«Pervasive uncertainty» requires a paradigm shift.
04/09/2022 Patrick Trancu
Uncertainty

If you are interested in crisis management, historical parallelism, the fallout of the Russia-Ukraine war, and what is currently happening in the global economy this is a must-read article. Keeping in mind crises are never the same the article offers some valuable reflections on «pervasive uncertainty». I particularly liked Martin Wolf’s characterization of what he experienced …

READ MORE
Decision-making & parallel thinking
05/06/2022 Patrick Trancu
decision-making parallel thinking

Can parallel thinking bring value to the crisis management decision-making process? It’s a question I asked myself after reading Tim Harford’s article published by the FT. “If at first you don’t succeed, goes the old saying, try, try again. Good advice, up to a point. But let me offer a modification: even when you do …

READ MORE
Lessons learnt from the Covid19 crisis
24/08/2021 Patrick Trancu
Lo Stato in Crisi. Pandemia, caos e domande per il futuro. Patrick Trancu

Very pleased to share this article born out a recent webinar organized by the Italian Association of Risk Managers (Anra) to discuss «Lo Stato in Crisi. Pandemia, caos e domande per il futuro» the book I curated and co-wrote with 34 other academics and experts in a multi disciplinary approach.  A hard look from a …

READ MORE
Airport management company turns to TT&A
20/01/2021 Patrick Trancu
Consulenza gestione di crisi

We are pleased to start the new year welcoming a new client: a major Italian airport management company. During the pandemic crisis the client realized that one thing is managing an emergency at the airport, an event for which it is well prepared, and quite another to manage a crisis. Starting next week we will …

READ MORE
“Blitzkrieg” to safeguard CEO reputation
03/12/2020 Patrick Trancu

Between Sunday and Tuesday we provided, in cooperation with our international partners, 72 hours of strategic advice to safeguard the reputation of a major international CEO. Activated at 7 pm on Sunday evening, we worked closely with colleagues across borders to develop strategic approaches and messages. This enabled us to deal with the issues at …

READ MORE
Just a few days till my TED Talk at TEDxBrianza
12/02/2020 Patrick Trancu

When Marcello Arosio, organizer of TEDxBrianza reached out to me last October to invite me to hold a TED Talk I hesitated. Pleased to have been contacted I immediately wondered if my line of business and experience could be of interest to a broader audience. But Marcello, who had been following me on  on LinkedIn, was determined …

READ MORE
New challenges in crisis management
10/02/2020 Patrick Trancu

What are the new challenges in crisis management? Why are crises more frequent, intense and last longer? Inspired by Thierry Libaert‘s speech, I tried to push the reflection a step forward and attempted to answer these two questions during my opening remarks in a closed door seminar we recently organized in Milan. We also had the …

READ MORE
Crises seem to be more frequent and complex to manage. Why?
15/01/2020 Patrick Trancu
Crisis management

In a few days I will have the pleasure of meeting with Patrick Lagadec to discuss crisis management. During the past decade crises seem to have become more frequent, more intense and complex to manage. Even in Italy. Costa Concordia, MPS, Autostrade are just 3 well know examples. Why are crises more frequent intense and …

READ MORE
Crisis management: what can we learn from Boeing’s handling of the B737 Max crisis?
20/03/2019 Patrick Trancu

The aviation industry has always been at the forefront of crisis management. And for a good reason. When things go wrong the impact can be devastating. So high are the standards in the industry compared to others that over the past thirty years, the response to critical events has been codified. But the crash of …

READ MORE