Crisis Management

The course deals with the issue of crisis management in the corporate environment and provides a comprehensive view of the emergence, course, management and prevention of corporate crises in the conditions of the current economy.
It responds to the dynamic business environment characterized by globalization, technological changes, increasing competition and a high degree of uncertainty, which significantly affect the stability and long-term existence of organizations. The teachers proceed from the assumption that a corporate crisis is not only a sudden extraordinary event, but a process that develops over time and whose causes can be identified in the early stages.
The first part focuses on the nature and dynamics of corporate crises. It defines the basic concepts of crisis management, explains the difference between standard and crisis management and analyzes individual types of crises, such as financial, operational, strategic or personnel. Attention is also paid to the causes of crises, which include managerial failures, human errors, shortcomings in financial management, technological problems or external economic influences. The instructors emphasize the importance of early identification of warning signals and the responsibility of management for the prevention of crisis situations.
The second part focuses on managing a company during a crisis. It presents tools for crisis stabilization, restructuring and financial recovery of a company and analyzes the role of management in making decisions
under conditions of uncertainty. The explanation also includes issues of organizational changes, relationships with stakeholders and the formulation of a new strategic direction of the organization.
The third part is devoted to crisis prevention and building corporate resilience. It deals with risk management, early warning systems, crisis scenarios, crisis planning and the importance of a crisis team, leadership and crisis communication. The teaching is supplemented with practical examples and case studies from corporate practice that illustrate the possibilities of resolving crisis situations. The course represents a comprehensive professional resource connecting crisis management theory with practical management approaches.
The course is project-oriented and emphasizes the application of theoretical knowledge in practice. Students work on practical tasks, case studies, and their own project proposals, allowing them to test and develop the skills needed to handle real-life situations. The course is intended for students who want to understand the dynamics of crisis development and resolution, master modern tools and procedures that enable organizations to successfully face unforeseen situations, and at the same time apply theoretical knowledge when solving practical examples in a project-oriented environment.
1. Professional knowledge: Understanding the nature and evolution of corporate crises – students will be able to recognize the characteristics, types, and causes of crises and understand their process-oriented nature.
2. Professional skills: Analyzing the company's status and vulnerability – students will learn to use crisis diagnostic tools, determine the degree of a company's crisis vulnerability, and assess its viability.
Proposing crisis resolution procedures and revitalization strategies – students will acquire the skills to select and implement appropriate measures for resolving crisis situations and restoring the company.
Creating and utilizing crisis plans and scenarios – graduates will be able to prepare crisis scenarios and simple crisis plans, assemble a crisis management team, and use early warning systems.
3. General competencies: Applying theoretical knowledge to practical examples – students will be able to link theory with practice when solving model problems and project-based assignments in the field of crisis management.