Survival of the firm, faced with crisis is considered to be of strategic concern for its stakeholders, As such mature actions taken to help organizations, avert crises or more effectively manage those that do occur, is of strategic importance.
This article reviews some of the most important theories and alternative views related to the concept of crisis and organizational crisis management. Lack of adequate integration among different research perspectives is illustrated and a need to multidisciplinary approach to crisis management and its alignment with the strategic management framework of the firm is emphasized.
