By John Duffy
Rebuilding KBW is eloquent testimony to the power, spirit, and should of the folk of our urban. вЂ“Richard D. Parsons, leader govt Officer, AOL Time Warner, Inc.
''There aren't any administration manuals for rebuilding an organization after the tragedy that KBW suffered on Sept. 11. KBWвЂ™s luck of their recovery is a testomony to the ability and resolution of the folks on the company and the deeply felt want in their pals and supporters in the course of the state to assist them be successful. That company luck was once matched through their main issue for the households of these who didn't continue to exist the 9/11tragedy. As a member of 1 of these households and an established buddy and consumer of the enterprise, i'm deeply moved by means of its tale. KBW is, while, yet one instance of the energy and spirit of american citizens and New Yorkers who can't be defeated by way of the forces of evil.'' вЂ“Thomas S. Johnson, Chairman and CEO, GreenPoint monetary
No one could have blamed the administration and staff of Keefe, Bruyette & Woods for giving up. The September eleven terrorist assault killed one-third of the companyвЂ™s employees and obliterated its headquarters. but the boys and girls of KBW refused to hand over.
Triumph Over Tragedy tells the strong and compelling tale of KBWвЂ™s destruction and rebirth. Firsthand debts from dozens of employees individuals in any respect degrees describe the frightening occasions of September eleven, keep in mind the devastation and agony within the aftermath of the tragedy, and clarify how, within the face of overwhelming destruction, they discovered the desire and assets to outlive and thrive.
The humans of KBW set a brand new ordinary for catastrophe restoration and redefined our figuring out of the way a lot loss one corporation can undergo and nonetheless rebuild. Their tale deals classes of wish and renewal that may encourage an individual being affected by own or specialist loss because of unexpected tragedy.
Read or Download Triumph Over Tragedy: September 11 and the Rebirth of a Business PDF
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Extra info for Triumph Over Tragedy: September 11 and the Rebirth of a Business
When the first Tower was hit, virtually everyone assumed it was an isolated incident. Combine this with the knowledge that when the Trade Center was bombed in 1993, the best course of action had been to remain in the office. Those who left in 1993 had a horrifying time descending stairwells filled with smoke and debris. Also the safety system at the World Trade Center was telling our people to stay where they were because the building was secure. Even employees who were going down the stairs were encouraged to go back up.
Obviously, I was also dealing with my own emotions regarding the loss of our son, Christopher. qxd 7/12/02 10:27 AM Page 49 WATCHING THE HORROR UNFOLD 49 fathers and mothers, parents had lost children, siblings had lost brothers and sisters, and husbands had lost their wives. Ultimately, KBW lost 67 of its family that day out of the 125 employees who were in the building that day. To think that all of these families had lost a loved one and that we would never see these people again. The grief I felt is just impossible to put in words.
Qxd 42 7/12/02 10:27 AM Page 42 TRAGEDY who was terribly concerned about Christopher and I told her I would be home as soon as I could. After hanging up the telephone, I headed out to retrieve my car. I was walking south on Seventh Avenue at approximately 30th or 31st Street when I noticed that the people in the street were looking south. You could see the Trade Center. As I hurried along, I saw the second Tower collapse. It no longer mattered whether our offices were in the building with the antenna or not.