Daniel Fehringer

Permacrisis: What does permacrisis mean? The world as we know it is in a state of continuous change, characterised by a succession of crises that vary in nature and scale but share a common constant: inevitability. The term ‘permacrisis’ captures this new reality and requires companies and organisations to rethink the way they plan, operate and adapt. This article provides a more detailed insight into the topic of permacrisis and explores how organisations can thrive in this volatile landscape. What is a permacrisis? The term permacrisis is a combination of ‘permanent’ and ‘crisis’ and describes a state in which companies

Polycrisis: What is a polycrisis? In our fast-moving and complex world, companies are increasingly encountering the phenomenon of the ‘polycrisis’. This term, which has become established in economic and political discourse in recent years, describes a situation in which several crises occur simultaneously or in close succession and influence or reinforce each other. Here you will find a definition of the term polycrisis and how it is derived. We also shed light on where polycrises occur, how they can affect companies and what well-known examples there have been in the past. Definition of polycrisis: derivation and origin The word ‘polycrisis’

Supply Chain Continuity Management (SCCM) Supply chain continuity management (SCCM) refers to the strategic planning and management of measures to ensure the continuous functioning and efficiency of an organisation’s supply chain. The term is derived from the need to protect supply chains against various risks and potential disruptions that can be caused by factors such as natural disasters, political unrest, economic fluctuations or technological failures. SCCM involves identifying these risks, assessing their potential impact on the supply chain and developing strategies to mitigate risk and quickly restore the supply chain in the event of a disruption. This includes not only

Shitstorm Definition of the term ‘shitstorm’ According to the Oxford English Dictonary, a shitstorm is ‘a situation marked by violent controversy’. The term was first mentioned in 1940 in ‘The One-Eyed Man Is King: A Story of Winning’. In general, the word refers to a chaotic and sometimes emotionally charged situation. The term ‘shitstorm’ therefore comes from English and has a broader meaning there than in German. In German, the word describes a form of public outrage. Criticism and anti-social behaviour are often present in a shitstorm. The word as a term for a crisis situation for social media occurs

Emergency – Definition and explanation An emergency is a situation or condition in which an object, animal or person is in immediate danger. This general definition of the term ‘emergency’ is defined differently or more precisely depending on the area of activity. Examples: In information management, an emergency is a disruption that causes damage and must be countered with appropriate measures. In a psychological emergency, the psyche plays a role: emergencies are events that are objectively or subjectively so intense that they can have negative consequences for mental health. There are three levels of risk in an emergency that apply

Crisis – What is a Crisis? The concept of crisis, derived from the Greek word ‘krísis’, originally means decision or turning point and was used in a medical context to describe the critical point of an illness. Today, the term is more far-reaching and refers to a phase of significant uncertainty, difficulty or instability. A crisis represents a serious threat to the basic structures or fundamental values and norms of a system and requires urgent action. In our modern world, we encounter crises in various forms: from natural disasters and political unrest to economic and technological challenges. The essence of

FORDEC What does FORDEC mean? FORDEC is a method for decision-making. This principle comes from aviation and is also abbreviated to FOR-DEC. Other names are: What does FORDEC stand for? The word FORDEC is an acronym. It is an abbreviation formed from the initial letters. What do the individual letters stand for? F – Facts What are the facts? Each member of the team answers this question alone. Each individual then presents their findings. This creates a comprehensive picture of the overall situation. This step is extremely important because it determines what needs to be paid attention to. O –