Crisis management for boards of directors

Deloitte (Jul 20, 2024) "Crisis management for boards of directors", produced with NACD, frames crisis scenario planning as the board's tool for guiding the organisation through operational, reputational and financial-condition crises while enabling agile decision-making and long-term resilience. NACD recommendations cited: boards should dedicate at least one meeting annually to crisis scenario planning and ensure management has established clear escalation protocols for emerging threats; audit and risk committees should conduct tabletop exercises simulating crisis scenarios at least once per year to test response readiness. Useful starting agenda for SEA mid-market boards whose crisis-management work is currently confined to BCP documents.