Risk Tips Issue # 33: Preparedness Towards Crisis Management Using Risk Management Plan
- Jul 16, 2018
- RIMAN, Wikipedia, ICM, Bizmanualz
A crisis is an event that occurs at a specific point in time; it is usually something that is unforeseen, public in nature and has the potential to cause great harm to an organisation in terms of finances, revenues, reputation, market positioning and service delivery.
Crisis Management is the process by which an organization deals with a disruptive and unexpected event that threatens to harm the organization or its stakeholders.
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