Financial and Administrative Crisis Management
Turn Crisis into a Great Opportunity for Success
What you'll learn
- Understand the definition, causes and types of a crisis
- Use crises to the company's advantage
- Learn strategies for getting out of a debt crisis
- Handle financial crises
- Deal with technology crises and reputation crises
- Address crises of administrative organization and hiring talent
- Deal with political crises and supply chain crises
- Develop decision making and problem solving skills
About this course
This course teaches financial and administrative crisis management inside companies, and how to deal with crises and turn them into a chance for success. It starts with an introduction, then defines a crisis, its causes and its types, and shows how companies can use crises to their advantage, along with the definition of a financial crisis. Next you learn strategies for getting out of a debt crisis in two parts, how to handle financial crises, then technology crises, reputation crises and dealing with consumers, as well as crises of administrative organization, hiring talent and human resources planning. After that the course covers political and government crises, the crisis of managing supply chains and tips for dealing with crises, with real examples of companies that managed crises well, and it closes with the skill of decision making and problem solving. The course suits managers, company owners and employees in administrative and financial roles. No previous experience is needed, although a basic understanding of the work environment helps. By the end, you will be able to understand the causes of a crisis, analyze it and choose the right decision to deal with it.
Expected outcomes
- Manage financial and administrative crises efficiently.
- Develop strategic plans to overcome crises and reduce their impacts.
- Enhance decision-making and problem-solving skills.
- Ability to handle political and technological crises professionally.
Learner reviews
Course content
1Financial and Administrative Crisis Management in Companies
13 lectures
- Course IntroductionGives an overview of the financial and administrative crisis management course content and who benefits from it.8:36
- Definition of Crisis, Causes of Crises, and TypesDefines a crisis as a complex problem difficult to solve by traditional means and reviews its managerial causes and various types.19:29
- Leveraging Crises for Companies Professionally and Defining Financial CrisisExplains steps to turn a crisis to the company's advantage, such as communicating with suppliers and appointing an official spokesperson, and defines financial crises and their causes.12:21
- Debt Crisis Exit Strategies (Financial Crises) Part OneExplains the first four strategies for getting out of a debt crisis, such as prioritizing debt repayment, continuing operations, and selling non-profitable assets.10:53
- Debt Crisis Exit Strategies (Financial Crises) Part TwoExplains the remaining four strategies for getting out of a debt crisis, such as saving, negotiating with suppliers, consolidating debts, and using government facilities.10:06
- Financial Crises and How to Deal with ThemReviews the causes of financial crises such as economic recession and currency fluctuations, and tips for dealing with them like testing the market with small amounts.17:30
- Explaining Technological Crises and Reputation Crises and Consumer Interaction CrisesExplains the causes of technological crises like system failures and hacking attempts, and ways to protect company reputation and handle consumer complaints.22:04
- Explaining Administrative Organization Crises and Talent Management Part OneExplains the causes of administrative organization crises such as the lack of an organizational structure and authority matrix, and the importance of hiring the right talent.11:38
- Explaining Administrative Organization Crises and Talent Management Part Two & Human Resource PlanningContinues discussing the management of administrative organization crises and explains the importance of human resource planning and defining the skills required for jobs.22:50
- Political and Governmental Crises and How to Deal with Them and Supply Chain Management Crisis & Tips for Dealing with CrisesExplains how to deal with political and governmental crises through quickly finding alternatives, and the causes of supply chain crises and how to manage them.16:21
- Real Examples of Companies That Managed Crises WellPresents real examples of major companies that dealt with reputation, quality, and competition crises and turned them into opportunities.13:18
- Decision-Making and Problem-Solving Skills Part OneExplains the difference between decision making and decision taking, and defines a problem as a deviation from what was planned.12:34
- Decision-Making and Problem-Solving Skills Part TwoExplains the stages of problem-solving, from recognizing the problem and setting a timeframe, through gathering information, to generating and evaluating alternatives and applying the best one.13:31
Instructor
Ahmed Hamida
This course is part of the following diplomas
