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A company's leadership plays a crucial role in crisis management. They are responsible for creating and implementing a crisis management plan, making key decisions during the crisis, and communicating effectively with stakeholders. They also need to ensure the company's operations, finances, and reputation are protected and restored as quickly as possible.
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A crisis in business is an event that can potentially put a venture's success and health at risk by affecting operations, finance, staff or company's reputation. It can be caused by internal or external factors and because business crises are common and can be quite acute, it is crucial to have a plan for crisis management.
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In face of uncertainty and disruption, use our COVID-19 Crisis Management deck to undertake the current challenges of your business, develop recovery...