About Board and Fraud

Board and Fraud is a blog that aims to bring a practical approach to issues facing the board of directors and the audit committee specifically in the area of governance, risk management, compliance, and internal audit, with a strong focus on fraud, ethics, and internal controls.

Phorensically Speaking Podcast Series – Crisis Management!

Some boards of directors and executive leadership teams are not able to deal with crisis effectively! Learn why?
Dedicated to all the Firefighters who put themselves on the line each and every day!

Some of the biggest mistakes made when handling a crisis are not dealing with the problem head on, thoughtless or insincere comments, lack of communication with stakeholders, unprepared spokespeople, getting defensive after receiving backlash, or, sitting back and letting the problem grow. Domino’s, Sony, Samsung, BP, United Airlines, Equifax, KFC, are all good examples of companies who stumbled with crisis management. Organizations should study these crises and learn from the mistakes!

In this podcast I provide an overview of crisis management and its elements – prepare, respond, contain, recover, and remediate. I also discuss the board of directors role.

Click here to listen to the podcast!

Best,

Jonathan T. Marks, CPA, CFE

Accompanying blog post is here.

Please follow and like us:

Articles You Might Like

Share This Article

Share on facebook
Share on twitter
Share on linkedin
Share on tumblr

More Stories

%d bloggers like this:
Skip to toolbar