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Crisis management in the boardroom

Covid-19 has reinforced the importance of such a framework to help firms navigate through tough times.

Boards can play a role by requiring management to plan for simulations and report learning outcomes.

THROUGHOUT history, businesses have had to weather crises in many forms. Some are firm specific, such as the 2019 Johnson & Johnson baby powder recall after the US Food and Drug Administration discovered traces of asbestos in the product. Others are more industry specific, such as the Libor...

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