Crisis Management

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Dictionary Says

Definition of 'Crisis Management'

The identification of threats to an organization and its stakeholders, and the methods used by the organization to deal with these threats. Due to the unpredictability of global events, organizations must be able to cope with the potential for drastic changes to the way they conduct business. Crisis management often requires decisions to be made within a short time frame, and often after an event has already taken place. In order to reduce uncertainty in the event of a crisis, organizations often create a crisis management plan.
Investopedia Says

Investopedia explains 'Crisis Management'

Unlike risk management, which involves planning for events that might occur in the future, crisis management involves reacting to an event once it has occurred. An oil company for example, may have a plan in place to deal with the possibility of an oil spill, but if such a disaster actually occurs, the magnitude of the spill, the backlash of public opinion and the cost of cleanup can vary greatly and may exceed expectations.
Search results for

'Crisis Management'

  • Crisis Management Strategies For Business Owners

    http://www.investopedia.com/articles/financial-theory/10/crisis-management.asp
    Crisis Management Strategies For Business Owners. ... It may also be necessary to hire
    a public relations firm or expert consultant in crisis management techniques. ...

  • Public Relations: Offering Businesses A Competitive Advantage

    http://www.investopedia.com/articles/financial-theory/10/public-relations-competitive-advantage.asp
    ... In these cases, public relations is often called "crisis management." Reflecting
    the importance of public relations as a marketing tool on a par with ...

  • Sonic Stuck In Neutral

    http://stocks.investopedia.com/stock-analysis/2012/Sonic-Stuck-In-Neutral-SONC-WEN-CMG-MCD0106.aspx
    ... McDonald's (NYSE:MCD) and Chipotle Mexican Grill (NYSE:CMG), Sonic has yet to see
    sales recover from the depths of the credit crisis. Management was encouraged ...

  • Fannie Mae, Freddie Mac And The Credit Crisis Of 2008

    http://www.investopedia.com/articles/economics/08/fannie-mae-freddie-mac-credit-crisis.asp
    ... in Congress contributed to the largest financial and economic crisis since the ... backing
    was working mostly to benefit the companies, their management and their ...

  • Securities Lending: Cause Of The Next Financial Crisis?

    http://www.investopedia.com/articles/stocks/09/securities-lending-concern.asp
    ... beginning at the start of 2008, refer to The 2007-08 Financial Crisis In Review ... Some
    examples: Investing and charging a management fee on collateral put into an ...

  • Patience Will Pay At Wells Fargo

    http://stocks.investopedia.com/stock-analysis/2011/Patience-Will-Pay-At-Wells-Fargo--WFC-PNC-C-BAC-ZION-UMPQ-FCNCA0722.aspx
    ... good ole days, Wells Fargo ran a tight ship and this move might be a sign to the
    Street that management is moving away from a crisis management philosophy to a ...

  • Credit And Debt Management: Reducing Debt | Investopedia

    http://www.investopedia.com/university/credit-debt-management/management5.asp
    ... and a good testament to this fact is the global credit crisis of 2008. ... Next: Credit
    And Debt Management: Debt Collection And Bankruptcy ยป. Table of Contents. ...

  • Corruption And Scandal Don't Make News Corp A Bargain

    http://stocks.investopedia.com/stock-analysis/2011/Corruption-And-Scandal-Dont-Make-News-Corp-A-Bargain-NWS-LBTYA-CBS-VIA-DIS0718.aspx
    ... (For a couple of strategies to over come this scandal, read Crisis Management
    Strategies For Business Owners.). Get Free Stock Analysis By Email. ...

  • 4 Ways To Weather An Economic Storm

    http://www.investopedia.com/articles/pf/09/surviving-an-economic-crisis.asp
    ... Batten Down the Hatches Warren Buffet derides management that embarks on cost cutting,
    as good management shouldn't need to be prompted to control costs ...

  • Credit Crisis: Historical Crises | Investopedia

    http://www.investopedia.com/university/credit-crisis/credit-crisis2.asp
    ... The crisis soon spread, eventually reaching Russia in the summer of 1998. ... to safety"
    caused massive losses for the hedge fund Long-Term Capital Management (LTCM ...

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