In any field, whether business or medicine, making preparations to deal with the crisis is a necessity and not a luxury. There is an odd percentage that the organizations are likely to suffer a crisis or disaster at some point in time. The management in the organizations cannot say that they are not ready; it is demanded by the intense government and public scrutiny today that the organizations are well prepared to deal with such disasters and calamities that may occur any time. The business simulation projects are basically the simulation that is utilized for business analysis or training and are usually numeric-based or scenario-based.
Crisis Management
The process of arises management refers to the types of activities that are undertaken respond to a chief threat to any organization, person, or group. It represents a comparatively newer management capacity and a typical proactive crisis management includes an array of activities such as making forecasts for the potential crises and planning ways to tackle them. Majority of the people call it risk management instead of the crisis management. This prepares the organizations to keep with them the resource and sufficient time to develop and implement a crisis management plan prior to experiencing any sort of crisis. The countering of a real crisis includes the implementation of a crisis management plan which comprises of the identification of the current crisis in its actuality, and then managing for intervention in order to minimize damage and recovering from the crisis (Coombs, 1999). The subject of crisis management mostly entails intense focus on the values and worth of public relations for recovering any threats to guarantee stakeholders and safeguarding public image y indicating that recovery is underway.
Learning from Crisis Management Simulation
The exercise of the crisis management simulation is a method of training groups and individuals which is customized according to the situations and circumstances of all the organisations. These organizations may be managed by the senior executives who possess prominent and commendable experience in handling the situations of the crisis management. The severity of the atmosphere presenting a prominent crisis poses challenges and problems to the higher management in order to make crucial decisions and counter the ultimate consequences in a successful manner (Shrivastava, Mitroff, Miller, Miglani, 1998). The simulation based learning of the crisis management is further boosted by reviewing numerous cases of the real life crisis. The crisis management simulations also support the individuals and groups with the sustained and immediate help with serious and real problems when they arise.
The programs of the crisis management are conducted in such a manner that an entire day is spent on follow-on learning and simulation by the top team. The selected alternatives are managed and run in an intense atmosphere which has been compressed to a timescale of real life. The videos are utilized to key decisions and record conversations; the behaviors of the individuals are recorded and analyzed through the simulations. Each simulation is just as real as is the real-life crisis ...