Crisis Management

Crisis management is a special managerial discipline that focuses on business management (also project management etc.) in case of crisis. It is focused on preparation for a crisis situation and on prevention of these situations. If the organization already finds itself in a crisis situation, it follows the crisis plan.

Crisis management methods and analytical techniques used in crises management:

• Crisis Plan
• Forecasting
• Pareto Principle
• Scenario technique
• SMART – objectives suggestion
• Winterling crisis matrix

In crisis situations the management regime is usually totally changed. The crisis manager gets more authority for quick decision making. In crisis situations the common organizational structure of the organization and other common rules are often not valuable.