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How to deal with crisis knowing change management principles

Author

Listed:
  • Eduard CEPTUREANU

    (Bucharest Academy of Economic Studies, Romania)

  • Sebastian CEPTUREANU

    (Bucharest Academy of Economic Studies, Romania)

Abstract

International crisis, market transparency, labor mobility, global capital flows, and instantaneous communications have blown scenario that senior executives in large companies had a simple goal for themselves and their organizations: stability. Shareholders wanted little more than predictable earnings growth In most industries — and in almost all companies— heightened global competition has concentrated management’s collective mind on something that, in the past, it happily avoided: change. Management of change represents an important responsibility for the managers and specialists, for those who have not only to assure the survival of the organization, but to assure the fundamentals for future development and competitiveness.

Suggested Citation

  • Eduard CEPTUREANU & Sebastian CEPTUREANU, 2009. "How to deal with crisis knowing change management principles," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 10(1), pages 157-162, March.
  • Handle: RePEc:rom:rmcimn:v:10:y:2009:i:1:p:157-162
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    File URL: https://www.rmci.ase.ro/no10vol1/Vol10_No1_Article14.pdf
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    Citations

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    Cited by:

    1. Gheorghe CARSTEA & Razvan-Andrei CORBOS, 2011. "Strategic Analysis on the Public Power INfluence," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(6), pages 172-178, December.

    More about this item

    Keywords

    change; management; competition; crisis; principles of change.;
    All these keywords.

    JEL classification:

    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • M29 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Other

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