The overall number of business crises were down significantly in 2009, and more in line with the years 2000 and 2004, but that did not mean it was a less tumultuous year, according to the 2009 Crisis Report issueed by the Institute of Crisis Management, Louisville, Ky.
The year began with the beheading of a Chinese student at Virginia Tech University. Followed by the economic crisis, with all its subsequent stories – Madoff, Goldman Sachs, AIG, Lehman Brothers, big and small bank failures, upheaval in top management, outlandish multi-million dollar bonuses to heads of failing companies, and more. Industrial accidents and natural disasters sent many businesses into crises around the globe.
You can get the report at The Institue of Crisis Management – http://www.crisisconsultant.com
– Dr. Darryl