Crisis Management.Discuss why organizations do not change after crises

Crisis Management
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Crisis Management
Crisis management in organizations is a key aspect in maintaining the customers, stakeholders and the staff. However, effective crisis management greatly relies on a timely and a well-reasoned out response that not only tackles the disruptive crisis but also maintains trust and confidence for all the stakeholders. Most organizations fail to manage crisis effectively when they respond to a crisis late or when the response given is not consultative enough for acceptance by all stakeholders.
In the year 2000, Nokia Company was the controller of the mobile phones industry. The 1865 Finland Company took control of the global market by the year 1980 becoming the first company to excel in the telecommunications. In the year 2007, there was a global shif...