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Literature on crisis management suggests that a crisis consist of the following four states: (1) prodramal crisis stage (warning) (2) an acute crisis stage (actual occurrence) (3) chronic crisis stage (lingering period) and (4) crisis resolution stage (finale stage) (Debra Hunter, The Business Review, Cambridge).
Many feel that a leader that fairs well in crisis situation must have certain character traits such as resilience, tolerance of ambiguity and charisma.
When in a crisis situations you definitely have to look at a glass as half full as opposed to half empty. You have to turn challenges into opportunities...
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