Posted by Alumni from MIT
April 21, 2025
Typical crisis simulations don't train leaders for today's unpredictable disruptions. Modern crises ' like the global CrowdStrike outage and Silicon Valley Bank's collapse ' strike without warning or a playbook to guide a leader's response. Instead of just testing predefined response plans, organizations need to supercharge their crisis simulations to develop leaders' real-time adaptability. Consider 10 ways to design simulations that prepare executives for the unprecedented. Crises now hit organizations hard, fast, and in ways that few leaders see coming. When cybersecurity company CrowdStrike released a faulty update to its software in 2024, it triggered a massive global outage that crashed 8.5 million Microsoft Windows systems. In 2021, a container ship blocked the Suez Canal, halting nearly $10 billion in global trade per day and exposing critical vulnerabilities in supply chains. And in 2020, the COVID-19 pandemic threw the world into turmoil overnight, disrupting economies,... learn more

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