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BACKGROUND
As a reminder, some major crises include: Johnson
& Johnson (Tylenol); Proctor & Gamble (Tampon toxic shock); Union
Carbide (Toxic Chemicals); Three Mile Island (Nuclear); Hurricane Katrina; Exxon
(Valdez Oil Spill); the 2008 Financial Meltdown (and also many prior Market
crashes), and many recently, the BP (Oil Spill).
THE BP CRISIS
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Various strategies were attemptedto stem the daily multi-thousand
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but were largely ineffective and responsiveness was “too little; past too far.”
BP tried multiple strategies to capping the well and stopping the oil flow.
Approaches termed: “Top Kill,”:riser package cap,” “replacing a ‘blowout’
preventer,” plus a long term “relief well” is within progress (“BP Begins…New
Strategy…”Bloomberg, May 30, 2010). To date, nothing has
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“Crisis Management” can be a leadership
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companies can be severely, perhaps irreparably, damaged if your event, public
perception, and restorative actions are mishandled. The classic strategies for
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