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On the Role and Competencies of the Crisis Manager in Business Organizations

Author

Listed:
  • Daniela Yordanova

    ("St. Cyril and St. Methodius" University of Veliko Tarnovo, Bulgaria)

Abstract

The effectiveness of management in times of crisis depends to a large extent on the organizational competencies of managers. Speaking of management efficiency, we need to mention the so-called management triad, which involves formulating tasks, delegating authority, and controlling the performance of dads. Manager performance is determined by many metrics. Among the most important ones are: employee interaction, team motivation, communications, and feedback mechanisms that allow managers’ work to be evaluated.

Suggested Citation

  • Daniela Yordanova, 2020. "On the Role and Competencies of the Crisis Manager in Business Organizations," Ikonomiceski i Sotsialni Alternativi, University of National and World Economy, Sofia, Bulgaria, issue 1, pages 134-144, March.
    • Handle: RePEc:nwe:iisabg:y:2020:i:1:p:134-144
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    More about this item

    Keywords

    competencies; crisis manager; business organizations;
    All these keywords.

    JEL classification:

    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration

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