Crisis Management

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High Quality Content by WIKIPEDIA articles! Crisis management is the process by which an organization deals with a major unpredictable event that threatens to harm the organization, its stakeholders, or the general public. Three elements are common to most definitions of crisis: (a) a threat to the organization, (b) the element of surprise, and (c) a short decision time. Venette argues that "crisis is a process of transformation where the old system can no longer be maintained." Therefore the fourth defining quality is the need for change. If change is not needed, the event could more accurately be described as a failure or incident. In contrast to risk management, which involves assessing potential threats and finding the best ways to avoid those threats, crisis management involves dealing with threats after they have occurred. It is a discipline within the broader context of management consisting of skills and techniques required to identify, assess, understand, and cope with a serious situation, especially from the moment it first occurs to the point that recovery procedures start.

Weitere Informationen

  • Allgemeine Informationen
    • GTIN 09786130824556
    • Editor Frederic P. Miller, Agnes F. Vandome, John McBrewster
    • EAN 9786130824556
    • Format Fachbuch
    • Titel Crisis Management
    • Herausgeber Alphascript Publishing
    • Anzahl Seiten 148
    • Genre Wirtschaft

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