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Much like combat readiness, effective crisis readiness requires a level of effort and training that transforms nonproductive and even fatal instinct into a bias for action and multidirectional leadership.
But if we are to see dramatic improvement in crisis readiness and reputational risk management, it must begin with the diet and exercise habits and attention to corporate health and well-being of the board and the CEO.
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Before it approved new dividends, the Fed required banks to test their crisis-readiness against several criteria, like elevated unemployment, but it did not release detailed results of the tests.
The divergent views evoked a similar split a decade ago over Greece's readiness to join the euro zone, which is now struggling with a sovereign debt crisis set off by Greece.
Instead, Cynthia Board Schmeiser, head of the development division, was focused on what she calls the "readiness crisis".
Service chiefs are already wailing about a "readiness crisis" and a "hollowing out" of the force.The reality is even worse than the figures suggest.
They recognized that it would cost far more to endure a years-long readiness crisis while we recruited and trained replacements.
He described the cuts, which are scheduled to take effect on March 1, as "the most serious readiness crisis that this country is going to confront in over a decade".
"Who can be against saving money?" Mr. Dole asked during an interview last week in New York, where he was making television appearances to warn people about the "retirement readiness crisis".
On Monday morning, George Osborne, the chancellor of the Exchequer, tried to calm the markets, citing Britain's underlying economic strengths, the greater resilience of its financial system after the 2007-8 crisis, and the readiness of the Bank of England to step in.
Admirers cite Kennedy's televised address to the nation, referring to the battle over racial segregation as a "moral crisis", and his readiness to use the National Guard to force the whites-only universities of the south to open up to black students.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com