Tag: exxon valdez

Crisis Management Reflections on the Gulf Oil Spill

Watching executives from British Petroleum, Transocean and Halliburton testify before Congress about the Gulf oil spill on Tuesday reminded me of the cardinal rules of leading through a crisis. Unfortunately, it looks like the BP-TO-HB trio never got the memo. There are two rules to follow in a crisis. Rule number one is this: Protect …

How to Get Out of a Corporate Financial Crisis

It is inevitable that you will at some point in your career face a situation that requires extraordinary courage under fire. For Citigroup, the world’s largest financial services company, that time is now. So far, the response is not impressive.