Business crises can take the form of reduced profits, loss of jobs, or bankruptcy. Often the conscious desire to make changes arises only as a reaction to the pressure and distress caused by a crisis. These types of crises require flexibility, strategy, the ability to take the long view, and the optimal use of resources. If you understand the message of the crisis and accept the challenge, you can overcome the crisis and steer your company in a positive direction.
Change management | Crisis management
