Leadership Resources

Leadership Resources from the Carlson Executive MBA Program

Organizational Crisis. Part I: Definition and Conceptualization

There are many factors that contribute to an organizational crisis. The Milburn, Schuler, Watman article provides a framework to crisis antecedents. Typically, there are more than one factors in play. What is a crisis?  Disruptive and unexpected event that threatens an organization External antecedents of crisis Competitors Suppliers Customers/Clients Regulators Society Owners/Boards Natural Disasters Financing Internal antecedents of crisis Executive Characteristics Style of Management Personality of Decision-Makers Degree of Detachment to Crisis Knowledge, Skills, and Attitudes