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7 Critical steps to
Crisis Management
Aziz Nizamani
Inside Management
Definition:
Crisis Management the process by
which a business or other
organization deals with a sudden
emergency situation.
* 7 Critical step can for every
company should have in place &
Size context.
Step 1: Have a plan
Every plan begins with clear objectives.
The objectives during any crisis are to protect any
individual (employee or public) who may be
endangered by the crisis, ensure the key audiences
are kept informed, and the organization survives.
This written plan should include specific actions that
will be taken in the event of a crisis.
Step 2 : Identify a spokesperson
If the crisis could potentially impact the health or
well-being of customers, the general public or
employees, it may attract media attention.
To ensure your company speaks with one voice and
delivers a clear consistent message, a spokesperson
must be identified as well as prepared to answer
media questions and participate in interviews.
Step 3: Be honest and open
Nothing generates more negative media coverage
than a lack of honesty and transparency.
Therefore, being as open and transparent as possible
can help stop rumors and defuse a potential media
frenzy.
This transparency must be projected through all
communications channels: news interviews, social
media, internal announcements, etc.
Step 4: Keep employees informed
Maintaining an informed workforce helps ensure that
business continues to flow as smoothly as possible.
It also minimizes the internal rumor mill that may
lead to employees posting false reports on social
media.
Step 5: Communicate with customers and
suppliers
You do not want customers and suppliers to learn
about your crisis through the media.
Information on any crisis pertaining to your
organization should come from you first.
Part of the crisis communications plan must include
customers and suppliers and how they will be
regularly updated during the event.
Step 6: Update early and often
It is better to over-communicate than to allow rumors
to fill the void.
Issue summary statements, updated action plans and
new developments as early and as often as possible.
Remember that with today's social media and cable
news outlets, we live in a time of the 24/7 news
cycle.
Your crisis plan must do the same.
Step 7. Don't forget social media
The Ebola crisis and other recent major news events
have all confirmed that social media is one of the
most important channels of communications.
Be sure to establish a social media team to monitor,
post and react to social media activity throughout the
crisis.
A crisis that is not managed well can wipe out decades of
hard work and company value in a matter of hours.
A well-managed crisis confirms that your company has the
processes and procedures in place to address almost any
issue that may develop.
Overview
Another critical component of crisis management planning is the
establishment of a succession plan.
You should clearly outline the necessary steps to follow if you
suddenly become unable to perform your duties.
This plan may include selling the company, or transferring
ownership to family members or key employees.
What is most important is that you create the crisis management
plan when everything is running smoothly and everyone
involved can think clearly.
By planning in advance, all parties will have time to seriously
think about the ideal ways to manage different types of crises.
As you develop your crisis management plan, seek advice
from the experts that include your leadership team,
employees, customers, communications experts,
investment bankers, exit planners, lawyers and financial
managers.
Each of these individuals can provide you valuable insight
that could be critical should a crisis strike your company.
References: 1) Christopher Britton is the Chief Operating Officer for RockDove Solutions,(2) Mgtgrapes, (3) Crisis Management Audit Book
if any feedback
email :aziznizamani@yahoo.com
Tele: +923322608257

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7 critical steps to crisis management

  • 1. 7 Critical steps to Crisis Management Aziz Nizamani Inside Management
  • 2. Definition: Crisis Management the process by which a business or other organization deals with a sudden emergency situation. * 7 Critical step can for every company should have in place & Size context.
  • 3. Step 1: Have a plan Every plan begins with clear objectives. The objectives during any crisis are to protect any individual (employee or public) who may be endangered by the crisis, ensure the key audiences are kept informed, and the organization survives. This written plan should include specific actions that will be taken in the event of a crisis.
  • 4. Step 2 : Identify a spokesperson If the crisis could potentially impact the health or well-being of customers, the general public or employees, it may attract media attention. To ensure your company speaks with one voice and delivers a clear consistent message, a spokesperson must be identified as well as prepared to answer media questions and participate in interviews.
  • 5. Step 3: Be honest and open Nothing generates more negative media coverage than a lack of honesty and transparency. Therefore, being as open and transparent as possible can help stop rumors and defuse a potential media frenzy. This transparency must be projected through all communications channels: news interviews, social media, internal announcements, etc.
  • 6. Step 4: Keep employees informed Maintaining an informed workforce helps ensure that business continues to flow as smoothly as possible. It also minimizes the internal rumor mill that may lead to employees posting false reports on social media.
  • 7. Step 5: Communicate with customers and suppliers You do not want customers and suppliers to learn about your crisis through the media. Information on any crisis pertaining to your organization should come from you first. Part of the crisis communications plan must include customers and suppliers and how they will be regularly updated during the event.
  • 8. Step 6: Update early and often It is better to over-communicate than to allow rumors to fill the void. Issue summary statements, updated action plans and new developments as early and as often as possible. Remember that with today's social media and cable news outlets, we live in a time of the 24/7 news cycle. Your crisis plan must do the same.
  • 9. Step 7. Don't forget social media The Ebola crisis and other recent major news events have all confirmed that social media is one of the most important channels of communications. Be sure to establish a social media team to monitor, post and react to social media activity throughout the crisis.
  • 10. A crisis that is not managed well can wipe out decades of hard work and company value in a matter of hours. A well-managed crisis confirms that your company has the processes and procedures in place to address almost any issue that may develop. Overview
  • 11. Another critical component of crisis management planning is the establishment of a succession plan. You should clearly outline the necessary steps to follow if you suddenly become unable to perform your duties. This plan may include selling the company, or transferring ownership to family members or key employees. What is most important is that you create the crisis management plan when everything is running smoothly and everyone involved can think clearly. By planning in advance, all parties will have time to seriously think about the ideal ways to manage different types of crises.
  • 12. As you develop your crisis management plan, seek advice from the experts that include your leadership team, employees, customers, communications experts, investment bankers, exit planners, lawyers and financial managers. Each of these individuals can provide you valuable insight that could be critical should a crisis strike your company. References: 1) Christopher Britton is the Chief Operating Officer for RockDove Solutions,(2) Mgtgrapes, (3) Crisis Management Audit Book
  • 13. if any feedback email :aziznizamani@yahoo.com Tele: +923322608257