Select a major organization that was located with a major natural disaster area, such as the Hurricane Katrina disaster area. Research their experiences and prepare a report detailing the unexpected challenges the organization encountered in returning their operations to normal. Give suggestions on what might be added to the organization’s contingency plan to mitigate those unexpected challenges.
Compared to a crucial time during the period where Malaysia was under Barisan Nasional and before the downfall of the party, Malaysia faced a financial crisis in July 1997, and several consequences were observed, specifically in the economic, social, and political aspects in Malaysia. It relates well to the pandemic Malaysia is facing now with the coronavirus because the economic view in 1997 depreciated by at least 50 per cent (Mohamed Ariff & Syarisa Yanti, 1999). At the time, Dr. Tun Mahathir set a recovery plan to ensure the financial crisis was settled. Thus, several actions were taken by the Malaysian government at the time, Barisan Nasional, to overcome the financial crisis such as using the extent of the current recovery, restructuring in the financial and corporate sectors, the role of selective capital controls, and the short to medium term outlook (Samuel, 2001). Ten years later and Malaysia sustained its political stability throughout the years because there were strong linkages between political stability and economic development. To be frank, the political situation in Malaysia was stable during Tun Dr. Mahathir Mohamed’s rule. Growth was achieved by a low inflation climate and low unemployment rate. Improvement in the maintenance of economic freedom was the only reliable way to generate a positive cycle of economic growth. Therefore, the government’s initiatives during this period of time for the success of financial packages should be a perfect example of how to handle an existential crisis for our country in times of need. In all fairness, the current government is less than three months old. As much as they should be at the top of their game, this disease shouldn’t solely be handled by the government when individually, the citizens of Malaysia should be prepared to make sacrifices, change in lifestyle and exercise social responsibility, within certain boundaries. The government should be on its way to make certain contingency plans to tackle this global crisis. Therefore, by playing our part, collectively and individually, just like diseases such as SARS or Influenza virus A (H1N1), we will overcome this pandemic in no time.>GET ANSWER