MASTER IN INTERNATIOANAL COMMUNICATION The role of the leader in managing a crisis: Case Study “The Truth is that no one factor makes a company admirable. But if you were forced to pick the one that makes the most difference‚ you’d pick leadership.” (Warren Bennis‚ 1998) Leadership is today`s most contreversial and commented topic. Do we really know what leadership is all about? Today leadership is becomming a more and more a demanding task. John Kotter (2001)‚ a leadership expert
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1. Write below in 10-15 sentences in your own words‚ what were the causes of the recent Global Financial Crises of 2008-2009? Explain how it all started and what happened. The financial crisis of 2008-2009 has been largely and mainly attributed to the paralysis and failure of credit industry including mortgages. People were described to be using money that they don’t have‚ and the failure to repay such debts led to the collapse of the market. Fund sources became dried up because the rate of spending
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2007 when the housing market crashed the whole world was effected. Trillions of dollars have been lost and we are still trying to recover and make sense of all that took place. This economic catastrophe could have been minimized if the proper accounting practices had been followed and if the regulatory framework in place were unassailable. Alan Greenspan‚ in his evaluation of the housing crash stated‚ “...the financial system would have held together‚ had the second bulwark against crisis-our regulatory
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near them. Crisis contains characteristics such as the presence of danger and opportunity‚ seeds of growth and change‚ the necessity of choice‚ complicated symptomology‚ no panaceas or quick fixes‚ universality and idiosyncrasy‚ resiliency and perception. It is seen as a danger because crisis can cause shocking pain to the individual. It is seen as an opportunity because
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The intricacies and challenges in the realization of public housing delivery in Nigeria. By G. O.Mudashir and M.D. Ahmed‚ phD. Department of Architecture‚ Ahmadu Bello University‚ Zaria. e-mail: gafarmudashir@yahoo.com mdahmed58@ yahoo.com Keywords: Housing‚ development plan‚ housing quality‚ housing quantity and housing finance. ABSTRACT While decent housing is important to every individual and nation‚ housing crisis remains one of the global problems and a grave and rising challenge
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many articles on economic aspects going on in various markets. The Housing Market Paradox is an article on the US News website by Andrew Soergel (Economy Reporter) dated September 20‚ 2016. In the article‚ the economist explains how there were low mortgage rates in the past and also interest rates which were near-zero which on his opinion theoretically would have created a housing market characterized by a perfect storm. The housing market prices just like the price of good and the services of other
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Managing crisis before they happen What every executive needs to know about Crisis Management Ian I. Mintroff Amacom ISBN 0-8144-0563-0 Crisis-management : dealing with humancaused disasters – a permanent and prominent feature of today’s societies. Because these kind of disasters are not inevitable‚ the general public is extremely critical of organizations who are held responsible for the crisis. Eliminating crisis completely is impossible but Ian Mintroff argues that a company can
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[Type the abstract of the document here. The abstract is typically a short summary of the contents of the document. Type the abstract of the document here. The abstract is typically a short summary of the contents of the document.] | | | The "Oka Crisis" often brings to mind the often published‚ somewhat famous image of the Mohawk warrior whose face is covered with a bandana‚ dressed head to toe in camouflage equipped with a large gun on his back‚ nose to nose with a military soldier. It is an image
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previous crisis of Mattel included that the products were tainted with lead paint and that some of the products had loose little magnets. Both of these faulted products could have caused harm to the children. This is why it was decided to recall all these products and take measured to prevent this from happening in the future. Various stakeholders were affected by this crisis‚ for example parents‚ children‚ manufacturers and investors. Which is why Mattel had to come with a strong crisis communication
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THE TIGER WOODS’ CRISIS Crises can arise at anytime no matter industry. Crisis management determines how a problem is prepared or handled. It can determine if an image or reputation can be rebuilt (Bernstein‚ 2012). Tiger’s infidelity and car accident qualified as a crisis because it had a negative impact on his life (Brown‚ 2012). Perceptions are more than reality‚ and the perception of Tiger Woods’ as a role model and family man were changed because of his repeated acts of infidelity. Overview
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