The Management of Crisis

Abstract

Many business leaders defines a time of crisis as a moment which completely hinders societyactivity which ultimately leads to bankruptcy they prefer the choice of resentment downturn and do notconsider it a key moment for the renewal ideas, ways of thinking, of policies and strategies adopted thatmobilize around new ambitions, new development projects, new sales models, new businesses, new marketsand do a crisis a moment of creation and innovation and collective revitalization.The purpose of this article is to study the various steps of the management of crisis and best managementpractices in times of crisis to be applied properly by the manager. Therefore, we would have to ask thefollowing question: How can we ride a situation of crisis and provide benchmarks based on bestmanagement practices?