An Analysis of the Theories for the Development and Selection of Crisis Strategies in Organizations

The social and economic reality shows that the impact of organizational crises is becoming increasingly significant, which highlights the need to examine how organizations manage such situations through the development and effective selection of strategies.This paper identifies several widely used theories that support the development and selection of crisis strategies in organizations and analyzes them, outlining the benefits and shortcomings of each.The theories discussed include Contingency Theory, Communication Theory, and Stakeholder Theory.By reviewing those approaches, the paper aims to offer a clearer understanding of the theoretical foundations that can guide organizational responses to crisis.