A Case Study on Crisis Management with a Specific Reference to Operation Thunderbolt Executed by Israeli Defense Forces

Abstract

Terrorist attacks, high profile kidnappings, extortion, political insurgency or employee litigation are some of the growing risks that companies face. They could affect your organization's workforce, property and contracts and have a significant impact on business operations and shareholder value. How rapidly and effectively you react in a crisis is critical. It can make the difference between recovering well, or not at all. Due to changed threat situations in the whole world e.g.international terrorism, catastrophe etc. efficient preparation for crises has meanwhile become a must everywhere in the world. This applies, above all, to top management levels in the state administrations and in the boardrooms of enterprises. Examples of recent crises that resulted in lost lives, displaced families and communities, shutdown businesses and damaged economy which leads to substantial damage and loss. In this case we try to explore how organizations can be better prepared to handle unforeseen events that may cause serious or irreparable damage by means of crisis management and also shows how strategic planning and effective leadership initiatives are vital in crisis management.