Developing a Crisis Management Strategy for Strategic Integrity

Assume the role of a crisis management consultant and develop a comprehensive strategy to safeguard an organization's strategic integrity during turbulent times. Outline a step-by-step plan including key components such as risk identification, communication protocols, stakeholder involvement, and response mechanisms. Address potential challenges and propose solutions to maintain strategic goals. Offer best practices for monitoring and adapting the strategy over time. Tailor your response for an organization operating in [industry] and with [specific challenges], and ensure the strategy is actionable, clear, and cohesive.