03/26/2024
Yesterday, I talked with Forbes about Boeing's CEO departure and the poor way the company has handled his tenure.
Every company needs a crisis communications plan. Whether you sell widgets, run a services company, or are one of the largest airplane manufacturers in the world, the "what ifs" always have to be on your mind. Having a plan to fall back on when chaos strikes will determine how well your company is viewed when the dust settles.
It can be a tough call for boards of directors to know when to make leadership changes at companies that are in the midst of dealing with one or more crisis situations.