Category: Crisis Management
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Crisis Management: Definition and Relation to Business
Table of Contents Personal Experience with Organizational Crisis Article Summary Recommendation References In the context of product recalls, crisis management can be defined as the systematic attempt often initiated by the management of the organization to avoid organizational crises or to manage those crisis events that do occur using various crisis management strategies classified into…
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The Role of Leadership: Crisis Management
Any crisis situation can significantly affect an organization, demanding immediate strategic actions from a company’s leaders. Indeed, management should make quick decisions about the adequate allocation of resources (McNulty & Marcus, 2020). The role of leadership in such situations is primarily to focus on the possible scenarios of this specific situation to take appropriate measures…
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Crisis Management in an Organization
Crisis management or communication refers to how an organization identifies a threat and responds to it effectively. Crisis management in an organization can viewed as a procedure whereby the old systems are no longer maintained so as to mitigate certain threats associated with them. This means that crisis management also includes dealing with sources of…
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Crisis Management Planning and Its Effectiveness
Crisis management planning is an organized way of mulling over the misfortunes that may affect an organization or individuals. In crisis management, flexibility is highly essential as opposed to a step-by-step process to accommodate possible dynamics. Flexibility helps in the diagnosis and addressing of specific issues. Although a crisis is, most of the time, seen…
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Crisis Management During Terrorism Threat
Crisis management has become an appreciated device for preventing and dealing with emergencies and adverse situations in business. However, some branches of the economic sectors still consider it unnecessary, such as suppliers in the automobile industry (Burns & Marx, 2014). Unfortunately, such an approach might be destructive not only for the suppliers but also for…
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Managing a Crisis Simulation in a Supply Chain
Supply chain management requires continuous improvement and monitoring of the quality of resources and operations within production. However, failures or miscommunication between a supplier and a client occur sometimes and cause an interruption in processes. A crisis simulation case shows the situation with a company that sells building materials to building contractors that came across…