It’s been over a year since the Fukushima nuclear accident, and two years since the Deepwater Horizon oil spill. The financial crisis that led to the Great Recession unfolded almost four years ago. And, unbelieveably, over a decade has passed since the tragedy of 9/11. It is human nature, and the nature of time and memory, for these events to recede in the mind as they recede into history. But for businesses, knowing when to expend time and effort preventing — and planning responses to — low probability, high consequence events is now, more than ever, one of the hardest and most important risk management problems to address.
Debating Disaster in Order to Prepare for It
It’s been over a year since the Fukushima nuclear accident, and two years since the Deepwater Horizon oil spill. The financial crisis that led to the Great Recession unfolded almost four years ago. And, unbelieveably, over a decade has passed since the tragedy of 9/11. It is human nature, and the nature of time and […]
August 03, 2012
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New!
HBR Learning
Crisis Management Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Crisis Management. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Learn how to manage uncertainty, dispel rumors, and help your team recover.