Hi Walther:
I'm going to answer your question as best I can.
The consequences of a magnetic pole shift are fairly well known, since we have a geologic record indicating that this has happened many times in geologic history. These changes in the magnetic field of the earth are recorded in the orientation of iron crystals in igneous rocks on the sea floor. The phenomenon is known as 'magnetic striping'. These events do not appear to be tied to any extinction events. In other words, unless you have a compass, you probably wouldn't even notice that it was happening. It is thought that some animals may sense and use magnetic fields for orienting during migrations, but I don't know that this has ever been tested. In a magnetic pole reversal, it takes a long time for the field to move (hundreds to thousands of years) so it may be that any animals who use magnetic fields in this way just adjust. If you are asking about the consequences of an rapid field reversal, I would speculate that some animals may become disoriented, but beyond that, I don't think that we would see much, if any, consequences on earth.
The consequences of a rotational pole shift, on the other hand, would be significant… if it were possible, and its not. At http://imagine.gsfc.nasa.gov/docs/ask_astro/answers/970401c.html the speed of the earth's rotation at the equator is calculated at about 1,000 miles per hour. So let's imagine what would happen if we changed the direction of the earth's rotation: Everything on the earth is also travelling with it, so a sudden change in direction would cause everything on the earth (air, water, rocks, houses, etc) to fly horizontally in the 'old' direction at 1,000 miles per hour. Various authors have proposed various scenarios that they say would cause this shift, including magnetic fields from the sun, or from passing rogue giant planets, or the gravity of a passing planet, and things of that nature. However, none of these ideas have ever been presented with the math. The fact is that the angular momentum of a rotating sphere can be calculated based on its mass and its speed. The angular momentum of the earth is immense, far greater (millions of times greater) than every nuclear weapon ever built put together. The only way to significantly change the axis of rotation in a short period of time would be through an impact. There is no other force that is strong enough to do that to the earth. Not gravity from a passing planet, and not magnetism from the sun, or from a passing planet. The consequences would be disastrous if it were possible, but the consequences of the sun going supernova would also be disastrous. It's fortunate that neither of these are possible.