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Crisis management is as essential to an organization as sound financial and personnel management. A clear, effective crisis-management plan is critical to protecting people, maintaining operations, preserving profitability, and, in some cases, ensuring the organization’s survival. Leaders must be able to identify risks, assess rapidly changing situations, and respond appropriately. These capabilities require more than a written plan—they demand ongoing training, preparation, and practice.
Crisis management is as essential to an organization as sound financial and personnel management. A clear, effective crisis-management plan is critical to protecting people, maintaining operations, preserving profitability, and, in some cases, ensuring the organization’s survival. Leaders must be able to identify risks, assess rapidly changing situations, and respond appropriately. These capabilities require more than a written plan—they demand ongoing training, preparation, and practice.