Crisis Longevity in the Digital Age
What if the very forces that magnify a crisis in the public eye—namely round-the-clock news and social media—also hasten its disappearance from collective memory? In this paper, we weave together real-time market data, in-depth media analysis, and established crisis communication frameworks to reveal how rapid, high-stakes corporate scandals can flare up and then fade more quickly than ever before. Yet beneath the surface, reputational damage still lingers, placing a premium on strategic, transparent communication. By examining case studies across industries and crisis types, we uncover why today’s information overload might shorten a crisis’s most dramatic phase even as it requires organizations to work harder and longer to rebuild trust.
Best Practice & Key Takeaways: Crisis Longevity in the Digital Age
Best Practice & Key Takeaways from the combined quantitative and qualitative analyses of corporate crises examined in the paper “Crisis Longevity in the Digital Age”.
Family Business in Crisis
Family businesses are uniquely positioned in the economy but face distinct challenges in crisis situations. This paper explores how proactive crisis prevention, including succession planning, governance structures, and effective communication, can help family businesses navigate complex situations, particularly during crises like the COVID-19 pandemic. Actionable insights and recommendations are offered to ensure resilience and continuity.