115-0590/01 – Crisis Management (CRMAN)

Gurantor departmentDepartment of ManagementCredits4
Subject guarantordoc. Ing. Marie Mikušová, Ph.D.Subject version guarantordoc. Ing. Marie Mikušová, Ph.D.
Study levelundergraduate or graduate
Study languageEnglish
Year of introduction2013/2014Year of cancellation2013/2014
Intended for the facultiesEKFIntended for study typesFollow-up Master
Instruction secured by
LoginNameTuitorTeacher giving lectures
MIK90 doc. Ing. Marie Mikušová, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit and Examination 2+1

Subject aims expressed by acquired skills and competences

1. Identify signals of an impending crisis. 2. Analyse the crisis threat to the company. 3. Propose the composition of the crisis team and ways to train it. 4. Identify the key points of the business recovery strategy. 5. Categorise types of crisis, classify the causes, course and consequences of a crisis. 6. Apply the principles of crisis communication. 7. Estimate the potential development of a crisis in a company. 8. Evaluate the crisis vulnerability of the enterprise, create a crisis scenario. 9. Develop a simple crisis plan for the enterprise, create an early warning system.

Teaching methods

Lectures
Individual consultations
Project work

Summary

Crises management is defined as a summary of managerial activities aimed at broad problematic, beginning with risk evaluation, through planning and organizing all the way to realization and verification of all activities performed in connection with the crises situation solution. After the subject completion, the student gains: clear idea about what is business crises and its management, enough information about the issues of business crises today and what kinds can we expect tomorrow, what does it take to manage them and also inspiration for his/her own effective steps in the field of crises management. To achieve these targets the subject is aimed at crises with economic characteristics – from its typology, symptoms, revitalization process, and prevention principles to way of closing the business. The subject emphasizes secure business continuity, which derives from complex approach to prevention, reaction to crises situation, consequence minimization and recovery from the crises situation. It considers securing continuity as a continuous process and as a set of countermeasures, which can prevent, overcome or significantly reduce the influence of interfering factors onto smooth and undisturbed activity.

Compulsory literature:

BRANT, Barb. Change Management that Sticks: A Practical, People-centred Approach, for High Buy-in, and Meaningful Results. Auckland: Barb Grant, 2023. SBN 978-1991185709 COX EDMONDSON, Vickie. The Thinking Strategist: Unleashing the Power of Strategic Management to Identify, Explore and Solve Problems. 2nd ed. Bingley: Emerald, 2022. ISBN 978-1803825625. MOHANAN, Brendan. Strategic Corporate Crisis Management. London: Routledge, 2022. ISBN 978-1032107370.

Recommended literature:

CAMPBELL, Harvey R; RATTRAY, Sandy a Van HERMERT, Otto. Strategic Risk Management: Designing Portfolios and Managing Risk. London: Wiley, 2021. ISBN‎ 978-1-119-77391-7. GILLESPIE, Andrew. Economics for Business. Oxford: Oxford University Press, 2019. ISBN 978-019-878-603-0. HENRY, Anthony, E. Understanding Strategic Management. 4th ed. Oxford: Oxford University Press, 2021. ISBN 978-019-885-983-3.

Way of continuous check of knowledge in the course of semester

presentation of essays and discussions

E-learning

In this course the form of E-learning is preferred. Teaching is carried out through consultation and regular lectures. Study materials are put into the internal system LMS. Students can make a consultation with the teacher. Students fulfill their obligations by writing essays and passing a written or oral examination.

Other requirements

advanced knowledge of management and economics subjects

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

1 Crisis • Admitting the crisis, Signals of a crisis 2 Stakeholders 3 Crisis team 4 Damage incurred 5 Diagnosis • Analyses, The type of crisis, Strategy of coping with a crisis 6 Crisis interventions • Recovery (revitalization) plan, Crisis stabilization, New management, Stakeholder management, Change of organization strategy, Critical process of improvement, Organizational changes, Financial restructuring, Evaluation of crisis management results and their use for prevention, Restoration of credibility 7 Communication with stakeholders 8 Termination of a crisis (putting a crisis to an end) 9 Prevention of a crisis • Finding bottlenecks, Crisis plan, Procedure for drawing up a simple crisis plan, Crisis team, Information, Preparation of room for the management of unexpected events Training and preparation of managers for prevention and management of business crises: 1. The practice of crisis management in organizations and the desirable focus of the education system in this area 2. Factors influencing the course of a crisis • Personal approach of the manager to the preparation for a crisis event, Conditions for preparation for a crisis, Subsystems of preparation and training 3. Requirements placed on the preparation of a manager

Conditions for subject completion

Conditions for completion are defined only for particular subject version and form of study

Occurrence in study plans

Academic yearProgrammeBranch/spec.Spec.ZaměřeníFormStudy language Tut. centreYearWSType of duty

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner
Incoming students 2013/2014 Full-time Czech Choice-compulsory 163 - International Office stu. block

Assessment of instruction

Předmět neobsahuje žádné hodnocení.