Mishandling an initial crisis could kill your career. Deal with it well, however, and you can make your name. Businesses increasingly prefer battle-tested talent for senior spots. “Boards give more credit to executives who overcame an early crisis because they showed they made good decisions with high pressure and no clear road map,” says Jeffrey Cohn, a succession-planning expert and author of “Why are We Bad at Picking Good Leaders?”
Lublin completes the article by sharing 6 tips for crisis handling that were shared with her during interviews with three CEOs who’ve had to lead a company through a major crisis.