On this episode of the Managing Uncertainty podcast, Bryan Strawser, Principal & Chief Executive at Bryghtpath, illuminates the critical role the Board of Directors plays in crisis management.
As the principal authority, the Board not only shapes crisis management but also establishes the tone at the top. Bryan delves into their strategic approach and policies that guide an organization in preparing for, responding to, and recovering from crises. They are pivotal in ensuring that comprehensive crisis management, business continuity, and crisis communication plans are not just in place but also regularly revisited and updated.
Throughout our discussion, Bryan outlines seven key responsibilities of the Board in crisis management: governance and oversight, strategy and policy setting, resource allocation, risk assessment and management, crisis response and leadership, communication and stakeholder management, and learning and development.
Bryan explores how these roles play out in the face of a crisis. Listeners will gain insights into how the Board’s role shifts based on the size of the organization, the stakes involved in a crisis, and the internal capabilities at hand.
