Crisis Management

Crisis events that affect the future of the companies either positively or negatively, although the crisis is a shake-up but it is a real test of the willingness of firms and the coherence of management structure, and the winner is always better than crisis management.
And crises can not be avoided they vary more in the area and vary in severity depending on the size of the company mere problems common in a large company may become the same problems in crisis in a small company.

Crises can be divided to:

  • Economic: As the world is now a small village, any economic events affect the market will extend its impact to your business collapse of stock markets and an increased unemployment rate and exchange rate changes represent a major crises Perhaps the clearest examples of U.S. subprime mortgage crisis and the flying sparks to large parts of the world led to the bankruptcy of a number Large companies in the world, led by Lehman, which is the fourth largest bank.
  • Informatics: Leaking information to competitors or destroyed because of the problems and crises, especially if the product is patented and is preparing the company to put on the market is also a computer network crash crisis Informatics

  • Human resources: Of severe crises, which occur in many companies is that you lose talented employees, especially if the staff member's place of leadership in the company and as a result of the imbalance in the training, the alternative non-existent and thus affected the company and perhaps lead them to impact sales significantly threatening its future, is the conflict between Staff from the repeated crises .

  • Raw materials and equipment: It is important in every industry to be available the tools necessary to run production lines and the lack of materials or incompleteness affect the price of the product and thus the value of the profits, risks are alternatives of the things that you must take into account
The companies that aspire to survival and continuity to improve the management of these crises, here are some solutions that can contribute to avoid them and try to minimize the damage resulting therefrom, if they occur :
  1. Configure the crisis management team: The team consists of a number of persons each representing a certain portion of the company's departments to be integrated team and covers all aspects and composed, for example, of: a specialist in money, a legal specialist, a specialist in public relations and marketing, ... .
  2. Receive early signs of the crisis: Every crisis has its beginnings that predict the imminent occurrence should be the company's close attention to these signs as the condoning of the solution process is difficult and leads to huge losses to individuals and property not only India but this has to be for the company to determine the minimum risk of action must be taken when accessed.
  3. Develop an integrated system of the company: System and the policy of the company's help in reducing the rate of crisis as it defines everything carefully and draw a precise framework for all operations carried out in the company and thus reduce the potential friction and conflicts between staff.
  4. Staff training on crisis management: Not only the company's role in crisis management on the composition of a special team, but they have to be prepared in advance and virtual experiments to crises in order to train staff on proper conduct in the event of a crisis.
In conclusion: Crises things can not be overlooked or escape is you're someone who always expect the best apart from crisis advise you to stay out of business because the live in peace can be achieved only when they grow our ability to contain the crisis and perfecting the management and we must always remember that the strike, which does not kill strengthen.

Posted by siwlass on 08:48. Filed under . You can follow any responses to this entry through the RSS 2.0

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