Crisis Communication – Meaning, Need and its Process
February 12, 2025
The business of banking has witnessed a lot of changes in the past few years. It would be safe to say that the entire business model has been transformed because of intense competition as well as constantly increasing regulatory pressures. The fast pace at which businesses now work makes it mandatory for banks to give […]
Mintzberg and Quin (1991) proposed 4 broad situational factors which can influence the extent to which an organization can change. These factors are organizational age and size, the technical systems of the organization, organizational environment and the nature of control exerted from various sources. Organizational Age and Size: This is one of the most important […]
Organizational diversity enables individuals from diverse backgrounds, religions, communities, age groups, experiences, educational qualifications and so on to work on a common platform, striving hard towards achieving the goals and objectives of the organization within the shortest possible time frame. Management plays an essential role in managing organizational diversity: All individuals need to be treated […]
How Geopolitics Impacts Businesses Geopolitics deals with the relations between nations and the forces that determine the friendly or hostile relations between them. Businesses, on the other hand, operate in a macro and micro external environment wherein the larger economic, political, and social forces as well as the smaller laws of the economy and the […]
The Business Case for Agile Organisations Each age or era in business has its own defining method of doing business. If it was the top down bureaucratic model in the Industrial Era, it was the flatter organisational structure in the services age. Now, as we are on the cusp of the Fourth Industrial Revolution and […]
A sequence of sudden, unplanned and unexpected events leading to instability in the organization and major unrest amongst the individuals is called as crisis.
Crisis generally arises on a short notice and causes major disturbances at the workplace.
Leaders and managers play an extremely important role during crisis.
Your email address will not be published. Required fields are marked *