In-service monitoring

Author: Yu Huixia (Editor)
Publisher:
Publish Date: 2004-01-01
Features: Throughout the entire process of crisis management, "control" runs through it, being the most fundamental and important work in crisis management. In the shocking global bankruptcy case of Barings Bank, we can deeply feel the significance of strict control in corporate management—the bankruptcy case can be seen as a typical example where a lack of crisis awareness and neglect of control ultimately led to disaster. Without a sense of crisis, it is as if there is a crisis; with a sense of crisis, there can be no crisis; surviving in a state of crisis awareness actually avoids crisis. Management planning work seeks continuous, consistent, and interconnected plan solutions. Management control work, on the other hand, strives to ensure that all practical activities proceed according to the plan.