StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Crisis Management - Research Paper Example

Cite this document
Summary
Crisis Management: A Brief Study Table of Contents Introduction 3 Defining Crisis 3 Defining Crisis Management 4 Discussion 4 Types of crisis 5 Crisis Management: A Business Case 6 Facing Crisis 7 Conclusion 8 Recommendation 8 References 10 Introduction An individual, an organization, a government, or the global economy at any point of time may face debacles…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92.8% of users find it useful
Crisis Management
Read Text Preview

Extract of sample "Crisis Management"

Download file to see previous pages

This report will present a brief overview of crisis associated with the companies that is, organizational crisis will be the main area of study. In addition, this report will also present insights of the modern crisis management techniques adopted by organizations around the world. Furthermore, the report will also throw light on the cases where companies have faced crisis situation and how they dealt and overcame that situation. In this context the company which has been chosen to depict the importance of crisis management and also to reveal how the company surmounted the situation is Nokia.

After that, depending upon the findings of the literature study a conclusion will be drawn. Finally some recommendations will be also provided by which will assist companies to address different forms of crisis. Defining Crisis Eminent scholars have stressed on the fact that crisis is a threat to organizations, an unexpected element and short periods of risk (Akers, 2007, p.11). It can affect every segments of the social order that include educational institutions, non profits, churches, business, families, government etc.

This study will however focus on the issue in the context of an organization. For an organization crisis can be illustrated as an anomalous and uncharacteristic situation or perception, which is beyond the control of an organization and also threatens to impact their operation. Several cases have also pointed out that if a possible crisis is identified at the initial stage, it will have least impact or the impact can be minimized to a large extent. On the other hand if a company fails to determine the possible crisis at the initial stage, it can adversely affect the operation of an organization.

Even in some cases, a crisis can also threaten the survival of a business. Hence for them to survive and operate effectively in the market place, superior crisis management techniques and tools should be in place (Fearn-Banks, 2010, p.2). Defining Crisis Management Crisis management is simply defined as a systematic effort to circumvent or manage the crisis that an organization may face during its lifetime. The concept of crisis management was initiated during the 1980s, when large number of environmental and industrial disasters took place (Barton, 2007, p.5). In order to manage a crisis effectively an organization should consider a systematic approach towards the improvement process as it is indispensable to safeguard the reputation of company along with its brands.

Therefore companies should enlighten their customers about the happening and to some extent is necessary for survival (Khodarahmi, 2009, p.524). Additionally, eminent scholars such as Appelbaum, Keller, Alvarez & Bedard (2012) added that relatively modern concepts such as strategic planning can also be effective in managing organizational crisis to a satisfactory level. The authors also put emphasis on the fact that a number of US corporations are employing this concept to forecast and deal with the issues, threats or problems that are beyond the operating control of the firms.

Discussion Eminent scholars such as Dinant and Miller have identified seminal researchers in the same field of study. They categorized the study into two major groups namely macro and micro sizes. The primary intention of their study was to offer insights regarding the most committed

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Crisis Management Research Paper Example | Topics and Well Written Essays - 2250 words”, n.d.)
Retrieved from https://studentshare.org/management/1462686-crisis-management
(Crisis Management Research Paper Example | Topics and Well Written Essays - 2250 Words)
https://studentshare.org/management/1462686-crisis-management.
“Crisis Management Research Paper Example | Topics and Well Written Essays - 2250 Words”, n.d. https://studentshare.org/management/1462686-crisis-management.
  • Cited: 0 times

CHECK THESE SAMPLES OF Crisis Management

Tourism Crisis Management

This essay gives a brief background of tourism Crisis Management and further argues that it is essential that tourist destinations incorporate planning Crisis Management programs upon their entire sustainable development management and marketing strategies… While it is apparent that tourists are unrestricted to evade destinations that are prone to risk, the penalties of sudden catastrophic events which can be very profound on the tourist destinations are however inescapable....
8 Pages (2000 words) Essay

Analysis of Crisis Management

This essay focuses on Crisis Management that a company makes towards solving challenges and difficulties that may occur in the process of conducting its affairs.... Crisis Management is the process through which a company dedicates its efforts to ensuring that threats that occur without the anticipation of the management are solved professionally and effectively.... These problems or events can occur without the expectation of the organization's management and thus requires quick....
7 Pages (1750 words) Article

Crisis management japan earthquake

and struck the same area that the 2011 earthquake had struck. This earthquake devastated the Crisis Management- Japan Earthquake al affiliation Crisis Management- Japan Earthquake It is unfortunate that Japan has experienced several disasters as a result of earthquakes and Tsunamis.... In fact, Japan has for a long time been known for disaster management skills (Christopher 2014).... henever one is dealing with a crisis, there is need to come up with a disaster management team that will look into the possible ways to quell the effects of the crisis....
2 Pages (500 words) Assignment

Media Crisis Management Plan

In the essay "Media Crisis Management Plan" is to handle the media in case of crisis for a hospital is taken into consideration.... Various aspects such as the available theory and principles of effectual Crisis Management, available options to the management of the hospital in handling media at the time of crisis.... hellip; The above-discussed principles as well as theories relating to an effective Crisis Management plan would facilitate the hospital to manage the media during the occurrence of various crises....
8 Pages (2000 words) Essay

Crisis Management Communication

The following case study entitled "Crisis Management Communication" deals with the effective communication during the crisis which contributes to enabling organizations to handle the pressures associated with the crisis and the response from the public.... According to this model, communication during a crisis takes three steps which include the pre-crisis communication approach, Crisis Management communication and post crisis approaches.... nbsp;… During a time of crisis, attention is turned to the organization and different stakeholders demand to know the approaches that management are adopting to mitigate the situation....
10 Pages (2500 words) Case Study

Aviation Crisis Management

It is also an operational requirement and a growing expectation from the public, stakeholders, lawyers and sometimes a legal requirement… Poor Crisis Management irreparably damages the reputation of an airline which may threaten the airlines continued viability.... On the other hand, proactive Crisis Management protects the airline's reputation and thus increase the overall profitability of the company Many people have expressed great concern about the compromise of their security and safety while flying (Hodgson, Al Haddad, AlZaabi, and Abdulrahim, 2015, p....
8 Pages (2000 words) Coursework

Communication Crisis Management

This paper "Communication Crisis Management " focuses on the solution of a crisis period which will depend upon the action plan.... hellip; Crisis Management is a complex process.... The nature in which a firm interacts with the external and internal environment will determine the effectiveness of a Crisis Management plan.... The Crisis Management strategy needs to acknowledge the communication barrier and use a third party as a means of enhancing communication....
10 Pages (2500 words) Term Paper

Crisis Management - Burns and Fire Disasters

… The paper "Crisis Management Proposal" is a good example of an assignment on management.... The paper "Crisis Management Proposal" is a good example of an assignment on management.... Policy Guidelines The proposal is formulated on a Crisis Management policy and is limited to fire disasters.... The rescue plans should be coordinated by a single individual who should designate a Crisis Management team that will assist in the coordinated efforts....
6 Pages (1500 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us