Pravin Chandan Mentorship Blogs | Business Consultant | Market Strategy

Table of Content: Introduction To Crisis Management Choose The Right Medium Of Communication Anticipating Helps Don’t Use Alarmist Terminology Post-Crisis Analysis Learn The Lessons       Crisis management is often described as steps or activities used by any business to counteract or respond in the face of a major crisis. While it is a relatively younger area of management, it is extremely crucial for the health and growth of businesses in today’s world. Given the pandemic and its unprecedented nature, crisis management is now a top priority across sectors. It is known that the prediction, planning, and forecasting of a crisis and how the business will deal with falls under crisis management, and the ones that emerge, winners, are businesses that predict a crisis much in advance and have an action plan. According to data compiled by McKinsey & Company, the number of headlines that included the word “crisis” and the name of a Forbes top 100 company — and thus ind...

Evolving into an effective and admired business leade r is an asset to any team. And this is a task that takes a lot of practice. If you’re wondering why, it is because a good leader requires several necessary skills in his or her arsenal. These are skills that not only further the business along a successful path but also motivate the team to perform better. While every leader is different and comes with a varied set of qualities, there are a few traits that are common in any good leader. Here are 6 character traits that you need to build in order to be a leader that your teammates and industry players look up to you for:   Honesty is key : It is a given that good leaders are authentic, trustworthy and dependable. Your moral quotient has to be high - one that others can vouch for and something that you must be known for. No matter what this is a quality that cannot waver: whether a deal doesn’t come to fruition or someone offers you unnecessary favours, you stand your gr...