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The Roles of Strategic Planning in Organizational Crisis Management: The Case of Jordanian Banking Sector

Author

Listed:
  • Hasan Yousef Aljuhmani

    (Faculty of Business and Economics, Girne American University, Republic of North Cyprus,)

  • Okechukwu Lawrence Emeagwali

    (Faculty of Business and Economics, Girne American University, Republic of North Cyprus.)

Abstract

This study aimed to identify the roles of strategic planning in organizational crisis management on Jordanian banks in Ramtha. The main goal of conducting this study is to measure the external and internal orientation in strategic planning and the crisis management from four different perspectives: Signal detection, preparation and prevention, crisis recovery and learning on Jordanian banks in Ramtha. The research provides a substantial and original contribution to the fact that it deals with economic sector, the banking sector, which is one of the most vulnerable sectors of the crises, especially in the light of the political conditions, economic instability and the Arab Spring, which is pushing the researcher to know how to take benefit of the features provided by strategic planning and its role in crisis management. This study also showed that employees were either ignorant about crisis management stages or there was a clear disregard for crisis management stages at Jordanian banks in Ramtha.

Suggested Citation

  • Hasan Yousef Aljuhmani & Okechukwu Lawrence Emeagwali, 2017. "The Roles of Strategic Planning in Organizational Crisis Management: The Case of Jordanian Banking Sector," International Review of Management and Marketing, Econjournals, vol. 7(3), pages 50-60.
    • Handle: RePEc:eco:journ3:2017-03-06
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    References listed on IDEAS

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    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Maria Luisa Cotana & Maria Rita Filocamo & Rubina Michela Galeotti, 2024. "Exploring Social Media's Role in Planning and Control Strategies," International Journal of Business and Management, Canadian Center of Science and Education, vol. 19(1), pages 116-116, February.
    2. Raed Hussam Alzoubi & Amar Hisham Jaaffar, 2020. "The Mediating Effect of Crisis Management on Leadership Styles and Hotel Performance in Jordan," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 11(4), pages 384-397, July.
    3. Ali Hassan Haraj* & Mohammed Hameed, 2019. "Impact of Strategic Planning on Human Resources Management Practices: An Empirical Study of Iraq," The Journal of Social Sciences Research, Academic Research Publishing Group, vol. 5(3), pages 626-633, 03-2019.
    4. Ethar Khalaf Ibrahim ALHumeisat & Samer Abdulmajid Hazeem ALBashabsheh, 2020. "The Impact of Transformational Leadership on Crisis Management in the Cellular Communications Sector in Jordan," Modern Applied Science, Canadian Center of Science and Education, vol. 14(12), pages 1-27, December.
    5. Raed Hussam Alzoubi & Amar Hisham Jaaffar, 2021. "The Moderating Effect of Leaders¡¯ Experience on Leadership Styles and Crisis Management in the Jordanian Hotel Sector," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 12(1), pages 297-309, January.
    6. Alla Mostepaniuk & Elsie Nasr & Razan Ibrahim Awwad & Sameer Hamdan & Hasan Yousef Aljuhmani, 2022. "Managing a Relationship between Corporate Social Responsibility and Sustainability: A Systematic Review," Sustainability, MDPI, vol. 14(18), pages 1-23, September.

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    More about this item

    Keywords

    Strategic Planning; Crisis Management; Jordanian Banks; Performance;
    All these keywords.

    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other

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