Question

You are the members on the board of a major consulting firm. One of your senior executives in your firm has made controversial statements about one of your competitors during an interview and is now being targeted on most forms of news media. This incident has had a severe impact on the company's reputation as well and your share prices have plummeted since the incident. However, the executive has been responsible for getting a majority of your biggest clients and made huge profits for the company over the last few years. And there's a significant proportion of your clients who would follow the executive should s/he be poached into joining one of the competitor firms. Discuss how to handle this situation.

Answer 1

handle the situation according to the given conditions