Leading in a VUCA / BANI Scenario - New Approaches in Crisis Management
Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Human Resources Management (Elective) — CAIIB.
One-liners from this chapter
Free sample — 8 of 79 rapid-fire Q&A cards.
Structure — Incident / Crisis?
Incident: Has structure — produced by identifiable, assessable risks; Crisis: Ill-structured, unpredictable
Response — Incident / Crisis?
Incident: Pre-prepared response in BCP works; Crisis: Genuinely creative response required; pre-prepared plans may be counter-productive
Scale — Incident / Crisis?
Incident: Contained; Crisis: Escalates beyond contingency-plan limits
Example (banking) — Incident / Crisis?
Incident: ATM cash-out, branch power failure; Crisis: Pan-India UPI outage, cyber heist, run on bank
Natural Crisis — Origin / Banking example?
Origin: Acts of nature; Banking example: 2018 Kerala floods stalling branch operations
Industrial Crisis — Origin / Banking example?
Origin: Organised industrial activity causing damage; Banking example: Yes Bank moratorium March 2020
Level 1 — A Clear-Enough Future — Nature / Tools / Strategy / Banking example?
Nature: A single forecast precise enough for strategy; Tools / Strategy: Standard kit — market research, Porter's Five Forces, value-chain analysis, DCF (Discounted Cash Flow); Banking example: Branch profitability forecast in a mature urban market
Level 2 — Alternate Futures — Nature / Tools / Strategy / Banking example?
Nature: A few discrete outcomes; probabilities can be assigned; Tools / Strategy: Scenario planning + decision-tree / decision-analysis with a separate valuation model per scenario; Banking example: RBI's interest-rate-cycle pivot — repo cut OR hold
MCQ practice tests
Chapter-wise mock tests with instant scoring.
PDF study notes
More chapters in Module E - Extras
Related articles & notes
In-depth Human Resources Management (Elective) guides from our blog.
Master the full HRM syllabus
Every chapter of Human Resources Management (Elective) — videos, tests, notes and one-liner decks in one place.