Crisis – Are you ready for the inevitable?

Crisis – Are you ready for the inevitable?

7 years ago 0 0 1149

If you are in business, you should expect a crisis. Whether your organisation survives depends on how you manage it. Is your business in crisis, or have you ever suffered one? Often, businesses don’t know exactly when a crisis begins. A crisis can emerge because of competitive factors, external market factors and change in context, or even from internal actions. A crisis can either make or break an organisation. The way the crisis is handled and managed says a lot about the underlying culture, the underlying values and standards, the resilience of the leadership and the preparedness of the organisation to deal openly and directly with issues as they emerge. A crisis well managed has the opportunity to build massive trust with the communities it serves. It allows the organisation to demonstrate its core values to its target prospects and customers. A crisis badly managed is a recipe for disaster,

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