Article Review. Frohlichstein, T. (2003). Management Article Critique

Article Review
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Risk incidents result in devastating impacts in an organization and hinder the attainment of set goals. Therefore, effective communication is one of the most crucial aspects of facilitating the exchange of ideas among the involved stakeholders. The management should protect the reputation of an organization though enhancing effective and convenient communication among customers, employees, and other relevant stakeholders. Notably, the top executives should ensure that a communication plan is part of training for emergency preparedness (Frohlichstein, 2003). Equally, they should ensure that the message is clear, concise, and honest to avoid any form of communication interruption or misunderstanding among the stakeholders.
Communication with stakeholders is one of the significant determinants of success in crisis management. Notably, any risk incident might affect the stakeholders of an organization negatively. The stakeholders determine the business environment of an enterprise and its subsequent operating and financial performance. Therefore, I will assess a crisis from the perspective of stakeholders since they are more concerned with ways that the company enhance their welfare. Equally, I will be quite proactive in meeting their expectations of timely communication. Furthermore, I will develop stakeholder relations management on a crisis simulation as guidance on corporate actions because of occurrence of a crisis.
Stakeholders play a significant role in expediting the effective operation of a company. Therefore, I will consider the needs of the ones who might be affected by a crisis and attend to their needs. I would have to prioritize management, employees, and directors as the stakeholders, who respond to a wide range of people in the spread of news of a risk incident (Thai, 2018). One of the assurance that they seek is that top executives are addressing a situation effectively and that that the organization would still resume its operations. Importan...