Interest

Crisis management as strategic competence in companies

By |2021-08-18T09:40:39+02:00 16 August, 2021|Interest, Norms & Standards|

The new technical specification DIN CEN/TS 17091:2019 "Crisis management - Guidance for developing a strategic capability" calls for a strategic approach to crisis management. " Development of a strategic capability" is a measure designed to help organizations build this important capability. In this article, we highlight four areas where the new technical specification promotes best practices and provides more detailed guidance.   Crisis management as a strategic competence It's not a question of if, but only a question of when things will go wrong. And once they do, an effective response will help keep the company on track. A study published by Aon and Pentland Analytics (Reputation Risk in the Cyber Age - The Impact on Shareholder Value, August 2018) shows that companies which respond effectively to a crisis will outperform those that do not in terms of shareholder value. Companies that view crisis management as a strategic [...]

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Crisis management in hospitals

By |2021-08-18T09:42:13+02:00 13 August, 2021|Interest, News|

Incidents in hospitals are not uncommon. Statistics show that every day there is a cyberattack, every week a fire, every month an external threat (e.g., supply shortages), and every year a police incident that can present challenges to hospitals. The most recent example is the hacker attack on the University Hospital in Düsseldorf, North Rhine-Westphalia. The actual extortion letter was directed at the university in Düsseldorf, however the hospital also suffered massive impact. Due to the encryption of patient data, normal operations were no longer possible. As a result, patients of the ambulance service were diverted. One person died in the process, resulting in a charge of involuntary manslaughter. Through contact between the police and the blackmailers, the danger to people was pointed out, whereupon a decryption code was issued. Nevertheless, repercussions are still present today and normal operations have not yet been fully restored. This example shows [...]

Risk vs. crisis communication

By |2021-08-02T07:20:15+02:00 2 August, 2021|Interest|

In the field of crisis management, there is some talk of risk communication and some of crisis communication. In some documents or reports, the terms are used as synonyms for each other or are not clearly differentiated. But is this actually the case? The extent to which the term risk communication needs to be distinguished from the term crisis communication depends on the model being considered. Depending on the model, a clear differentiation may not be possible, but it must be said in advance that risk communication and crisis communication are not the same thing, so using the terms as synonyms is not correct. First of all, it should be clarified what the respective terms are: Risk communication is understood as a general warning that the occurrence of an event is basically possible. Risk communication takes place regardless of the occasion and is intended to prepare people for [...]

Risk perception

By |2021-07-05T07:59:42+02:00 5 July, 2021|Interest|

Have you ever wondered why an event usually has to happen before action can be taken? Why it is only after an event that precautions are taken to ensure that the impact of such an event is not so far-reaching should it occur again? This question is addressed in this blog article. First and foremost, in order to address a risk, it must be known. In some companies, this is proactively investigated and risk analyses and business impact analyses are done. But why are some risks not taken seriously or addressed, even though they may be known? To begin, let's review how risk is defined in emergency and crisis management. A risk is the probability/frequency of occurrence of a certain event times its damage extent/potential. The various risks are classified in a risk matrix, which is used as an assessment template.   Fig. 1: Risks mapped in a [...]

Groupthink – when unanimity becomes a problem

By |2021-06-28T12:02:16+02:00 28 June, 2021|Interest|

If a group of people finds itself in an overwhelming situation, i.e. a situation where the challenge exceeds the available resources, the whole group may take refuge in a kind of cognitive emergency reaction. What a cognitive emergency reaction is, you can read in detail in the previous blog article Cognitive emergency response - the flight into familiar action - IUGITAS. However, here is a brief summary: a cognitive emergency response is a dysfunctional protective mechanism in which everything is done to maintain a sense of competence and self-worth. Often, inappropriately, the familiar and routinized behaviors are continued in order to maintain an apparent sense of competence to act as well as control. When we talk about groupthink, we are not talking about swarm intelligence, but rather about the exact opposite of it. Groupthink does not mean that intelligent decisions are made on the basis of team collaboration, [...]

mass panic vs. mass exodus

By |2021-06-14T07:44:11+02:00 14 June, 2021|Interest|

The Love Parade in Düsseldorf, tragedies in Mecca, 9/11 and, as the latest example, the Lag Baomer festival at Meron Mountain in Israel. The media quickly speak of a mass panic when many people come together, there are bottlenecks or obstacles and the need to regain freedom of breath and movement or people feel a strong fear and try to flee from a situation. All this is mostly in combination with injured or even dead people. In Meron, there was talk of mass panic quickly after the incident occurred. During the celebration at the sanctuary of Mount Meron, 45 people died and quite a few were injured. This is the largest civil disaster in the history of Israel. According to initial findings, the disaster was triggered by a situation on a sloping ramp where people started to fall. Due to the density, a kind of domino effect was [...]

Supply chain: Risk assessment in general

By |2019-07-19T19:20:25+02:00 19 July, 2019|Interest|

The mere consideration of financially oriented risks is no longer sufficient in today's logistics. Rather, aspects such as risk management, sustainability and social requirements are of great relevance as a result of society. Several studies show, however, that many companies have not yet implemented risk management, nor have plans been drawn up to do so. Medium-sized companies in particular are still hesitant to consider an introduction. The company management either lacks the necessary risk awareness, or the companies regard the resulting cost factor as too high. With regard to current challenges for supply chain management, globalization is often cited as the greatest challenge. As the world and its countries become more interconnected, supply chains are becoming more and more international. As a result, supply chains are becoming longer and more expensive and risk-prone. The effective counteraction and the installation of safeguards in a supply chain is on the [...]

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