Why Did Nobody Prepare for This Crisis?

Crisis Management (Contingency Planning)
Knowledge Center


Joanna, USA

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...


Johannes, The Netherlands

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, South Africa

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, China

It's human nature

Environment pollution; overpopulation; shortage of resources like water; food shortage.... we have b... Sign up

Limo Sammy, Kenya

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

Adeosun Leke, Nigeria

World Crisis

The USA that call themselves the world giant have no good head. Bush, he has no time for the prosper... Sign up

J. Wiley, USA


How quickly people persecute! I represent a country who is fighting the war on terror. We support fr... Sign up

Dr. Uditha Liyanage, Sri Lanka

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

Madhav Bhetuwal, Nepal

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

Prof. Thomas Keel, MBA, USA

Crisis in the economy

When governments meddle in the free market, crisis occurs. The more governments impose corrections, ... Sign up

Ahmed Mehdi, Pakistan

Crunch Solution

It's a game played from huge transaction mark-ups of banks which has an impact generally on trading ... Sign up

Wael Monakel, Syria

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

Connie Sue, USA

Remain grounded in our Faith

The challenge is to be aware of the crisis yet remain grounded. Listening to the unemployment rates,... Sign up

Khumbo Shaba, Malawi

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

Fonchi Denis, Cameroon

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

Christopher Bean, United Kingdom

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

Dave Saunders, New Zealand

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

Gordon, USA

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

Randi Erentzen, South Africa

Poisened Challice?

This is not a "reaction". Semantics or not, mine is a "responsive engagement". There is a view that... Sign up

Tonya, United States

Wake up America

If you are in any religion it speaks about this happening. This is nothing people did, nor have know... Sign up

Jackie, Canada

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

Ramesh Bandhoa, Maurituis

Crisis is Man Made

We human beings are responsible for the crisis. Management consists of humanbeings who looks for him... Sign up

Beverley Taylor
Professor, United States

Culpability for Crises? LEAN and Overshot Efficiency

Companies focus on Lean, efficiencies, and elimination of waste and Six Sigma and greater effectiven... Sign up

Michael Norris
Director, United States

Reason for Not Preparing for Crises? Human Nature

Preparation is not easy and human nature is to take the path of least resistance. "We shouldn't prep... Sign up


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Michael Norris

Crisis Management (Contingency Planning)
Knowledge Center

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