A Fortune book spoiler: 10 ways to survive a crisis; Bill Clinton’s old fixers have a new paperback on handling PR emergencies. Here’s a shameless summary of the key points

A Fortune book spoiler: 10 ways to survive a crisis

March 28, 2014: 11:58 AM ET

Bill Clinton’s old fixers have a new paperback on handling PR emergencies. Here’s a shameless summary of the key points.

By Anne VanderMey

Crisis is everywhere. There are the national public relations fiascos: General Motors, Chris Christie, the NSA. And then there are the countless human missteps that plague companies every day: The reply-all email gaffe, the product defect, the affair. Be your crises big or small, these authors think they can help. Christopher Lehane and Mark Fabiani were dubbed the “Masters of Disaster” in a 1996 Newsweek profile for their work with Bill Clinton’s presidential campaign (they also ran interference after his impeachment). In a new paperback, co-authored with director Bill Guttentag, the authors repurpose their lessons in political crisis management for the C-suite. “Masters of Disaster: The Ten Commandments of Damage Control,” distills their best advice into 10 rules. We’ve, in turn, distilled those commandments into a handful of words. You’re welcome.

WHITE BOOK

#1: Full disclosure
Put the whole story out. All at once. Full stop. Otherwise, risk “getting completely run over by it,” say Lehane et al. This advice is as ubiquitous as it is accurate. The classic example is Tiger Woods, who let rumors of his affairs brew in the press for days until he came clean. Instead of the awkward nonresponse, a swift and complete confession would have limited the damage. Bonus tip: Respond immediately to that errant reply-all e-mail.

#2: Speak to your core audience
Everyone in crisis has a target audience — usually the people with firing power. For a school superintendent it’s parents, for a college coach its the board of trustees, and for a corporation its shareholders and analysts. For one public company, the authors took a 10-page press release and distilled it into a three-sentence missive for shareholders, saying, “The company is pleased to have put this matter behind it once and for all.” The stock price went up on the news.

#3: Don’t feed the fire
See rule number one. The truth will out eventually, so disclose everything fully and quickly. The authors write, “The longer it takes you to get to the bottom line, the longer you will be in crisis.”

#4: Details matter
Move fast, but not too fast. Meg Whitman was caught off-guard for detailed questions about her voting record when she announced her bid for governor in 2009. “She was not ready for her close-up,” the authors say. The result was a gut punch to the campaign. Get the small facts worked out before the big reveal or disclosure.

#5: Hold your head high
The poster boy for this rule is Gavin Newsom who, facing reports of an affair, told the press, “everything you’ve read is true,” gave a dignified apology, and didn’t address it again. He revealed all, deflated speculation, and then “had the discipline to shut up.”

#6: Be straight about what you know, what you don’t know, and what you are going to do to fix the problem
This one is mostly self-explanatory. Instead of pretending to know it all, defer to experts. So, if you’re a mining CEO and there’s been a collapse, bring out the geologists rather than speculating on the mechanics yourself.

#7: Respond with overwhelming force
A few tried-and-true strategies: announce the formation of a commission, launch an internal review, or appoint a respected expert to overhaul the offending department. It’s also important to have a company line and stick to it. Companies that are good at crisis management make sure every public-facing employee is relentlessly on-message.

#8: First in, first out
Minimize your role in the drama as much as possible. So, if you’re a baseball player accused of steroid use, fess up, blame the sport’s “loose culture,” and make the story about something larger than yourself.

#9: Don’t get Swiftboated
In 2004, John Kerry fell prey to the obviously politically motivated Swiftboat Veterans for Truth by refusing to dignify the smears with a response — until the damage to his poll numbers was already done. It was a case study in the importance of refuting scurrilous accusations early and forcefully.

#10: They dissemble, you destroy
Seize on any errors or inconsistencies from the opposing side to undermine its credibility and change the narrative. For example, are your accusers politically motivated? Sounds like the whole thing might be a partisan plot.

This abridged advice is, of course, just a fraction of the wisdom offered in this smart, 257-page book. If you really want to learn from the “Masters,” you can find it here.

 

Unknown's avatarAbout bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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