“It is vital to have a crisis communication plan.” That is according to Brent Feigenbaum, managing director of marketing communication at Hunt Mortgage Group. In the exclusive commentary below, he says that while crisis communications are situational, it is key to have a plan before an event occurs to establish certain protocols including a crisis committee represented by various departments within the organization.
The views expressed in the column below are Feigenbaum's own.
A work “crisis” in business takes many forms –a large and highly visible deal you've been working on for months falls to pieces; a senior executive leaves or is fired; there's a serious accident – or death—at one of your facilities and the local news crew is on their way. As the point person for communications, you need to figure out what to do next. What needs to be managed? Who needs to know and how much do they need to know? Your actions could cause legal repercussions and implicate the firm if not handled correctly.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.