Management
Management
12th Edition
ISBN: 9781305393462
Author: DAFT, Richard L.
Publisher: South-Western College Pub
bartleby

Concept explainers

Question
Book Icon
Chapter 7, Problem 9DQ
Summary Introduction

To determine:

The potential value of crisis planning.

Introduction:

Planning is a process of making the plan before executing any work. The process of planning includes identification of goals and objectives, formulation of strategies, creating the means required and implementation and monitoring.

Crisis planning is done to deal with the unexpected crisis like the natural disaster, human-made disaster and accidents etc. Crisis planning has its two faces; Crisis preventions and Crisis preparation.

Blurred answer
Students have asked these similar questions
Some people say an organization could never be “prepared” for a disaster such as the shooting at Sandy Hook Elementary School, the Japan nuclear disaster, or the huge BP oil spill in the Gulf of Mexico. Discuss the potential value of crisis planning in situations like these, even if the situations are difficult to plan for.
How can organizations use scenario planning to prepare for uncertainty and potential future challenges? What are the potential benefits and drawbacks of this approach?
Base on the picture, why is scenario planning important in the business or workplace?
Knowledge Booster
Background pattern image
Management
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Principles of Management
Management
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax College
Text book image
Management, Loose-Leaf Version
Management
ISBN:9781305969308
Author:Richard L. Daft
Publisher:South-Western College Pub