What Are the Best Tips for Financial Crisis Management?

Financial crisis management is a relatively new field in management. Typical proactive crisis management activities include predicting the occurrence of a potential crisis and developing a corresponding response plan. Narrow crisis management refers to crisis response management, that is, the government's response measures after a crisis. According to Robert Heath, the causes of crises include natural disasters and man-made events. The most extensive crisis management includes the management of all aspects of the crisis before, during, and after the event.