Why Did Nobody Prepare for This Crisis?
The article above explains that it's important to prepare contingency plans in advance, before an actual crisis occurs.
Isn't it remarkable that neither governments, nor financial regulators, nor financial instituations seem to have created any contingency plan for the current global crisis?
Surely they all should have seen it coming...
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Johannes, The Netherlands
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No crisis preparation
Nobody had prepared for this crisis because nobody new what the CEO's have been doing. They where swimming naked until the tide went low that is when the secrets were disclosed. *BBC
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Leon Breedt, South Africa
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Reasons for Lack of Preparation in Crisis Management
Well people don't prepare for crises because they don't take it serious, and they have the attitude that it won't happen to them. It can not be expressed enough on how important it is to be prepared for any Crisis at all.
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William, China
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It's human nature
Environment pollution; overpopulation; shortage of resources like water; food shortage.... we have b... Sign up
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Limo Sammy, Kenya
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Why Lack of Preparation for Crises
How comes that whenever people are told the truth they shy from it. The Bible clearly states that al... Sign up
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Adeosun Leke, Nigeria
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World Crisis
The USA that call themselves the world giant have no good head. Bush, he has no time for the prosper... Sign up
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J. Wiley, USA
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Retraction
How quickly people persecute! I represent a country who is fighting the war on terror. We support fr... Sign up
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Dr. Uditha Liyanage, Sri Lanka
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Crisis is Black Swan
The assumption that is made about the ability to predict the nature of the crisis with high/low prob... Sign up
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Madhav Bhetuwal, Nepal
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Man can't think seriously about crisis
The current challenge of the world is crisis management. Nobody is shown inactive. Lack of strong pl... Sign up
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Prof. Thomas Keel, MBA, USA
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Crisis in the economy
When governments meddle in the free market, crisis occurs. The more governments impose corrections, ... Sign up
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Ahmed Mehdi, Pakistan
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Crunch Solution
It's a game played from huge transaction mark-ups of banks which has an impact generally on trading ... Sign up
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Wael Monakel, Syria
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You can't prepare for this crisis
Such in Finance, there is something called BTL and ATL. If any executive in the institution can see ... Sign up
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Connie Sue, USA
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Remain grounded in our Faith
The challenge is to be aware of the crisis yet remain grounded. Listening to the unemployment rates,... Sign up
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Khumbo Shaba, Malawi
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Crisis management is like insurance
We all need to plan for something like a financial crisis. However, too much of risk management limi... Sign up
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Fonchi Denis, Cameroon
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No world without crisis
In as much as man continues to live in this world, there will always be crisis. Some will be natural... Sign up
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Christopher Bean, United Kingdom
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Crisis Management
It is too easy to say that no one was prepared - some were very much prepared as early as Jan 2006 w... Sign up
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Dave Saunders, New Zealand
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What we have to do now is Recover
Instead of worrying about the gloom and spiral downwards, stop being negative and start being positi... Sign up
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Gordon, USA
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The Dumbbell Strategy
As I have learned recently with the real estate retirement plan, "I am in control until I am not". W... Sign up
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Randi Erentzen, South Africa
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Poisened Challice?
This is not a "reaction". Semantics or not, mine is a "responsive engagement".
There is a view that... Sign up
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Tonya, United States
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Wake up America
If you are in any religion it speaks about this happening. This is nothing people did, nor have know... Sign up
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Jackie, Canada
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Move On
Don't ask why just do and move on! If you allow your thoughts to only focus on the smaller things th... Sign up
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Ramesh Bandhoa, Maurituis
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Crisis is Man Made
We human beings are responsible for the crisis. Management consists of humanbeings who looks for him... Sign up
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Michael Norris