Why did Nobody Prepare for the Current Crisis?

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Joanna

Why did Nobody Prepare for the Current 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...

  Johannes
 

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

  Leon Breedt
 

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.

  William
 

It's human nature

Environment pollution; overpopulation; shortage of (...)

  Limo Sammy
 

Why Lack of Preparation for Crises

How comes that whenever people are told the truth (...)

  Adeosun Leke
 

World Crisis

The USA that call themselves the world giant have (...)

  J. Wiley
 

Retraction

How quickly people persecute! I represent a countr (...)

  Dr. Uditha Liyanage
 

Crisis is Black Swan

The assumption that is made about the ability to p (...)

  Madhav Bhetuwal
 

Man can't think seriously about crisis

The current challenge of the world is crisis manag (...)

  Prof. Thomas Keel, MBA
 

Crisis in the economy

When governments meddle in the free market, crisis (...)

  Ahmed Mehdi
 

Crunch Solution

It's a game played from huge transaction mark-ups (...)

  Wael Monakel
 

You can't prepare for this crisis

Such in Finance, there is something called BTL and (...)

  Connie Sue
 

Remain grounded in our Faith

The challenge is to be aware of the crisis yet rem (...)

  Khumbo Shaba
 

Crisis management is like insurance

We all need to plan for something like a financial (...)

  Fonchi Denis
 

No world without crisis

In as much as man continues to live in this world, (...)

  Christopher Bean
 

Crisis Management

It is too easy to say that no one was prepared - s (...)

  Dave Saunders
 

What we have to do now is Recover

Instead of worrying about the gloom and spiral dow (...)

  Gordon
 

The Dumbbell Strategy

As I have learned recently with the real estate re (...)

  Randi Erentzen
 

Poisened Challice?

This is not a "reaction". Semantics or not, mine i (...)

  Tonya
 

Wake up America

If you are in any religion it speaks about this ha (...)

  Jackie
 

Move On

Don't ask why just do and move on! If you allow yo (...)

  Ramesh Bandhoa
 

Crisis is Man Made

We human beings are responsible for the crisis. Ma (...)

  Beverley Taylor
Professor, United States
 

Culpability for Crises? LEAN and Overshot Efficiency

Companies focus on Lean, efficiencies, and elimina (...)

  Michael Norris
Director, United States
 

Reason for Not Preparing for Crises? Human Nature

Preparation is not easy and human nature is to tak (...)

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