IDEAS home Printed from https://ideas.repec.org/a/ers/journl/vxxviy2023i4p339-353.html
   My bibliography  Save this article

Crisis Management and Crisis Situation in the Organization

Author

Listed:
  • Zbigniew Ciekanowski
  • Julia Nowicka
  • Slawomir Zurawski
  • Artur Czech
  • Malgorzata Zdunek

Abstract

Purpose: The aim of the article is to present the problems of crisis management and crisis situation in an organisation, taking into consideration that crisis is an integral part of the functioning of any organisation. Design/Methodology/Approach: Realisation of the goal indicated will help find an answer to the research problem: How does the occurrence of a crisis affect the functioning of an organisation, particularly in a time of chaos and uncertainty? Qualitative methods were applied to obtain an answer to the research question posed. The research made use of the latest report containing statistics concerning crisis and resilience of organisations, an analysis was also conducted based on both domestic and foreign scientific articles from recent years. Findings: The authors formulated the following conclusions: Crisis is inevitable, but its effects can be mitigated. Organisations which are prepared for a crisis have a greater chance of successfully overcoming it. Crisis management is a complex process requiring the commitment of the entire team. Organisations should conduct regular reviews of their crisis plans to ensure that they have not become outdated and their effectiveness has not decreased. Organisations should also carry out crisis training to test their plans and prepare employees for the event of a crisis. Practical implications: Crises may have various intensities and effects. Some may be short lasting and have no significant impact on the working of the organisation. Others may be long-term and lead to serious losses, or even the collapse of a company. In order to minimise the risk of a crisis, organisations should apply the appropriate crisis management strategies. which indicates the necessity to take these into account in the organisation’s practices, in plans and action strategies, stressing the creation of various scenarios for future development. Originality/Value: An analysis of the materials gathered proves that crises may become a catalyst for change with regard to generating new solutions in the field of coping with crisis situations in an organisation. Particularly noteworthy are organisations in the energy, technology, media and communications sectors, and in the health industry, due to the experience they have in implementing integrated programmes to increase immunity, which may inspire other organisations to take such decisions.

Suggested Citation

  • Zbigniew Ciekanowski & Julia Nowicka & Slawomir Zurawski & Artur Czech & Malgorzata Zdunek, 2023. "Crisis Management and Crisis Situation in the Organization," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 339-353.
  • Handle: RePEc:ers:journl:v:xxvi:y:2023:i:4:p:339-353
    as

    Download full text from publisher

    File URL: https://ersj.eu/journal/3288/download
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Trang Doan Do & Ha An Thi Pham & Eleftherios I. Thalassinos & Hoang Anh Le, 2022. "The Impact of Digital Transformation on Performance: Evidence from Vietnamese Commercial Banks," JRFM, MDPI, vol. 15(1), pages 1-15, January.
    2. Stavros H. Arvanitis & Irakleia S. Tzigkounaki & Theodoros V. Stamatopoulos & Eleftherios I. Thalassinos, 2012. "Dynamic Approach of Capital Structure of European Shipping Companies," International Journal of Business and Economic Sciences Applied Research (IJBESAR), International Hellenic University (IHU), Kavala Campus, Greece (formerly Eastern Macedonia and Thrace Institute of Technology - EMaTTech), vol. 5(3), pages 33-63, December.
    3. Eleftherios Thalassinos & Dimitrios Maditinos & Athanasios Paschalidis, 2012. "Observing evidence of insider trading in the Athens Stock Exchange," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 1(1), pages 1-26, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. John Chalikias, 2015. "Greek Economy: 1950 - 2014: The 30 Year Road Leading to the Greek Financial Crisis and the IMF-EU-ECB Bail-Out: Investments and Exports Are the Way Out," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(1), pages 67-78.
    2. Nurul Hidayah & Wahyudin Zarkasyi, 2017. "The Effect of Human Resources Management Competency and the Role of Culture on Accrual Accounting Implementation Effectiveness and the Impact on Quality of Accounting Information," European Research Studies Journal, European Research Studies Journal, vol. 0(4B), pages 183-199.
    3. Zaneta Kielanowicz & Tomasz Wnuk-Pel, 2023. "Financial Processes Automations’ Impact on the Work of Management Accountants," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 61-77.
    4. Marek Ciekanowski & Slawomir Żurawski & Zbigniew Ciekanowski & Yury Pauliuchuk & Jan Boguski, 2023. "The Impact of Digitalization and the COVID-19 Pandemic on Information Security Management in the Enterprise," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 750-763.
    5. Aleksey Vladimirovich Gribanov & Vladimir Vladimirovich Mitrokhin & Mariya Viktorovna Vilkova, 2017. "Innovation as the Main Factor for Sustainable Development of a Commercial Bank," European Research Studies Journal, European Research Studies Journal, vol. 0(4A), pages 408-416.
    6. Persefoni Polychronidou & Ioannis Petasakis & Giannoula Florou & Anastasios Karasavvoglou, 2014. "Consuming Foods and Household Products in Greece: A Statistical Analysis," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 99-110.
    7. Bilgehan Tekin, 2021. "Modeling the Relation of Financial Integration-Economic Growth with GMM and QR Methods," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 8, pages 32-47.
    8. Silviu Carstina & Marian Siminica & Daniel Circiumaru & Anca Bandoi, 2015. "Country Risk Decision-Maker in Applying the Yield Cash-Flow Estimate," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(1), pages 1-79–89.
    9. Ekaterina A. Potapova & Maxim O. Iskoskov & Natalia V. Mukhanova, 2022. "The Impact of Digitalization on Performance Indicators of Russian Commercial Banks in 2021," JRFM, MDPI, vol. 15(10), pages 1-20, October.
    10. George C. Bitros, 2016. "Ocean Shipping: By Far the Best Growth Model for Greece," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 44-58.
    11. Dariusz Bernacki, 2021. "Revealing the Impact of Increased Tanker Size on Shipping Costs," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 604-621.
    12. Konstantinos Liapis & Antonios Rovolis & Christos Galanos, 2013. "Toward a Common Tax Regime for the European Union Countries," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 93-116.
    13. Piotr Ladny, 2023. "Cyber Protection Activities for Citizens in Poland Compared to the EU," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 208-223.
    14. Dominika Krol-Smetak & Ireneusz Miciula & Apoloniusz Kurylczyk & Malgorzata Chojnacka & Karolina Rogowska & Monika Rozycka, 2023. "Analysis of the Impact of Implemented IT Systems on the Economic Efficiency of Enterprises in the Construction Industry in the Context of Sustainable Development in Poland," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 901-915.
    15. Rizal Edy Halim, 2018. "The Economic Impact of Relationship Bonding Tactics: A Research Agenda," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 65-81.
    16. Harilaos F. Harissis & George E. Makrivogiatzakis & Stavros E. Arvanitis, 2013. "Risk Assessment in the Context of Internal Audit in Greek Listed Companies at Athens Stock Exchange," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(3), pages 14-37.
    17. Yulia Vladimirovna Gnezdova & Victoria Viktorovna Glekova & Nasrullah Abdurakhmanovich Adamov & Alexander Nikolaevich Bryntsev & Tatyana Andreevna Kozenkova, 2017. "Development Prospects of the Transport Infrastructure of Russia in the Conditions of Development of the Market of Transport and Logistic Services," European Research Studies Journal, European Research Studies Journal, vol. 0(4A), pages 619-631.
    18. Dimiter Nenkov Nenkov, 2016. "An Analytical Approach to Comparing Actual Vs. 'Fundamental Price-to-Sales' and “Enterprise Value-to-Sales†Ratios on the European Stock Market," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(4), pages 32-49.
    19. Waluyo, 2018. "Do Efficiency of Taxes, Profitability and Size of Companies affect Debt? A Study of Companies Listed in the Indonesian Stock Exchange," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 331-339.
    20. Andrzej S. Grzelakowski, 2023. "Costs and Benefits of the Disruptions Caused by the Pandemic Crisis and the Container Shipping Market’s Turbulences and their Allocation within the Global Supply Chains: An Analytical Approach," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 133-151.

    More about this item

    Keywords

    Economy; communication; crisis; organisation; management.;
    All these keywords.

    JEL classification:

    • J00 - Labor and Demographic Economics - - General - - - General
    • I10 - Health, Education, and Welfare - - Health - - - General
    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
    • A1 - General Economics and Teaching - - General Economics
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ers:journl:v:xxvi:y:2023:i:4:p:339-353. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marios Agiomavritis (email available below). General contact details of provider: https://ersj.eu/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.