crisis-management

Vocabulary Word

Definition

'Crisis-management' is about managing situations that could seriously harm a business or organization. It involves planning to handle threats and reducing their impact.

Examples in Different Contexts

In business continuity, 'crisis-management' refers to the strategies and processes implemented by organizations to prepare for, respond to, and recover from crises. A business continuity planner might say, 'Effective crisis-management ensures our operations can withstand unexpected disruptions and minimize financial losses.'

Practice Scenarios

Tech

Scenario:

We've detected a potential security breach in our system. It's critical we respond swiftly and thoroughly to contain the threat.

Response:

We should activate our crisis-management protocol to handle this security breach and mitigate potential damage.

Public-Policy

Scenario:

We have a growing health crisis covering multiple cities. Our policies should be responsive and flexible to confront this situation.

Response:

Let's implement our crisis-management plan to control the health crisis and ensure public safety.