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Consequences of the Pandemic and Future Management of the Company

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  • Piotr Potejko

Abstract

Purpose: The pandemic which impacted the whole world has changed not only the previous notion of crisis management, but also the notion of change management in business. The coronavirus has activated new roles and tasks for enterprises. New strategies’ model, both in the course of counteracting the pandemic, as well as in different areas of business management, is the requirement of this new time. Design/Methodology/Approach: The method of diagnostic analysis was used for the completion of this examination to define the security level and the role of management in the period of pandemic and the initial post-pandemic period, as well as predictive method, to define the potential future shape of the organization. Findings: The crisis induced by the pandemic clearly indicated the need of modernising the existing policies and strategies and setting new trends of flexible adjustment to the changing circumstances and to the changing reality. It has been stated that the management of a company, particularly in the areas of security in global crisis conditions were not assessed by managers. Originality/value: The article discusses issues directly connected with the management of selected aspects of company lives in the period of pandemic and predicts activities for companies in the future.

Suggested Citation

  • Piotr Potejko, 2021. "Consequences of the Pandemic and Future Management of the Company," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 1031-1038.
  • Handle: RePEc:ers:journl:v:xxiv:y:2021:i:3:p:1031-1038
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    More about this item

    Keywords

    Business; company management; crisis; security; new technologies; innovations; economy; strategy; digital transformation; digital world; information management; information systems; information technology;
    All these keywords.

    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • F52 - International Economics - - International Relations, National Security, and International Political Economy - - - National Security; Economic Nationalism
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • H84 - Public Economics - - Miscellaneous Issues - - - Disaster Aid
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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