“Crisis management strategies are the foundation of crisis response
planning for organizations. Without a crisis management strategy,
the companies are more likely to make mistakes that result in
financial loss or lasting damage to the reputation and key
relationships. Moreover, in the absence of a crisis strategy, any
larger organizational strategy is at risk. Through a strategic lens,
Strategic crisis management requires you to analyze both internal
and external threats and vulnerabilities, define a strategy, execute
this strategy, and update the strategy as conditions evolve.
Maintaining open communication and nurturing important
relationships are key dimensions of crisis management strategies.
The consequences of not having a crisis management strategy
include the potential for bad decisions, incorrect or inconsistent
communication, and a longer-than-necessary recovery .The book
“Visionary Leadership in Crisis” by Prof. S P Garg is designed
perfectly. Congratulations and my best wishes.”
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