The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu The leading online blog in the fields of corporate governance and financial regulation. Thu, 30 Apr 2026 11:32:16 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.8 https://corpgov.law.harvard.edu/wp-content/uploads/2024/02/cropped-photography-4-e1706898544564-1-32x32.png Board Practices: Crisis Management and the Board – The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu 32 32 Board Practices: Crisis Management and the Board https://corpgov.law.harvard.edu/2026/04/08/board-practices-crisis-management-and-the-board/?utm_source=rss&utm_medium=rss&utm_campaign=board-practices-crisis-management-and-the-board https://corpgov.law.harvard.edu/2026/04/08/board-practices-crisis-management-and-the-board/#respond Wed, 08 Apr 2026 11:32:13 +0000 https://corpgov.law.harvard.edu/?p=180032?d=20260407152757EDT Posted by Natalie Cooper (Deloitte LLP) and Randi Morrison (Society for Corporate Governance), on Wednesday, April 8, 2026
Editor's Note:

Natalie Cooper is a Senior Manager at Deloitte LLP and Randi Morrison is General Counsel and Chief Knowledge Officer at the Society for Corporate Governance. This post is based on a Deloitte and Society for Corporate Governance report by Ms. Cooper, Ms. Morrison, Christine Davine, Maureen Bujno, Krista Parsons, and Caroline Schoenecker.

Crisis management is a vital organizational function, enabling resilience and mitigation against potential adverse implications associated with disruptive events such as financial instability, cyberthreats, operational breakdowns, and reputational harm—any of which may jeopardize ongoing  operations and an organization’s long-term viability. The board of directors plays a crucial role in this area by providing strategic oversight, establishing governance frameworks, and making informed decisions that are important, particularly in today’s increasingly complex risk landscape.

This Board Practices Quarterly is based on a recent survey of members of the Society for Corporate Governance representing public and private companies. The survey, fielded in Q4 2025, examined organizational crisis preparedness and governance, including topics such as crisis plan formalization, types of crises addressed in the plan, management functions that participate in crisis teams, and the role of the board of directors.

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