Articles: 1,400 · Readers: 740,000 · Views: 2,209,961 Effective crisis management is crucial for organizations, as it helps to navigate through unexpected events that can potentially disrupt operations.
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Crisis management occurs during and after an event (such as the outbreak of a fire). Crisis management asks ‘What now?’ questions.
Contingency planning, or disaster-recovery planning, refers to prepare for potential disruptions to a business organization in case of crisis.
All business organizations in the world, irrespective of their size and industry, face the risk of experiencing business crisis. Here are details.
This is a 1982 business management book written by Tom Peters and Robert H. Waterman Jr. looking for traits of successful companies.
After deciding on the future direction of the business, its vision and mission, aims and objectives, the business must now conduct strategic implementation.
Strategic choice refers to choosing the option to get where the business wants to be from previously identified opportunities.
Strategic Analysis refers to analyzing where the business is now by looking at its current situation, and where it aims to be in the future.
Business Process Management (BPM) is a disciplined approach to improving the efficiency, effectiveness, and agility of business processes.
Determining the 'world's largest companies' depends on how you define 'largest'. It depends on what aspect of you consider most important.
Enterprise Resource Planning (ERP) uses a company-wide computer software system to manage resources. The use of a single computer application.
The specific corporate strategy that a company chooses will depend on its unique goals and circumstances. Here are some examples.
In general, corporate strategy is how the business gets from where it is to where it wants to be in the future. It requires making the key decisions.
This article introduces reasons for international trade and benefits of free trade. It explains the theories of Absolute Advantage and Comparative Advantage.
Without strategic management, business decision would be made only within each functional department, and without considering external constraints.