For the professional manager, finance is the empirical discipline that translates operational activity into measurable economic outcomes. It is the language of value creation, resource allocation, and risk control.
Posts tagged as “crisis management”
From crisis management to crisis leadership is a phrase often used to describe a shift in organizational philosophy from a reactive, damage-control approach to a proactive, forward-looking way of leading through unexpected and high-stakes events.
A business crisis, whether stemming from a natural disaster, an economic downturn, a cybersecurity breach, or a reputational scandal, presents an existential threat to an organization.
The "burden of risk" in a business refers to the responsibility a party has to bear potential losses or damages associated with a specific activity or situation.
Traditional PR (Public Relations) refers to the time-honored practices and strategies used to manage a brand's reputation and communicate its messages through established, "offline" media channels.