LSBR Blog
Trends & perspectives: corporate obligation in times of crisis Revenue isn’t the sole consideration when it comes to the success of a corporation. It has been established by recent studies and reviews that people demand more transparency from the corporations they work with. Customer and consumers want to know what a company represents, as well as what they (the consumers) stand for.
What happens when an event damages the public opinion of a corporation? It requires a great deal of consistent hard-work and dedication to build a good reputation for a corporation. When a corporation becomes magnified in public, they must carefully and quickly respond to alarming issues. However, it’s critical and important to learn what it takes to respond effectively and responsibly in times of crisis for any aspiring entrepreneurial, intrapreneuriall, or an executive. This article digs into strategies for corporations’ responsibilities in times of crisis and how online courses can help polish your abilities to handle crises as they arise.
The complexity of handling a corporate crisis Mass shooting and gun control is a popular topic in today’s social politics. The issue also provides an example of citizens looking for corporations to make remarkable social changes without government regulations. In the wake of recent mass shootings, members of the public are increasingly calling upon the Gun-shops to stop selling firearms. According to CNN, Rifleman Fire Arms and UK best Gun shop are recorded as one of the highest sellers of guns and ammunition in the United Kingdom. While in response to public demands, these companies have added restrictions to gun sales in the past, announcing that it had no plan to change the current company’s policy with regards to selling weapons at their stores. Instead, they have instructed their staff to take down signs that display or could incite violence, and also movies and videos that had reference gun violence. However, this did not sit well with the public, and a lot of federations threatened to stop shopping at the stores. Following the announcement, within days on Twitter, a representative of the company announced it would stop selling ammunition used in assault rifles, discouraging shoppers from carrying guns openly in its store and supported congressional actions towards gun control. LSBR.UK
