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Sustainability of the Organizational Changes in the Context of Global Economic Crisis

Author

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  • Armenia Androniceanu

    () (Academy of Economic Studies, Bucharest, Romania)

  • Irina-Virginia Drăgulănescu

    (Messina University, Messina, Italy)

Abstract

In recent years, as a result of the hastening economic crisis, the Romanian business environment has known important changes. This paper presents and analyzes the changes caused by globalization in small and medium enterprises that exports goods and services from Bucharest. The purpose of the research was to discover the impact of global crisis upon the concerned group of enterprises and the organizational changes implemented by them. Through the research we succeeded to identify the main problems that occurred in the target group enterprises in the context of global economic crisis and what caused the reduction in their developing rhythm. Another part of the paper contains an analysis of the managers perceptions regarding the governmental anti-crisis measures and strategic and tactical changes initiated by them as a natural need to adapt to the particularities of the internal and international business environment. The final part includes the conclusions of the research and a sum of recommendations for efficient management of organizational changes in target group enterprises, with the possibility of generalizing them to all Romanian small and medium enterprises.

Suggested Citation

  • Armenia Androniceanu & Irina-Virginia Drăgulănescu, 2012. "Sustainability of the Organizational Changes in the Context of Global Economic Crisis," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 14(32), pages 365-379, June.
  • Handle: RePEc:aes:amfeco:v:14:y:2012:i:32:p:365-379
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    References listed on IDEAS

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    1. Marieta Olaru & Vasile Dinu & Ghiorghiţa Stoleriu & Diana Şandru & Violeta Dincă, 2010. "Responsible Commercial Activity Of Smes And Specific Values Of Sustainable Development In Terms Of The European Excellence Model," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 12(27), pages 10-26, February.
    2. Armenia ANDRONICEANU, 2011. "Transparency Of The Romanian Local Public Administration," REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC, Faculty of Administration and Public Management, Academy of Economic Studies, Bucharest, Romania, vol. 2011(17), pages 33-46, December.
    3. Dumitru Miron & Alina Mihaela Dima & Simona Vasilache, 2010. "Models Of The Intra-Regional Trade Influence On Economic Sustainable Development In Romania," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 12(27), pages 27-35, February.
    4. Armenia ANDRONICEANU, 2011. "Urban Management Development From The Perspective Of The Living Standard In Bucharest," Theoretical and Empirical Researches in Urban Management, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 6(4), pages 20-32, November.
    5. Emilian Dobrescu, 2009. "Estimating the Total Factor Productivity in Romanian Economy," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 11(26), pages 512-521, June.
    6. Armenia ANDRONICEANU & Simona SORA, "undated". "Diplomatic Training And Knowledge Management A New Challenge For The Human Resources Specialists In Diplomacy," Proceedings of the Fifth "Administration and Public Management" International Conference: "Public Institutions' Capacity to Implement the Administrative Reform Process", Bucharest, June 23-24, 2009 9, Research Centre in Public Administration and Public Services, Bucharest, Romania.
    7. Sorin BURLACU, 2011. "Characteristics of Knowledge-Based Economy and New Technologies in Education," REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC, Faculty of Administration and Public Management, Academy of Economic Studies, Bucharest, Romania, vol. 2011(16), pages 114-119, June.
    8. Armenia ANDRONICEANU, 2011. "Motivation of the Human Resources for a Sustainable Organizational Development," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 14(2), pages 425-438, December.
    9. Vasile Dinu, 2010. "Commercial Activity And The Sustainable Development," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 12(27), pages 5-7, February.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Armenia ANDRONICEANU & Gurgen OHANYAN, 2015. "Cooperation between European Governments and the IMF: Conditionality Impact on Employment within the EU," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 16(3), pages 324-334, July.
    2. Gurgen OHANYAN, 2013. "The Sway of IMF Policies on the Romanian Economy amid Global Financial Crisis," REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC, Faculty of Administration and Public Management, Academy of Economic Studies, Bucharest, Romania, vol. 2013(21), pages 27-42, December.
    3. Mihaela IVAN, 2013. "Study over the Stakeholder’s Proactive Attitude in the Decision-Making Process regarding the Reorganization of the Public Health System in Romania," REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC, Faculty of Administration and Public Management, Academy of Economic Studies, Bucharest, Romania, vol. 2013(21), pages 6-26, December.
    4. Armenia ANDRONICEANU, 2013. "Local Public Management and Business Environment in Time of Globalized Economic Crisis," REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC, Faculty of Administration and Public Management, Academy of Economic Studies, Bucharest, Romania, vol. 2013(21), pages 84-91, December.
    5. Armenia Androniceanu, 2017. "The Three-Dimensional Approach of Total Quality Management, an Essential Strategic Option for Business Excellence," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 19(44), pages 1-61, February.
    6. Xiangxuan Xu, 2012. "Internet of Things in Service Innovation," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 14(Special N), pages 698-719, November.
    7. Celia Dana BESCIU, 2013. "Personnel Satisfaction Study regarding the Emergency Medical Services’ Quality of Bucharest Hospitals," REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC, Faculty of Administration and Public Management, Academy of Economic Studies, Bucharest, Romania, vol. 2013(21), pages 71-83, December.
    8. Armenia ANDRONICEANU, 2014. "A Polycentric Approach For An Effective Urban Systematization Of Bucharest," Theoretical and Empirical Researches in Urban Management, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 9(3), pages 87-96, August.
    9. Maurizio Lanfranchi & Carlo Giannetto & Angelina De Pascale & Remus Ion Hornoiu, 2015. "An Application of Qualitative Risk Analysis as a Tool Adopted by Public Organizations for Evaluating “Green Projects”," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 17(40), pages 872-872, August.
    10. Armenia ANDRONICEANU, 2014. "Absorption of the structural funds by the local administration of Bucharest," REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC, Faculty of Administration and Public Management, Academy of Economic Studies, Bucharest, Romania, vol. 2014(23), pages 36-45, December.
    11. repec:rom:rmcimn:v:18:y:2017:i:3:p:297-307 is not listed on IDEAS
    12. repec:rom:rampas:v:2016:y:2016:i:26:p:6-24 is not listed on IDEAS
    13. repec:gam:jsusta:v:9:y:2017:i:6:p:1051-:d:101773 is not listed on IDEAS
    14. Pedro Guedes de Carvalho & Zélia Serrasqueiro & Paulo Maças Nunes, 2013. "Profitability determinants of fitness SMEs: Empirical evidence from Portugal using panel data," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 15(34), pages 417-430, June.
    15. repec:rom:rampas:v:2017:y:2017:i:28:p:81-96 is not listed on IDEAS
    16. Alina CIOBANU, 2013. "An Overview of the Human Resources Activities in Central Government Institutions," REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC, Faculty of Administration and Public Management, Academy of Economic Studies, Bucharest, Romania, vol. 2013(21), pages 58-70, December.

    More about this item

    Keywords

    organizational change; sustainability; globalization; global crisis;

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics

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