judy Smith, The Woman Who Inspired ABC’s “Scandal”
By: Susan Karlin
1) Acknowledge your weaknesses Carefully weigh getting involved in things in which you lack expertise.
2) Know your industry’s weaknesses Certain crises are likely to happen in given industries--like recalls for consumer products. Prepare an advance game plan and a solid execution strategy for these potential mishaps.
3) Maintain good internal communication Some issues and problems can be sorted out before they reach a crisis level.
4) Have a plan of attack If you or your company fall into a crisis, own up to your issues and face the reality of your situation, be honest and transparent, act decisively to begin to remedy the situation, and have in place a strategy to rehabilitate the brand.
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