Why nobody prepared for the current crisis?


 
Crisis Management > Best Practices > Why nobody prepared for the current crisis?

Why nobody prepared for the current crisis?
Joanna
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..."...Sign up
 

 
No crisis preparation
Johannes
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 ...Sign up
 

 
Preparation in Crisis Management
Leon Breedt
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 expres...Sign up
 

 
It's human nature
William
Environment pollution; overpopulation; shortage of resources like water; food shortage.... we have been warned thousands of times but it is just human...Sign up
 

 
How do you make a jobless more happy?
Tran Hoan
If you ask me "why nobody prepared for the current crisis?", i am just thinking about happy feeling inside of him. It's not an advantage....Sign up
 

 
The greatest crisis
Limo Sammy
How comes that whenever people are told the truth they shy from it. The Bible clearly states that all these things we call crisis will happen, yet we ...Sign up
 

 
World Crisis
Adeosun Leke
The USA that call themselves the world giant have no good head. Bush, he has no time for the prosperity of the world but instead war, destruction of p...Sign up
 

 
Retraction
J. Wiley
How quickly people persecute! I represent a country who is fighting the war on terror. We support freedom in the world. We fight for those that are ra...Sign up
 

 
Crisis is Black Swan
Dr. Uditha Liyanage
The assumption that is made about the ability to predict the nature of the crisis with high/low probability may well be flawed. The crisis to be, may ...Sign up
 

 
Man can't think seriously about crisis
Madhav Bhetuwal
The current challenge of the world is crisis management. Nobody is shown inactive. Lack of strong plan and lake of implementation smooth process is th...Sign up
 

 
Crisis in the economy
Prof. Thomas Keel, MBA
When governments meddle in the free market, crisis occurs. The more governments impose corrections, the worse the crisis becomes....Sign up
 

 
Crunch Solution
Ahmed Mehdi
It's a game played from huge transaction mark-ups of banks which has an impact generally on trading and on common people of rich countries, only solut...Sign up
 

 
You can't prepare for this crisis
Wael Monakel
Such in Finance, there is something called BTL and ATL. If any executive in the institution can see the crisis coming, then it will become an issue, a...Sign up
 

 
Remain grounded in our Faith
Connie Sue
The challenge is to be aware of the crisis yet remain grounded. Listening to the unemployment rates, continued job layoffs, and bank failings causes t...Sign up
 

 
Crisis management is like insurance
Khumbo Shaba
We all need to plan for something like a financial crisis. However, too much of risk management limits the creativity and innovation potential of indi...Sign up
 

 
No world without crisis
Fonchi Denis
In as much as man continues to live in this world, there will always be crisis. Some will be natural and others man-made. It is impossible for man to ...Sign up
 

 
Crisis Management
Christopher Bean
It is too easy to say that no one was prepared - some were very much prepared as early as Jan 2006 when the flows within the global markets clearly in...Sign up
 

 
What we have to do now is Recover
Dave Saunders
Instead of worrying about the gloom and spiral downwards, stop being negative and start being positive. People did what they could to prepare, where i...Sign up
 

 
The Dumbbell Strategy
Gordon
As I have learned recently with the real estate retirement plan, "I am in control until I am not". We can organize, prepare, beforehand, and mitigate ...Sign up
 

 
Poisened Challice?
Randi Erentzen
This is not a "reaction". Semantics or not, mine is a "responsive engagement".
There is a view that I share which says that: "crisis/crises", is ...Sign up
 

 
Wake up America
Tonya
If you are in any religion it speaks about this happening. This is nothing people did, nor have knowledge of, this is what people have taken for grant...Sign up
 

 
Move On
Jackie
Don't ask why just do and move on! If you allow your thoughts to only focus on the smaller things then you will never see the bigger picture....Sign up
 

 
Crisis is Man Made
Ramesh Bandhoa
We human beings are responsible for the crisis. Management consists of humanbeings who looks for himself. "Beating the bush to gain self interest"" i...Sign up
 

     
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