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Crisis Management PowerPoint Presentation

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Crisis Management Presentation Transcript

Slide 1 - Crisis Management
Slide 2 - It is the systematic attempt to avoid organizational crises or to manage those crises events that do occur (Pearson & Clair, 1998). A crisis is a major, unpredictable event that harms an organization and its stakeholders.
Slide 3 - Organizational crises are of four types: Sudden crises: fire, explosion, natural disasters, workplace violence, etc. Smoldering crises: Problems or issues that were small in the beginning and could have been fixed if someone was paying attention. Bizarre: A very unusual or strange crises like finger in the Wendy’s Restaurant Chilli. Perceptual crises: The crises Problem Procter & Gamble used to have with their previous corporate logo consisting of half moon and stars, which people say were symbols of devil-worship and hence people rejected P&G products.
Slide 4 - Benefits of Crisis Management It helps to analyze the situation from inside and outside the organization as stakeholders might perceive it. It provides better organizational toughness for all stakeholders. It helps organizations to follow regulatory and ethical requirements, like, corporate social responsibility. It improves awareness of the staff about their roles and expectations within the organization. It helps in better and improved risk management so that risks are identified and reduced.
Slide 5 - Helps in better management of serious incidents or any incident that could become serious. Increases ability, confidence and morale within the organization. Techniques to prevent the possible spread of damage are developed. It helps to protect and improve the reputation of the organization and reduces the risk of post event legal actions. Crisis Management Benefits
Slide 6 - Thank You