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Escaping the eye of the storm – Lessons in crisis management from the airline industry

CEO Insider

There’s no skirting around it, the travel industry was among the hardest hit at the onset of COVID-19. According to International Air Transport Association, the global airline industry incurred net losses of $52bn in 2021 and is expected to lose an additional $12bn in 2022. Copyright The CEOWORLD magazine Limited 2021.

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3 Important Lessons On Crisis Management From The COVID-19 Pandemic

Tanveer Naseer

There’s little question that our world has never experienced a global crisis like that of the current COVID-19 pandemic. From the financial fallout seen on various stock markets as well as industries directly impacted by this pandemic, to various countries, including here in Canada, closing their borders to non-citizens in.

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Strategies for Overcoming Crisis in The Hospitality Industry

Strategy Driven

Predicting what a crisis will entail is impossible in many situations – but it’s how a team prepares and responds that can dictate whether and to what degree a business recovers. The Covid-19 pandemic is one obvious example of an uncontrollable crisis affecting almost every industry in one way or another.

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End Game First

Leading Blog

The authors spend a good deal of time addressing key components of crisis management: building a team, communication, gathering intelligence, creativity in working with what you have to work with, mental health, and relationships. After the crisis is a good time to evaluate what worked and what didn’t. Where are you headed?

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How Leadership Coaching Benefits More Just Executives

Lead from Within

However, these leaders, often industry pioneers, value continuous self-improvement and the deepening of their specialized skills. Whether it’s honing negotiation skills, mastering strategic thinking, or perfecting crisis management, coaching sessions provide leaders with a space to delve deeply into their subject matter expertise.

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Succession Planning: Not Just for Older Leaders

N2Growth Blog

In the most recent turn of events, Blackstone Group withdrew its bid for the company after making the determination that Dell’s future and the PC industry looks bleak. It is essentially impossible not to and this is particularly true in the ever-changing and evolving technology industry. years as of 2011 from 10 years in 2000.

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Updates from the CMI Sri Lanka Board

Chartered Management Institute

Being servant leaders as Chartered Managers In an opinion piece in the Daily FT , Ajantha Dharmasiri CMgr FCMI, president of CMI Sri Lanka , reflects on a successful year and assures that CMI Sri Lanka will continue to facilitate the processes of up-skilling, multi-skilling, and re-skilling managers. Read it here.