115-0390/01 – Crisis Management (KRM)

1. Understand the nature and development of corporate crises – students will be able to recognize the features, types, and causes of crises and understand their processual character. 2. Analyse the condition and vulnerability of a company – students will learn to use crisis diagnosis tools, determine the level of a company's crisis vulnerability, and assess the company's ability to continue operating. 3. Propose crisis resolution procedures and revitalization strategies – students will acquire skills to select and apply appropriate measures to handle crisis situations and restore the company. 4. Create and use crisis plans and scenarios – graduates will be able to prepare crisis scenarios, simple crisis plans, assemble a crisis team, and use early warning systems. 5. Apply theoretical knowledge to practical examples – students will be able to link theory with practice when solving model tasks and project-oriented assignments in the field of crisis management.

The course Crisis Management provides students with a comprehensive view of corporate crises, their emergence, course, and effective management methods. The introductory part of the course focuses on the nature of crises, their characteristics, sources, and current trends affecting the business environment. Students are introduced to various approaches to crisis management and learn how crises arise in companies and what types and characteristics they may have. Emphasis is placed on understanding the process-oriented nature of crisis development, its causes, and the specifics of managing it. A significant part of the teaching is devoted to the actual procedure for resolving a corporate crisis, identifying early warning signs, analyzing causes, and choosing appropriate measures. Students learn to assess a company's ability to continue operating and recognize the factors that influence this ability. Within this framework, prerequisites for the company's long-term existence, building its resilience, and sustainable operational strategies are also discussed. The next part of the course elaborates on the principles and tools of crisis management and provides an overview of revitalization strategies, their key elements, and methods of implementation. It also includes crisis preparedness through the creation of crisis scenarios and plans, the work of crisis teams, and the implementation of early warning systems. Attention is also given to general methods of ending crises, specifics of valuing companies in crisis, and methods of analyzing their vulnerabilities. An integral part of the training is crisis communication, focused on managing both internal and external communication in challenging situations. The course also covers risk management, which is closely related to crisis prevention and the overall strengthening of corporate stability. The course is project-oriented and emphasizes the application of theoretical knowledge in practice. Students work on practical tasks, case studies, and their own project proposals, allowing them to test and develop the skills needed to handle real-life situations. The course is intended for students who want to understand the dynamics of crisis development and resolution, master modern tools and procedures that enable organizations to successfully face unforeseen situations, and at the same time apply theoretical knowledge when solving practical examples in a project-oriented environment.

FALCONE, Paul. The First-Time Manager: Leading Through Crisis (First-Time Manager Series). Nashville: HarperCollins Leadership. 2023. ISBN 978-14-002-4230-6. KLEIN, Štěpán. Firma v krizi. Praha: Effento, 2020. ISBN 978-80-270-7778-6. SCHÖNFELD, Jaroslav a kol. Transformace a restrukturalizace podniku. Praha: C.H. Beck. 2018. ISBN 978-80-7400-690-6.

Discussions during seminars.