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Apr 30, 1996

Dealing with disaster

Something's gone wrong

and your stock price is dropping like a stone. Do you panic? Or immediately put into action your crisis management plan? Your answer could determine whether the long-term impact of the crisis is negative or positive. Good crisis management is all about creating positive perceptions from what may look like a bottomless pit of negative comment. That holds true whatever the crisis and whatever the audience. For IR practitioners the onset of a crisis may well mean careful consideration of audiences

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