Category: Crisis Management

Introduction The justification and selection of specific management decisions related to financial risks are based on the concept of management decision-making. This theory assumes that decisions associated with risk are always characterized by elements of uncertainty about the specific behavior of the initial parameters, which do not allow one to determine the values of the…

Introduction This report analyzed existing documents related to the preparedness and responsiveness of Massachusetts. First, an extensive documentary base was identified, describing most of the moments associated with various emergencies. One of the central papers is the Comprehensive Emergency Management Plan, which represents a common framework and is complemented by more specialized annexes. Such a…

The Description of a Potential Crisis The provision of high-quality nursing services involves many situations that are heavily affected by the human factor. Professionals in nursing sometimes make mistakes due to their knowledge deficiencies, and it can significantly contribute to the emergence of crises. Such situations require nurse leaders to collaborate with specialists at different…

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 Crisis management in an organization can viewed as a procedure whereby the old systems are no longer maintained so as to mitigate certain threats associated with them.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…

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…

Any crisis situation can significantly affect an organization, demanding immediate strategic actions from a companys 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…

Introduction At present, Toyota faces challenges caused by production globalization, market development, and increasing product complexity. In 2009 due to a pedal problem, Toyota recalled millions of automobiles because of unintentional acceleration and inability to manage the crisis. A quality problem for a brand that has been renowned for its reliability resulted in enormous litigation.…

Pepsi was lately embroiled in an argument over an advertisement published in April 2017. Kendall Jenner, a white model, appeared in the commercial handing cops a can of Pepsi to terminate what seemed to be a Black Lives Matters demonstration (Bowers et al., 2017). Individuals immediately took to social platforms to ridicule the commercial for…

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…