...| Communication Crisis Paper | Chyvonne Daniels | | HCS 320 | 9/22/2014 | Polly Hanson | When it comes to a certain matter or even and crisis at the time an individual should have an essential communication method to keep things in order and under control with others by not trying to creating a panic attack at all. But there are so many different kinds of communications methods that can be used for a certain matter at the time with a difficult situation that is going on that very moment. Another thing also to is an communication method can be very effective without any type of creating a panic attack about things that are on the radio station and the social media along with the television stations that is dealing with the emergency management office that is getting information about a certain report in the town of the areas That might have life threatening matter at the time. The main purpose of my paper will be covering the contingency plans with many organization and the public as well also to without trying to creating a panic attack with the community also you find in my paper how all groups and individuals are communicating with one another outside of the organization crisis and the potential advantages along with the challenges inside of the public eye of the crisis matter or situations at the time in a certain place or town that can improve a lot more of better communication skills. In the healthcare field today that could be more incorporate when...
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...The financial crisis of 2008 rocked the global economy. As one major investment bank went bankrupt, other American financial services institutions were in poor health due to their own banking practices. However, these practices occurred due to the failure of government regulators. Ronald Reagan’s plan to stimulate the American economy in the wake of the 1980s recession led to sweeping deregulation in the financial services sector (Komai) (Inside). This deregulation and the failure to properly enforce regulatory powers by those in the Federal Reserve and Treasury Department led to increasingly risky behavior by banks (Inside) (Das) (Rajan). The repeal of The Glass-Steagall Act in the late 90s meant that the banks engaging in these risky operations were larger than ever before and were using depositors’ money in order to trade for the benefit of the firm rather than its clients (Roubini) (Rajan) (Sorkin) and it is that risky behavior that ultimately led to the near collapse of the world’s economy. Although banking leadership must be held responsible for the practices that many institutions in the financial services sector engaged in (Sorkin), the failure to adequately regulate the banking industry gave banks the opportunities to engage in the behavior that caused the crisis (Inside) (Rajan) (Taylor). In the years since the crisis, and as the global economy continues in its efforts to recover, many have called for strict reform of Wall Street regulations (Acharya). Legislative...
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...Tutorial 2: What do you understand by the term Global Economic Crisis of 2008? Identify and explain some of the causes. Global Economic Crisis of 2008 was known as the biggest financial crisis after the Great Depression of 1930s. In September 2008, one of the most venerable and biggest investment bank, Lehman Brothers was forced to declare itself bankrupt, and the world’s largest insurance company, AIG collapsed. The financial collapses of these companies triggered the global economic crisis, with Asian stocks slammed by; stocks fell off a cliff and became the largest single point drop in history. These tragedies crushed the world’s economy and result in global recession. It costs the world tens of trillions of dollars, rendered 30 million people unemployed and doubled the national debt of the United States (Inside Job 2010). The effect of the crisis is the bursting of United States housing bubble in 2004 and it caused the values of securities tied to U.S. real estate pricing to fall dramatically. The complex interplay of policies encourages home ownership, thus; people in the United States had easier access to mortgages loans. As the availability of credit is higher, more residents in the United States began to “own properties” by borrowing money from the banks. Due to the housing and credit booms, financial agreements- mortgage-backed securities (MBS) and collateralized debt obligations (CDO), which gained their value from mortgage payments and housing prices, greatly...
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...Communication and Crisis Janelle Ovunda HCS/320 January 28, 2013 Kimberly Foster Introduction Being the director of a regional Emergency Management Office during a crisis I will have to have control. Without control the crisis will turn into a catastrophe. With an effective contingency plan in place this will help me to stay in control of the situation. I will also have alternate plans put in place just in case my key plans do not happen as expected. It will take everyone involved inside and outside of the Emergency Management Office working together to make sure the crisis is worked through and that the public remains calm. Individuals or Groups That Will Be Communicating Inside and Outside the Organization during the Crisis Anyone who communicates inside and outside the organization should be key to the crisis. There should be one person assigned to each role in my crisis communication team. In a large crisis there might be a need to go outside of my main office for support from volunteers or a nearby college [ (Services, 2006) ]. The people inside the communication team will consist of the public information officer, content and messages coordinator, media coordinator, direct public outreach coordinator, partner coordinator, and the rumor control coordinator. Each one on these will have a role to follow. The public information officer will activate the risk communication plan and direct the work related to the release of information [ (Services, 2006)...
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...ADMAP REVIEW OF THE MOVIE – INSIDE JOB Rohan Rambhia | PGP-10-155 Inside Job is an exemplary recount of how administrator’s role when exploited to form risky administrative strategies by means of faulty processes lead to a crisis of the stature of the recession of 2008. It is a comprehensive documentary which narrates the history of the collapse, not only going into great, informative depth about the risk-based strategies that put the global economy on the line, but looks back to the rise of the financial industry. The biggest question which the documentary arouses is that knowing what happened, why are the miscreants not being punished? As the director, Charles Ferguson, himself stated while receiving the Oscar, “Forgive me, I must start by pointing out that three years after our horrific financial crisis caused by massive fraud, not a single financial executive has gone to jail, and that's wrong.”1 Lets us first look at the prelude (context) of this financial crisis: ADMAP REVIEW OF THE MOVIE – INSIDE JOB The Clinton era (1990s) worked as a bridge between the Wall Street and the government. More and more Wall Street CEOs gained access to the government, taking up administrative positions like 2 • Robert Rubin On Wall Street: Chairman and COO of Goldman Sachs For the Government: Secretary of Treasury under Bill Clinton Laura Tyson On Wall Street: Board director of Stanley Morgan For the government: Chair of the US President's Council of Economic Advisers during...
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...Communication and Crisis Paper HCS/320 Instructor: Debbie Hunt September 03, 2012 The nuclear reactor that malfunctioned, in the Three Mile Island created a release of radiation into the environment which caused a crisis. It drew a lot of media and created concerns in the local area and beyond. A traditional form of technology was used to notify the public, television networks and local radio stations were used. Compared to the crisis that took place in 2005, Hurricane Katrina, which devastated the New Orleans area, immersing many parts of the city under water causing trauma to families, the strategy for communication used was the internet, which reached a greater number of the public in less time. As a director of a regional Emergency Management office and was to start receiving official reports that the public water supplies of several towns in the area have become contaminated with a life-threatening biological agent, the strategy I would use to start a contingency plan that would address my organization and the public without creating panic would be to send an immediate e-mail to all staff to attend an emergency, mandatory meeting. Employee’s who are unable to attend because of emergency situations will have access to a video conference. I would get one of our communication specialists in the company to give a presentation reminding our organization’s staff of our organization’s emergency policies and procedures in...
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...“Inside Job” Movie review -Deepshikha Dubey SYBCOM (Hons) Roll number-1071 ‘I nside job’ true to its title, is an exasperating documentary about the actual causes and consequences of the financial crisis of 2008. Directed by Charles Ferguson and narrated by Matt Damon, the movie is not a piece of muckraking or breathless support. It rests its infuriation on proper reason, research, figures and careful argument. Several interviews of eminent personalities from political, financial and academic backgrounds, along with news clips and aerial shots of New York, Iceland, London and other disaster areas — are all in there! Though dealing with a very complex issue, the movie has beautifully dealt with the topic and made it much easier for common man to understand the reason behind the nerve wrecking recent financial crisis that hit USA and then the world’s economy. The film is divided into five main parts, covering a wide scope- Who, what, when, why, how… it is all answered! Unlike most other documentaries that have been released over the past several years, ‘inside job’ bases its arguments on numbers and facts and doesn't just emotions. The first part of the movie- “How we got here?” Takes the viewers back to history in the 1930s when US had a strong financial system. The regular banks were local businesses and were not allowed to mess around with the depositor’s money. The investment banks were private partnerships and thus did not make risky investments...
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...NAME : JAWAD KARIMI ID NUMBER :05048569 INSIDE JOB: Inside Job is a 2010 documentary film about the late 2000’s financial crisis . The film is in five parts the film explores how changes in the policy environment and banking practices helped create the financial crisis. The movie starts with showing the Iceland bank where it all started from the land scape is shown green and fresh but then as the corporations moves into the country it becomes muddy and dry land with pollution. In a context of global economic crisis, everyone appears to be blaming the other in order to find who is responsible for such a global decline in growth, important rate of unemployment, rising protectionism... Thus, it seems relevant to wonder about the key stages of what has been called “The Great Recession” which began approximately on 15th September 2008 with a huge “domino effect” that was born right after the US government allowed the investment bank Lehman Brothers to go bankrupt. Indeed, the American firm implanted in London did not follow UK law, which caused its loss and is one of the numerous convincing facts showing that economic issues are directly linked to business law. After that, people started looking for elements that should have alarmed them. The example of the Greenbury Report (published in 1995) was destabilizing since it showed that corporate governances were already concerned about excessive executive remuneration because of previous cases...
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...water supply being contaminated, our Emergency Management Office will take immediate action in solving this problem and making sure the community stays safe. First, there are several individuals and groups that will be communicating inside and outside the organization during this crisis situation that are authorized to give official information. Secondly, there are media opportunities during this management crisis that are not limiting us to using current and high class technology. Third, I know there is a time and place for social media, but it seems as if most people turn there for answers, and we need to control the rumors that will follow. Fourth, there are potential advantages and challenges associated with communicating within the organization alongside the public and private sectors during this crisis situation. Finally, strategies will change with every situation as factors in each situation are different. This is a very dangerous situation that our community has been put in and we will do our best to keep everyone informed, safe, and do our best to get this situation under control quickly. Rumor Mill to a Minimum There are several individuals and groups that will be communicating inside and outside the organization during this crisis situation that are authorized to give official information. Their identities and positions will be located on our official Emergency Management Website. We encourage the public that if they hear information that is not from one of...
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...Communications and Crisis Paper HCS/ 320 Polly Hanson May 20, 2013 When a crisis occurs, it becomes a stressful and overwhelming environment for an individual. Not knowing is one of the most unceasing parts about a crisis. Sometimes it is very hard to cope effectively with everyday life situations. In situations like these people forget how to act calm and normal as usual. The nuclear reactor malfunction in the Three Mile Island created a crisis because it released dangerous radiation into the environment. There were many concerns in the area of how they would deal with this terrible situation. There were several different forms of technology used such as television and radio cast that notified the general public. Emails and blogs were set up for those individuals that had access to the internet, and there were updates being handled on the company’s website. As the director of regional Emergency Management Office, there will need to be a plan on how this situation will be addressed and taken care of. There needs to be constant communication to the general public to let them know that the situation is being taken care of. When a Crisis hits the first thing you do is figure out what the facts are and how to communicate those facts. (Pisciotta, 2010). Honesty is always the best policy. Therefore, the public should not be stonewalled or refused any information. There should be no added pressure than there already is on the company. When communicating with the public...
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...After watching the Inside Job video, the term Global Economic Crisis of 2008 or Global financial Crisis that I understood is where a period of time, there was a great depression on workers, consumers, producers and the peoples due to major losses that happened globally between investment banks, insurance company, Audit firms, financial services firms and other multinational corporations. What are the causes that these entire gigantic firms led to major losses? This economic crisis had cost ten millions of people lost their savings, their jobs and their homes. The first part of the video was about Iceland country. Iceland is such a beautiful country with fresh air, foods, efficient operations of geothermal and hydroelectric and where the economic was stable in marketing before the crisis happen. Iceland is one of the high standard living countries. In 2008, the population is very high about 320,000 and the GDP of the country was $13billion, the bank had major losses about 100billions. During the year of 2008, Iceland banks collapses due to borrowers unable to settle their debts from lenders. Unemployment triples in 6 months. The three banks in Iceland which are Iceland’s banking, Kaupping and GLINTR had borrowed money which is three times the economics of Iceland. Government had financial deregulation. The government could not able to protect the citizen during this crisis. Collapses of major bank in US and Iceland are main causes to this crisis The major Investment banks which...
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...Communication and Crisis Paper HCS/320 10/2/2011 Communication and Crisis Paper Introduction: Communication is an essential component of effective crisis management. Having a contaminated water supply is a very serious situation and therefore it is essential to establish a communication plan as soon as the risk becomes known. For this reason we will communicate with the public by informing them this threat and the steps they need to take in order to protect themselves and their community. Individuals and groups that are communicated in the crisis: To communicate with the public there are key things that should always be recognized: An explanation of what went wrong, an expression of concern, and a sincere apology. With a communication plan in place for a biological disaster, the designated personnel will know their specific roles of communication both inside and outside the organization. The use of internal departments will coordinate the information that need to be be released in this crisis situation. All the departments will be managing the hard work of all agencies to direct efficient aid to the public. Guidelines will be firmly in place with the water contamination procedures. As director, my department will be in direct contact with state officials at every occasion of this crisis situation. “Failure to respond to and govern effectively during crisis situations and to manage disaster-driven emergencies may result in the loss of legitimacy and cause system...
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...Rome). Then border barriers were removed and in 1993, the European Union was formally established. The objective of the European Union is to create an economic and political union between the members, to create a single market with common policies and a common government, which lead them to a regional economic integration. This integration has shown some profits and some dangers too. We’re going to focus on the dangers that a regional economic integration brings with it, using as a clear example the European Union and in some cases other trading blocks such as NAFTA or MERCOSUR. The first danger to be analysed will be the political danger, which implies differences of influence in the political system, immigration to other countries and “inside policies versus common policies”....
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...Exam II: Study Guide ESSAY PORTION: 1. Be able to explain agency capture theory and why director Charles Ferguson argues that it explains the causes of the financial crisis which struck the United States in 2008. Be able to present the evidence Ferguson provides in his documentary “Inside Job” as discussed in class and outlined on the board that agency capture theory was a primary cause of the crisis. Also be able to explain the securitization food chain and the role of AIG in the crisis. (*** Long Essay Question) 2. Be able to explain the relationship between rising inequality and the interest group system that Jacob Hacker and Paul Pierson claim to demonstrate in their book Winner Take All Politics as discussed in class. Also be able to explain the meaning of majoritarian pluralism and biased pluralism as defined by Gilens and Page in their study, which I posted on Moodle Rooms for you. 3. Understand what Duverger’s Law is and be able to explain how SMD and PR electoral systems work and what their relative advantages and disadvantages are. 4. Understand the difference between “judicial restraint” and “judicial activism” (pg. 471) as well as “originalism” (pg. 468) and “living constitution theory” (pg. 469). 1. A Judicial Restraint * Argues the judiciary should usually defer to the judgment of legislatures 1. A Judicial Activism * Court’s unique role vis-à-vis legislatures ...
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...CHAPTER 2: LITERATURE REVIEW 2.1Social media 2.1.1 Defining Social media The brand-new way of interactions that allows networking communication with instant feedback has been brought up via the social media, or online social networking sites (Lariscy, Avery, Sweetser & Howes 2009). We as the users are now capable in sharing content, opinions, experiences, and many more and it have been online practices with the use of technology of social media (Lariscy, et al 2009). A two-way proportioned communication between the partakers is encouraged by the social media sites (Lariscy, et al 2009). Social media enable two-ways communication rather than one-way. The term social media has a wide range of platform and it does not only include social networking sites as it consist of also forums, blogs, picture sharing, video sharing, message boards, RSS, podcasts, search engine marketing, other networking sites and microblogging sites (Wright and Hinson 2009). However people usually think of Facebook and Twitter when it comes to social media but there are many types of social media such as LinkedIn, Blogs, microblogging and online news. (Wright and Hinson 2009) 2.1.2 Social media impacts in PR practices Those who practice public relations have believed to have grown in terms of its precision and trustworthiness by using social media and other developing media (Gordon 2010). Furthermore, they agreed to a certain extend that these new media will turn to be an overseer for traditional...
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