With an ongoing series of multi-million dollar disasters, who knows when your organization might fall victim also. Consider my article How To Prevent Your Company From Becoming Another BP, which Australia’s Best Building, Construction and Mining (article link below) has allowed me to share.
Many feel that BP’s response to the oil spill is a textbook case for businesses to follow in what not to do in times of a crisis. They committed severe risk-assessment, contingency-planning, and crisis-response mistakes and exposed themselves to billions of dollars in clean-up costs and lawsuits.
Businesses should learn from this example and not make the following 7 critical mistakes:
- Underestimating the chances of major or catastrophic risks:
- Lacked tested and effective contingency plans:
- Failure to immediately accept accountability and responsibility instead of trying to pass the blame:
- Meeting only the required legal minimums instead of doing the right thing:
- Not demonstrating leadership and vision when action is finally taken:
- Sacrificing the latest technologies and safety systems to budgetary constraints:
- Not providing accurate and timely information to those working in the field
For fuller description of these points and a seven step emergency plan for dealing with more information,
The full article is available below