Preparation for crisis management is often overlooked. While it is always important to prepare for the unknown, it is essential in recent times when uncertainty is especially prevalent. According to a study by the ODM Group, 79 percent of decision makers believe that they are about a year away from a potential crisis—however, only 54 percent of companies have a crisis plan in place.
How can we improve crisis management in the workplace? Can we expect the unexpected? What can we learn from those facing extreme crises on a regular basis? This month’s edition of the SAGE Business Bulletin looks closely at this issue.
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