Dealing with a crisis is not just one particular event, it is about positioning your business to minimize the effect if a crisis occurs. In fact, it is an issue that needs constant attention. Failure to do so can destroy value and even threaten the very survival of your company. Risks can arise from various sources. Some risks are external to the company, such as interest rates or demand fluctuations or systemic forces like climate change. Others are internal, like technology innovations, model error, brand crisis, or cyberattacks. Managers from different departments may perceive or prioritize risks differently or deal with different risks, but they all must manage risk while balancing resource constraints. In this one-day class, students will learn how to effectively identify, assess, and manage crisis situations, from natural disasters to organizational failures. You will develop your decision-making skills and learn strategies to minimize the impact of crises on your organization. A team of instructors will guide you through real-world case studies and interactive exercises, providing you with the tools to handle crisis situations with confidence and proficiency. By the end of this workshop, you will have a deep understanding of crisis management principles and be able to apply them.

Note that this information may change at any time. Please visit the MyBU Student Portal for the most up-to-date course information.