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Modern business is a harsh reality where the fittest survives. Every day, hundreds or even thousands of companies are on the verge of bankruptcy or takeover. In such realities, only a competent specialist, a crisis manager, can save a “sinking” organization. Therefore, it is not surprising that in difficult times the directors are ready for any costs, if only to get such an employee on staff.
Naturally, such a demand has led to the fact that today many ambitious people want to master this particular profession. However, is it really able to give them the financial independence that they dream of? In order to understand this, let's understand all the intricacies of this profession.
Who is a crisis manager?
This profession has come to modern business relatively recently. This is due to the rapid development of the economy as a science in the 21st century. It was a generalization of theories and laws on money that allowed qualified specialists to take up the competent management of financial flows in various organizations.
As for the profession itself, the crisis manager is a person who is able to take the company out of a losing state. Often he is hired in situations where the company is on the verge of bankruptcy or begins to slide into a financial abyss.
Who needs a crisis manager?
The services of a crisis manager are relevant not only in difficult times for the company. Taking up the improvement of the company, such a person is able to bring it into the sales leaders, thereby increasing its income. Therefore, abroad, the post of crisis manager is in many large organizations in order not only to improve the production process, but also to predict possible risks.
In Russia, unfortunately, this is rare. Here, they resort to the help of this specialist only in those cases when the business is already on the verge of collapse. Most likely, this is due to the inexperience of Russian entrepreneurs, who often ignore the experience of Western partners.
Moreover, most often a crisis manager is hired by investors who are disappointed in their investments. Such a move is needed not only in order to restore income stability, but also to assess future risks. And if such a specialist decides that their investment is in jeopardy, then they would rather believe him than the CEO.
How to become a crisis manager?
Today, many economic universities offer their entrants a specialty in crisis management. Having received a bachelor's degree, a person can calmly proceed with his duties. That's just the cost of training in this area is often several times higher than for other economic professions.
However, already held professionals recommend that beginners do not bother about this. After all, you can become a crisis manager even without a specialist diploma. The main thing is that a person has a higher education and is well versed in economic and legal laws. Such a statement is due to the fact that in this area human skills come first, and only then his education.
Priority Skills
A crisis manager is a specialist working in the economic sphere. Therefore, he should be well versed in financial theories and strategies. After all, this is the only way to see gaps in the company's statements and find a way to close them.
In addition, the manager is required to understand legal acts and laws. Otherwise, how can he avoid dangerous transactions and contracts based on the legal illiteracy of the opponent? Naturally, he does not need to memorize the entire legal code, because there are lawyers for this. But he must know the basic concepts.
Another crisis manager must understand the structure of the company. After all, this is the only way to set up the competent work of departments, as well as keep track of which of them is the most “hackle.” This is especially important in large organizations, where for each operation a separate unit or team is responsible.
Personal qualities
Now let's talk about how a crisis manager should be. Training is only half the way, because you still need to establish yourself as a reliable specialist. And without certain data, this simply cannot be achieved.
Probably everyone heard the saying "The end justifies the means." So, for the crisis manager, this saying is a life credo. After all, his task is to remove the company from bankruptcy by any means. For example, if its employees work poorly or there are too many of them, then the specialist should dismiss them, regardless of their pleas or personal problems. Therefore, a good crisis manager is a calm and unshakable person.
Another important personal quality is observation. Without it, the specialist will not be able to catch the information that is necessary to build the right strategy. By the way, experienced crisis managers claim that they are able to find all the shortcomings of the company within 2-3 weeks.
Profession Features
Many believe that the main advantage is the salary that the crisis manager receives. The job description and contract of this specialist can quickly dispel this myth. Indeed, today many businessmen tie the earnings of a crisis manager to the results of his work. That is, if a specialist took the company out of the crisis, then he will receive a good bonus, if not, then his work will be wasted.
Naturally, experienced managers are able to avoid such legal traps, but newcomers often fall into them. In addition, a big disadvantage is the low demand in the labor market. More precisely, the complete lack of offers for specialists with little work experience. Therefore, the first time will have to take on any order, regardless of its complexity and level of payment.
