Atelier 
Board-Briefings

-For custodians of reputation

Wreckage or Lighthouse? The Horizon Game in Crisis Communications


Part I Jan-Mar 2025



1. Introduction

“You cannot control the storm, but you can decide whether you are remembered as wreckage or as a lighthouse.”

Crisis communications is often framed as a short race: issue a statement, control the damage, move on. But reputations rarely move on so quickly. What lingers in memory is not the holding line or the press release, but the arc of how an organisation responded — or failed to respond — across time.

2. The Four Arcs of Crisis Communications

Reputation is not determined in a single moment, but across arcs:

  • Immediate (0–72 hours): The holding and primary statements. Awareness, containment, reassurance.

  • Medium (5–7 days → 2–3 months): The secondary statement. Initiative, forward deflection, the promise of action.

  • Long (3–12 months): The tertiary phase. Results and reforms. Independent reviews, new protocols, visible changes. Proof that early promises were honoured.

  • Horizon (1–5 years): The arc of memory. How the crisis is recalled in sector, media, and public mind. Was the firm a villain? A victim? A reformer? Did it collapse under turbulence, or convert it into resilience?

3. The Capital Beneath the Arcs

Corporate reputation is not merely narrative; it is the visible dividend of deeper reserves: credibility, integrity, and trust.

  • In the Immediate and Medium arcs, credibility equity is tested. Stakeholders must believe the first words if the organisation is to buy time.

  • In the Long arc, integrity equity is tested. Promises must mature into reforms, audits, and demonstrable change.

  • In the Horizon arc, trust equity is tested. Here the question is whether the accumulated goodwill of stakeholders bends memory toward resilience or toward erosion.

Thus, reputation is not an outcome in itself, but the compounded expression of these reserves across time.

4. Why Most Organisations Fail

In practice, most organisations confine themselves to the first two arcs. The immediate calculus is to manage the moment while neglecting the memory. But in reputational terms, it is the memory, not the moment, that defines the organisation.

Containment buys time; initiative shows intent. Yet without proof of results, and without narrative curation, memory hardens into cliché: another law firm fined, another wealth manager entangled in leaks, another fund caught short by oversight. Silence is not neutral; it allows absence to speak in place of presence.

5. Sector Illustrations

  • Legal: Magic Circle firms fined for AML lapses often issue only holding statements. The rare exceptions commission independent reviews and reframe themselves as governance leaders.

  • Wealth: Private banks caught in leaks usually retreat into silence. A few demonstrate custodial reforms and preserve inter-generational client trust.

  • Funds: Hedge funds under SEC scrutiny often meet minimum disclosure. Those who turn oversight into stewardship narratives build durable investor confidence.

6. The Payoff of Horizon Strategy

  • Immediate/Medium: Credibility equity buys time.

  • Long: Integrity equity restores credibility.

  • Horizon: Trust equity compounds. The crisis becomes proof of resilience, not evidence of fragility.

Boards that neglect these arcs risk depletion. Boards that steward them create reputational capital that outlives the crisis itself.

7. Conclusion: The Horizon Game as Discipline

The Horizon Game requires patience and foresight. It demands that boards treat trust as capital — fragile in the moment, enduring when stewarded across arcs. The critical question is not only “Did we survive the crisis?” but “How will this be remembered five years from now?”

The Horizon Game is where reputations are set in stone. Most organisations never play it. The few that do are remembered not for their crises, but for their resilience.

At Clarity Atelierwe help leaders look beyond the first 72 hours — to shape the arcs that determine whether trust erodes or endures. 

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