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Informative Articles

Debt Management in the UK
Debt management, as defined in the UK, is a course of action where a reduction in repayment amount and/ or interest charges is negotiated with unsecured creditors, when you are no longer able to meet your repayment requirements. For some...
Debt Management Plans - Things You Must Do To Avoid Pitfalls
Most people are involved in some type of financial transaction or decision every day. Sometimes they can get way behind in their debts and financial obligations with no clear way to pay them off. Some resort to debt management plans, which can help...
Management wants faster implementation of new Organizational Strategy. (Part II.)
Management wants faster implementation of new Organizational Strategy. (Part II.) ============================================================ This week, I will continue the discussion from last week's PVT, where we discussed four steps to...
Positions in Time Management
What are our positions in time management? Time management is the process of planning to reach a goal, and finding a solution that helps us to reach that goal. This article should be relatively short, since the words above should be more...
Time Management Progressed
In order to develop a time management scheme that works with our intended goals, we have to learn some of the basic layouts in planning time management. To develop a successful time management scheme we must evaluate time and calculate it...
 
Crisis Management Tips


The term crisis management has different connotations. In this article, I will try to provide pointers that can be used in most situations:

Is It A Crisis In The First Place?:

This question is important to ask, as there are many situations that go wrong because the right person to handle it is not around. You may be in charge of a project until your supervisor comes back and are unable to contact him during a crisis. You have to make your own decisions in his absence and your action is dependent on the level of authority given.

The Big Picture:

It is not easy to handle a crisis if you are not aware of the all the facts. If your role is a leader, you have to be detached from the emotional side of the crisis and rationally take stock of how to move on. Again, this is not as easy as it sounds as you may have long-time colleagues who are involved in this crisis.

The Relevant Team:

It is important to be able to meet up with the relevant team to discuss about the situation. This is to ensure that the team is able to analyse and make a united stand about handling this crisis. This team should also comprise of the authorities, if the crisis is serious.

The Timeline:

You must construct a timeline and ensure that each process scenario is highlighted. This practice will be a check to prevent your team from spending too much time in one aspect of handling the crisis.

Procedural Manual:

Is there an organizational situational manual that you can use for this situation? Are you able to recollect the tips that were given to you when you participated in a mock drill?

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Experts:

You should get external experts to access the situation if the crisis is totally unanticipated. However, you must have had a close-door meeting with your inner circle. This is essential, as you do not want to unnecessarily reveal confidential information to external parties.

Speaking To The Media:

It is important to prepare a press kit-which provides a full detailed report about the crisis. If you are comfortable to conduct a press interview, you have to ensure that you have the full details first.

Your Communication Style:

You have to ensure that your communication style is in sync with the crisis. Remember to be forthcoming with reliable information and try not to speculate. This will also ensure that the victims’ immediate families do not overly worry. It will also not help if you come across as very emotional in the media as you want to communicate that your organization has everything under control.

Beyond Your Control:

If the crisis involves the loss of lives, it is not unthinkable that your credibility and organisation’s reputation is put into question. Assuming that the crisis was beyond your organisation’s control, you have to stick to your best judgement and not be led into a debate that may open your organisation to possible legal action.

Colin Ong TS is the Managing Director of MR=MC Consulting (http://www.mrmc.com.sg) and Founder of the 12n Professional Networking Community (http://www.mrmc.com.sg/12n)


colin@mrmc.com.sg