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The following is a list of some common characteristics of many of the Black Swan events that have occurred (Green, 2011): 1. Emergency response and
The following is a list of some common characteristics of many of the Black Swan events that have occurred (Green, 2011): 1. Emergency response and a solution to the scenario are totally different aspects. It's not just about responding to the crisis, it's also about finding ways for fixing the problem. 2. Solutions to the problem should often be created. They are novel solutions which cannot be repeated based on best practices. The cause of the problems is not always obvious and it might demand extra effort for the leadership to find the true cause. Also the organization might need to go through several solutions before finding the one that suits best. 3. Productivity might be negatively impacted as employees can be concerned, uncertain and distracted
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