How did Scott McClendon, Chairman of the Board at Overland Storage Inc., respond to the company in crisis? How did the Board participate and successfully guide the company through several crisis situations? Scott was the President and CEO of Overland Storage for 10 years until 2001 and has since been the Chairman of the Board. Overland Storage has successfully dealt with several crisis situations with a great and strong involvement from the Board in the crisis process. Scott shares his experiences on how they successfully managed the company in times of crisis.
LISTEN: SEGMENT ONE
Overland Storage helps company protect their digital data. They have been participating in a very dynamic market and have successfully dealt with several crisis situations such as competitive actions, dealing with supplier who cannot deliver, hostile customers, takeover attempt and many more.
LISTEN: SEGMENT TWO
What does the company respond to these crisis situations? How are management and board of directors involved? How do you make sure that they stay aligned in the process? Scott provides some valuable insights on how Overland Storage goes through crisis resolution.
LISTEN: SEGMENT THREE
Do you need a special board of directors in order to deal with a crisis situation? What should a board be able to do so that they can help the company prevent and respond to a crisis? When do you look for key service providers to respond to these crisis? Scott tells us about the team of people that are important in any company in order to be prepared for a turbulent future.
