Page 122 - Harvard Business Review (November-December, 2017)
P. 122

JEFF GLUECK            WHAT I’M READING…

                                    I’m a big fan of the New Yorker’s long-  The Genesis Code, on genetic
        CEO OF                       form articles. You don’t find that kind of   engineering; Ratf**ked,
                                                                         about how gerrymandering
                                     coverage on Venezuela or Syria elsewhere.
        FOURSQUARE                   My wife gets Vanity Fair, so I sometimes   is distorting American
                                     turn to that for lighter reading and some   democracy; and Stirring It Up, a memoir by Gary
                                     incredible business journalism. Other   Hirshberg, the former CEO of Stonyfield Farm.
                                     favorite websites and newsletters include   I’d hoped to finish Alexander Hamilton, by Ron
                                     Business Insider, the Verge, TechCrunch,   Chernow, before I saw the musical Hamilton, but
                                         the New York Times, the Wall Street   I got through only three-quarters before the show.
                                            Journal, and the Skimm. I have a   Both are moving character studies that put you into
                                               few books on my nightstand:   the historical moment.




                                                               magine you were the        For many companies in such
                                                               person at BP headquarters   predicaments, the first call often
        SYNTHESIS                                              in 2010 who got the first   goes to a crisis management
                                                                                        consultant, or “fixer.” But
                                                               call: A drilling platform
                                                               in the Gulf of Mexico had
        LEADING, NOT MANAGING,                           Iexploded and sunk, killing    according to James Haggerty,
                                                                                        who specializes in this work,
                                                                                        if you’re caught so flat-footed
                                                           11 workers—and allowing oil to
        IN CRISIS                                          leak into the ocean at a rate of   that you need outside help
                                                           43 barrels a minute. What would
                                                                                        immediately, you’re already
                                                                                        behind. In Chief Crisis Officer,
                                                           you do? Which colleagues would
        BY DANIEL MCGINN                                   you convene, and which of the   he suggests that companies
                                                           myriad problems would you
                                                                                        take three preemptive steps:
                                                           address first? Would you put out   designate an insider who will
                                                           a press statement or a tweet or   manage any situation that might
                                                           send a spokesperson to the scene?   arise (not the CEO, but someone
                                                           Would your focus be on managing   trusted enough to make a big
                                                           the situation—or actually leading   decision—such as the CEO’s chief
                                                           the company through it?      of staff, an experienced PR hand,
                                                             Particularly in the age of   or an assistant general counsel);
                                                           Twitter, it’s more important   appoint a rapid response team to
                                                           than ever for organizations to   help that person; and give that
                                                           swiftly and adeptly respond to a   team some scenario training.
                                                           crisis—whether it’s a full-blown   Haggerty classifies crises
                                                           disaster or merely a disgruntled   according to their speed (an
                                                           customer’s tweet that’s starting   “exploding” crisis versus an
                                                           to spread. In surveys, executives   “unfolding,” slower-moving
                                                           now rank “reputation risks”   one, such as a big lawsuit),
                                                           among their top worries, largely   and examines nuts-and-bolts
                                                           because bad news travels so   issues, such as limiting media
                                                           much faster than it used to. A   access. His focus is tactical: He
                                                           Forbes headline, written after   argues that companies should
                                                           video of a passenger being   create a laminated, one-page
                                                           dragged off a plane went viral last   crisis playbook, similar to what
                                                           spring, succinctly sums up the   an NFL coach carries on the
                                                           danger: “How United Became    sidelines. Calling BP’s response
                                                           the World’s Most Hated Airline    to Deepwater Horizon “one of the
                                                           in One Day.”                 worst PR responses the world has





                                                                                               Chief Crisis Officer:   VALENTYN VOLKOV/ISTOCK; FREEPIK/FLATICON
                                                                                               Structure and
                                                                                               Leadership for Effective
                                                                                               Communications Response
                                                                                               James F. Haggerty
                                                                                               American Bar Association, 2017



        164  HARVARD BUSINESS REVIEW NOVEMBER–DECEMBER 2017
   117   118   119   120   121   122   123   124   125   126   127