Skip to content
Sign In Subscribe
Financial Times — World — Leadership Risks — Management — Leadership — Silicon Valley Bank

From SVB to the BBC: why did no one see the crisis coming?

Leadership groups often become locked into a shared myth and ignore doubters, risking unexpected crises. Organizations need to encourage doubt and risk review.

1 min read
  • Silicon Valley Bank, BBC, and JPMorgan Chase all suffered unexpected crises.
  • Leadership groups often become locked into a shared myth and ignore doubters.
  • Organizations need to keep their possible risks under regular review.
  • Leaders must encourage doubters to speak up and consider all possible downsides.
  • Joint evaluation of different policies can reveal flaws in the preferred strategy.
From SVB to the BBC: why did no one see the crisis coming?
Managers can put organisation at risk when they fail to plan for the worst-case scenario
Financial TimesMichael Skapinker

More in World

More from Financial Times

Latest