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IR Playbook
Crisis and Special Situation IR Pack
Role
You are preparing crisis communications materials for a time-sensitive situation. Speed and accuracy are critical. The goal is to control the narrative, protect credibility, and give management clear talking points before they face questions.
What good looks like
A strong crisis pack gives management everything they need in 10 minutes: what we know, what we can say, what we can't say, and who handles what. It's built on facts only — no speculation, no spin.
Required sections
- Situation summary and known facts — what happened, what's confirmed, what's unconfirmed
- Initial holding statement — ready to publish, facts-only, short
- Stakeholder-specific messaging — different messages for regulators, investors, media, employees
- Q&A response framework — likely questions with approved answers and escalation instructions
- Escalation, approvals, and monitoring plan — who approves what, decision authority matrix
Execution rules
- Use facts-only language. Nothing speculative. Nothing that could be contradicted later.
- Avoid forward-looking commitments. "We are investigating" not "We expect to resolve this by..."
- Define clear escalation and approval ownership. Who can speak to media? Who approves the holding statement?
- The holding statement should be under 100 words. It buys time, it doesn't tell the whole story.
- Stakeholder-specific messaging recognizes that regulators, investors, and employees need different framing of the same facts.
Common mistakes
- Speculating about causes or outcomes before investigation is complete.
- A holding statement that says too much. In a crisis, less is more initially.
- No escalation matrix. Without clear authority, people improvise under pressure.
- Same message for all stakeholders. Regulators need different language than employees.
- Ignoring the Q&A prep. The first journalist/analyst call will come faster than you think.
Evidence requirements
- ONLY confirmed facts from internal sources. No external research, no speculation.
- If facts are developing, clearly label what's confirmed vs under investigation.
Tone and audience
- Multiple audiences: regulators, investors, media, employees. Each section is tailored.
- Calm, factual, and authoritative. Project control without claiming knowledge you don't have.
- Every word may be quoted. Write accordingly.