Unless you are a one-man show – and often even then, you will have to engage in choosing partners for you ventures. This is even more important than choosing your employees, as splitting up with a business partner usually comes with great difficulty (such as legals proceedings). Now the next question would be, what to look at? From my own experience, my family history and from many stories I have heard from current partners or mentors, we will cover some of the important points. As Warren Buffet says: “You cannot make a good deal with a bad person.”

Especially in crisis you will not have many decisions with a clarity about them. Thus, your ability to think in probabilities becomes incredibly valuable. By using probabilistic thinking your chances of success in a crisis will increase dramatically.

Coming from an engineering background, I principally use the Design Thinking Process when solving problems. After much reflection, I have noticed that the way designers and product developers think is not used a lot in management. So, how does one apply Design Thinking in crisis management?

Making the right decisions is probably the most important skill you can have in life. In a crisis scenario, the decisions you make are even more crucial than under normal circumstances. Therefore, in this article will cover nine tips for effective decision-making in times of crisis.

In this article we shall have a look at how the wisdom of stoic philosophers can be applied in a crisis or rather how stoic wisdom will help you get through a crisis.