The continuing Suez Canal crisis shows the importance of having contingency crisis management plans ready to implement if the primary plan does not work— and why business leaders should take a cue from officials working to free the giant container ship that is blocking the shipping channel.
As reported by Forbes today, “”Egyptian authorities are drawing up plans to unload the Ever Given, the mega-ship blocking the Suez Canal, as international teams race to dislodge it before the obstruction of one of the world’s most important cargo routes threatens to upend the global shipping industry.”
In the aftermath of a crisis, it is not unusual to engage in 20/20 hindsight and realize what could or should have been done to prevent, address or solve the crisis.
The good news is the sooner we have those answers to the Suez Canal crisis, the sooner steps can be taken to help prevent a similar crisis —or help manage it more strategically, effectively, and efficiently. If there is one thing that is certain in crisis management, it is that there will always be another crisis.