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Strategic portfolio management is a set of business procedures and competencies to decide the best investments for achieving the organisation's overall strategy.
Strategic portfolio management establishes a global, enterprise-wide strategy, together with its goals and expected outcomes. It delivers them over time through initiatives, products, and services that alter the organisation in the desired direction.
Crisis management refers to an organisation's approach to preventing, planning for, and responding to events that threaten to harm persons or property, significantly disrupt operations, damage reputation, or impair the bottom line. If you do not prepare, crises cost you money, diminish productivity, and potentially jeopardise your company's long-term existence.
Public lobbying and promotion entail more than merely running ads, broadcasting, and giving persuasive election speeches. It also includes a broader topic that focuses on the party's electoral market positioning. Almost all political parties and leaders engage in some advertising or marketing regularly.
Emergencies would be a lot less stressful if we were informed ahead of time. There would be no need to make any preparations for them.
Unfortunately, this is not the case. Crises strike at the most inopportune times. You will almost likely fail to avoid disaster if you wait until a crisis happens to begin planning. As a result, every company should have a crisis communication strategy in place.
What is crisis communication?
A campaign message is the all-inclusive image, description, and philosophy that a political campaign is trying to convey on behalf of a candidate. The strategic application of the candidate's message using all modes of communication accessible to the campaign is known as campaign messaging.
A company's reputation may make or break its bottom line in the age of fast news and citizen journalism. The company's reputation is the board's top responsibility, and corporate affairs teams oversee handling a plethora of communications in a meaningful, content-rich manner.
Change in corporate communications is critical in the financial services sector. Companies have had to defend and rebuild their reputations while acquiring new skills, perspectives, and relationships to work with demanding regulators.
Every business, small or large, operates in the society. Hence, it is accountable for its actions and subject to diverse public opinions. Whether it is the internal stakeholders like employees, suppliers, and directors or external participants like customers, these opinions shift rapidly when a crisis strikes. The way you manage the aftermath has a significant impact on their direction.
Every business, small or large, operates in the society. Hence, it is accountable for its actions and subject to diverse public opinions. Whether it is the internal stakeholders like employees, suppliers, and directors or external participants like customers, these opinions shift rapidly when a crisis strikes. The way you manage the aftermath has a significant impact on their direction.
Are you a data nerd who cannot stop looking for patterns? Do you want to learn more about data analysis and how to get a job in this fascinating field? This post is an excellent place to start if you answered yes to these questions. We take a deep dive into the process of qualitative data analysis, learning what it is, how it works, and some efficient approaches.
What is data analysis?
Any organisation's approach for preventing, preparing for, and responding to events that threaten to injure people or property, substantially disrupt operations, or damage reputation. The bottom line is you need a crisis management team. The crisis cost you money, reduce productivity, and easily jeopardises your company's long-term viability if you are not prepared.
Pre-Crisis (preparation and prevention), Crisis Response (managing the crisis), and post-Crisis (recovery and analysis, integrating lessons learned) are the three main stages of good crisis management.
