Crisis management is one of the most common terms in the business environment of Russia. Let's understand what this activity is, how it differs from the usual management.

Let's start with the definition:Crisis management is a set of certain knowledge and results of the analysis of practical experience, which is aimed at optimizing the management mechanisms of the systems necessary to identify possible hidden resources, as well as a certain development potential. The strategy of crisis management is directly related to decision-making in conditions of limited resources, a high degree of risk and uncertainty.
In one case, it means control.a firm in a period of economic crisis, and in another crisis management is the management of a firm in case of its bankruptcy. This concept is often associated with the activities of managers in court procedures at a certain stage of bankruptcy.
The crisis management system is a systemwhereby the mentioned type of management is considered as a single set of measures from the preliminary detection of a crisis situation to the methods for its overcoming and elimination.

The crisis management system is based on the following basic principles:
one.Initial diagnosis and identification of crisis situations in the financial activities of a particular enterprise. If we take into account that any emergence of crisis situations in an enterprise bears an irreparable threat to the organization itself and is associated with unjustified losses of capital, then the possibility of a crisis will certainly be diagnosed in the early stages for the timely neutralization of such situations.
2The next inalienable principle is the urgency of responding to such crisis situations, since such phenomena tend to cause associated problems. Therefore, the sooner such situations are identified, the sooner it will be possible to engage in restoring balance.

So let's summarize.Today, any enterprise, no matter how efficiently it functions, needs such management activities as crisis management. This concept implies not only the management of an organization during a crisis using bankruptcy procedures, but also pre-crisis management, designed to develop measures to prevent crisis situations, and even post-crisis management, aimed at eliminating the negative effects of the crisis and maximizing the use of its positive results.