Dishonesty is a major crisis management no-no Last Friday, after the sudden resignation of its CEO, the chairman of local news website network Daily Voice sent all employees an email promising good news and big changes. However, upon arrival Monday morning, many of the excited employees were devastated to discover that the “good news” included …
Professional Development/
Organization Development
How to avoid a crisis of ownership Several legal spats have recently drawn attention to arguments between prominent social media users and their former employers in which both argue that they have rights to the followers and contacts gained via said accounts. On one hand, the accounts of employees are their own, where they connect …
No satire in social media crisis management from the kings of fake news The Onion is well known across the ‘net for lampooning, well, everything. Headlines on its front page right now include, “Republicans Reach Out To Women With New ‘No Punch Pretty Lady’ Bill” and “Bob Dylan Lays Off 2,000 Workers From Songwriting Factory.” …
Boards – In the last few years there has been a great deal of progress with governance – even for small organizations. Board members are taking this responsibility much more seriously and this is good news. Now what is also happening is that Boards are beginning to wake up to their responsibility for financial management and fundraising. They are connecting the dots…if you approve a budget you also need to ensure that the revenue is there to support that budget. And Behold! That often requires fundraising.
Second outbreak in as many months from Cardinal Meat Specialists As if the beef industry wasn’t in enough trouble with the entire horsemeat debacle, the Canadian Food Inspection Agency has confirmed that two people have contracted food poisoning, caused by E. coli, after eating frozen beef burgers. The company responsible for manufacturing the burgers, Cardinal …
While the term “impact investing” (or social capital) has garnered substantial attention in recent years, the more traditional field of microfinance, still by far the largest share of impact investments, gets less attention yet has decades of experience doing social capital. Here are a few of lessons from the micro finance sector worth reviewing as …
Fighting back with hardball crisis management after a negative review Tesla Motors is at the forefront of the electric car revolution, but a controversial review by the NY Times has created quite a bit of turbulence around the brand over the past couple of weeks. Basically, NY Times reviewer John Broder took the Tesla Model …