Crisis manager: features of the profession

Modern business is a harsh reality, where the strongest survive. 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 "drowning" organization. Therefore, it is not surprising that in a difficult moment directors are ready for any costs, just to get yourself into the staff of such an employee.

Naturally, such demand led to the fact that today many ambitious people want to master this profession. But is it really capable of giving them the financial independence that they are dreaming of? In order to understand this, let's understand all the subtleties of this profession.

Who is the crisis manager?

In modern business this profession has come relatively recently. This is due to the rapid development of the economy as a science in the 21st century. It is the generalization of theories and laws about money that allowed qualified specialists to undertake competent management of financial flows in various kinds of organizations.

As for the profession itself, the crisis manager is a person who can take the company out of the unprofitable state. Often, it is hired in situations where the firm is on the verge of bankruptcy or begins to slip into a financial abyss.

Who needs a crisis manager?

Crisis manager services are relevant not only in hard times for the company. Having taken up the improvement of the company, such a person is able to bring it to the sales leaders, thereby increasing its income. Therefore, abroad, the position of the crisis manager is in many large organizations, in order not only to improve the production process, but also to forecast possible risks.

In Russia, unfortunately, this is rare. Here, the assistance of this specialist is resorted only in cases where 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.

In this case, most often the crisis manager hires investors, disappointed in their investments. Such a move is needed not only to restore stability of income, but also to assess future risks. And if such an expert decides that their investments are under threat, they will rather believe him than to the general director.

How to become a crisis manager?

Today many economic universities offer their students a specialty "crisis management". Having received a bachelor's degree, a person can calmly begin to fulfill his duties. That's only the cost of training in this direction is often several times higher than for other economic professions.

However already held professionals recommend to beginners not to bother about this. After all, you can become a crisis manager even without a diploma of a specialist. 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 human skills are in the first place in this sphere, and then his education.

Priority Skills

Crisis manager is a specialist working in the economic sphere. Consequently, he must be well-versed in financial theories and strategies. After all, this is the only way to see gaps in the company's reporting and find a way to close them.

In addition, the manager must understand the legal acts and laws. Otherwise, how can he avoid dangerous transactions and contracts based on legal illiteracy of the opponent? Naturally, he does not need to memorize the entire legal code by heart, 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 the departments, and also to keep track of which one of them is the most "hacked." This is especially important in large organizations, where a separate unit or team is responsible for each operation.

Personal qualities

Now let's talk about what kind of person there should be a crisis manager. Training - this is only half way, because you still need to prove yourself as a reliable specialist. And without certain data to achieve this simply does not work.

Probably everyone heard the saying "The end justifies the means". So, for the crisis manager this saying is a vital credo. After all, its task is to withdraw the company from bankruptcy by any means. For example, if its employees work poorly or there are too many of them, then the specialist must fire them, regardless of their pleas or personal problems. Therefore, a good crisis manager is a cold-blooded and unshakable person.

Another important personal quality is observation. Without it, the specialist will not be able to catch the information that is needed to build the right strategy. By the way, experienced crisis managers assure that they are able to find all the shortcomings of the company within 2-3 weeks.

Features of the profession

Many believe that the main advantage is the salary that the crisis manager receives. The job description and the contract of this specialist can quickly dispel this myth. After all, today many businessmen tie the crisis manager's earnings to the results of his work. That is, if an expert brought the company out of the crisis, then he will get a good bonus, if not, then his works will be wasted.

Naturally, experienced managers are able to avoid such legal pitfalls, but beginners often get into them. In addition, a big disadvantage is the low demand in the labor market. More precisely, a complete lack of proposals for professionals with little experience. Therefore, at first time it will be necessary to undertake any order, regardless of its complexity and level of payment.