5.7 - Crisis Management And Contingency Planning Flashcards
What is crisis management
A crisis is a period of extreme difficulty or danger therefore crisis management is the process of dealing with it
When does crisis management occur
After crisis
Why do we implement crisis management
Minimising the effects of a crisis
How does crisis management work
A reactive approach, AD HOC
What is contingency planning
Preparing an action plan for a protection crisis
When does contingency planning occur
Before a crisis
Why is contigency planning implemented
To prevent a crisis
How does contingency planning work
Proactive approach, bureaucracy
What factos determine how successfully a organisation manages a crisis depends on what 4 factors
- transparency
- communication
- speed
- control
Define transparency
The extent of which infomornation regarding cost, damage, consequences etc. is available to reverent steak holders
What happens when there is to much transparency
Managers are perceived as incompetent and not being able to take the situation under control
What happens when there is to little transparency
Steak holders are healed in dark, they panic and don’t trust managers
What is the best solution to transparency
Be transparent, but not disclose everything at once
Define communication
Establishing reliable official Chanel’s for spreading up to date information
What happens when there is to little communication
Steak holder get in for from unreliable sources
