Crisis management approach

{
  "id": "MLC-T-INS-001032",
  "term": "Crisis management approach",
  "field": "Insurance and risk management",
  "definition": "A structured methodology employed by an organization to prepare for, respond to, and recover from disruptive events. It encompasses strategies for identifying potential threats, developing response protocols, and communicating effectively with stakeholders. This approach aims to minimize damage, maintain business continuity, and protect the organization's reputation during times of extreme pressure.",
  "url": "https://mlchart.com/terminology/insurance/crisis-management-approach/"
}