Everything is something worth knowing.

 

Erudite Blog

Predicting the future is all but impossible. That doesn't mean that organizations and individuals cannot prepare for crises before they happen. Even a crisis as large, as potentially sudden, and as surely catastrophic as open conflict on the Korean Peninsula, can be managed with the right crisis management processes. We don't have to know what North Korea is going to do next to be safe. The goal is to be as safe as possible no matter what happens. That means organizations need to create crisis management plans that don't rely on perfect prediction. 


On March 20, the Korea Development Bank (KDB) issued a report regarding the potential impacts of THAAD deployment and deteriorating Korea-China relations on Korean industry.