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Crisis strategy in the company

Nearly 25% of the largest companies do not have any system in the event of a crisis. The development of an effective system that will prevent the occurrence of crisis situations when they actually cannot be avoided is a key element when it comes to the proper management of the company. The crisis strategy in the company is not only a protection against damage to the company's image, but also a very good element that makes the potential losses that the company may incur to be absolutely minimal.

A crisis always means losses for the company

There are many situations in the concept of crisis in the company. They may arise as a result of a poorly conducted advertising campaign, an example of which is the Medicine brand. They can also depend on completely different factors - including economic ones. Often the cause of a crisis in an enterprise may be simply bad communication between individual departments of the company. Paradoxically, very frequent staff changes can also contribute to a crisis in the company.

Take appropriate action and use resources that will help you overcome the crisis

Regardless of what exactly causes the crisis in the company, if appropriate measures are not taken to minimize its effects, the losses - both in terms of image and material - will be huge. According to the Report on Crisis Management in Polish Enterprises, when it comes to the effects of the crisis, 25% companies experienced a decline in revenues, sales and stock exchange quotes during the crisis. In 15% companies, the crisis is causing a forced layoff.

Proper management of a crisis situation generates profits

What is crucial when it comes to managing your business is developing a crisis management system. Even if we have a situation where the specter of a crisis does not loom on the horizon, we must be prepared for it in the right way. It is necessary to develop appropriate procedures for operating in a crisis, implement solutions that will allow for quick and efficient operation. An extremely important element when it comes to creating a crisis management system in a company is communication and the appointment of specific people to whom very precisely defined tasks will be assigned. An extremely important element when it comes to creating a proper crisis management system in a company is shortening the decision-making chain. This is especially true when it comes to crises that infiltrate the media and the Web.

Crisis management has a huge impact on the functioning of the enterprise

Properly planned activities aimed at counteracting the crisis in the enterprise, first of all, eliminate the chaos. It is not only about the chaos related to the flow of information, but also about the actions taken in this particular situation. Thus, a properly planned crisis management system in the company is able to effectively protect our company against losses - whether those related to the loss of trust among customers, whether in terms of staff or, finally, material. It is true that if our company and the people responsible for its proper functioning are properly prepared for even the most extreme crisis situations, the losses that the company may incur as a result of the crisis will be practically unnoticeable.

Do you need help with your business development?

Bartosz Zieliński Managing director

+48 665 379 071
b.zielinski@commplace.pl
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