Description
Book SynopsisThis book presents the theoretical background to risk and corporate crisis management and offers useful methods and techniques applicable to small and medium sized enterprises in the event of disastrous situations such as fire, flood, storm, etc. Unlike the vast majority of literature available in this field, this book: concentrates on small and medium business organisations; presents a comprehensive approach to crisis management involving all aspects of business operations; adopts a systems approach at an organisational and crisis management levels; approaches disaster recovery by identifying targets, instruments and policies during various phases of the crisis management process; and employs commonly available software programs. This series: provides an international perspective to the study of business, with a special emphasis on management and marketing issues; and, deals with such topics as globalization, international business negotiations, cross-cultural communication, entry str
Trade Review"Written from the perspective of an educator and practitioner, Bulgu and Islam's book offers a fresh approach to deal with crisis management in terms of strategic and financial decision-making processes in the much less-represented but continuously growing SME sector... The book is clearly written, reader- friendly, and comprehensive enough to be used as a complementary textbook in related business courses." By - Elisa Muresan, Ph.D., Associate, Risk Solutions, S&P, New York "There is a gap in the literature pertaining to crisis management in SMEs. This book fills in this gap. I believe that the book will be an invaluable resource for all managers, policy-makers and academic researchers concerned with entrepreneurship and SMEs everywhere." By - Professor Basu Sharma, Faculty of Administration, University of New Brunswick, Canada
Table of Contents1. Introduction 2. Planning for Crisis Management: A New Approach 3. The Elements of the New Approach 4. Research Methodology 5. Case Studies 6. Optimisation of Cash Flows 7. Optimal Post-Loss Investment Decisions 8. Strategic Crisis Management Issues 9. Summary and Conclusions