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Integration of the Processes of Strategic and Crisis Management in the Conditions of Crisis

Author

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  • Tzveta Zafirova

    (University of Economics - Varna, Varna, Bulgaria)

Abstract

The aim of the article is to study the relationship between the processes of strategic management and crisis management and their integration into strategic crisis management. The study is based on a study of a large number of literature sources clarifying the relationship between the two processes. A comparative analysis was made between the two processes. The place and role of strategic crisis management in the historical transformation of the traditional management process is sought. The thesis is accepted that crisis management is inextricably linked to strategic management and both processes must be integrated into one process of strategic crisis management.

Suggested Citation

  • Tzveta Zafirova, 2021. "Integration of the Processes of Strategic and Crisis Management in the Conditions of Crisis," Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, Union of Scientists - Varna, Economic Sciences Section, vol. 10(1), pages 158-168, April.
    • Handle: RePEc:vra:journl:v:10:y:2021:i:1:p:158-168
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    More about this item

    Keywords

    strategic management; crisis management; strategic crisis management; strategic approach;
    All these keywords.

    JEL classification:

    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration
    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other

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