Crisis Management: Lessons Learned and Strategies for Resilience in Global Markets

Abstract

A company's ability to weather a crisis is crucial to its continued existence and growth in the modern, globally integrated business environment. The book "Crisis Management: Lessons Learnt and Strategies for Resilience in Global Markets" delves at the tactics that businesses can use to weather storms and adapt to a world that is always changing. important takeaways from previous worldwide crises, including economic downturns, ecological catastrophes, and the COVID-19 pandemic, and how businesses may use these lessons to get ready for what's to come. leadership's responsibility to steer organisations through crises, the significance of preemptive crisis management planning, and the necessity of response activities that are innovative, communicative, and agile. Also covered are ways to keep operations running smoothly, safeguard stakeholder interests, and keep employees engaged even when the future is cloudy. The study draws attention to the essential features of a resilient organisation and offers practical suggestions for enhancing crisis management skills by examining case studies and empirical data.