Professional Documents
Culture Documents
handled a crisis. It might have been at home or at work. The purpose of this
session is to take a stock of crisis management dynamics in light of COVID 19
restrictions in the cinemas.
We will dive right in with the basic definition of crisis management. Crisis
management is the process of preparing for and managing any unexpected
emergency situation(s). It may affect the company’s business, stakeholders,
employees, customers and reveue as well. It is also an important component of
public relations as well as operations.
Now the way a crisis is handled may result in loss of sales, customer
dissatisfaction, loss of reputation, increased expenses and a decrease in
customer loyalty. Quite often more than one of these impacts the company in
the ventuality of a crisis.
2) the second one is more recent. It is the infamous crisis where Maggi was
banned all over india.
3) the third example if os Cadbury’s where its milk chocolate bars were found
with worms inside. Blah b lah bklah…
Now, in all of these examples, one common thing stands out…. The importance
of taking important decisions in a short amount of time. And when you are on
the shop floor especiall in todays’ age of social media and internet, the time
available to you has reduced considerably.
And to make this evident,. We are going to attempt a situational question