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Strategic Management In A Crisis Context

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  • VASILE DEAC

Abstract

The current crisis, more than any other disturbing factor, provoked a rough breach in the management’s daily routine, involving major transformations, especially in the enterprises’ strategic management. The complex reality in which a modern company activates, its position, role and responsibilities, makes its strategic management an extremely complex one, a tridimensional process, its three dimensions being: rational and analytic (economic dimension); political (human dimension); bureaucratic (organizational dimension). The strategic management implies taking into consideration simultaneously the three dimensions, each dimension having its role and importance according to the respective context. Omitting a dimension or favouring one of them against another without taking into consideration the context may lead to inadequate, incomplete and sometimes even destructive strategic and organizational behaviours.

Suggested Citation

  • Vasile Deac, 2012. "Strategic Management In A Crisis Context," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 6(1), pages 102-109, November.
    • Handle: RePEc:rom:mancon:v:6:y:2012:i:1:p:102-109
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    References listed on IDEAS

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    1. Oecd, 2010. "Competition in Bidding Markets," OECD Journal: Competition Law and Policy, OECD Publishing, vol. 10(1), pages 69-151.
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    Cited by:

    1. Vasile DEAC & Mihai VRÎNCUÞ, 2013. "Price Management Paradoxes In The Romanian Economic Crisis," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 7(1), pages 48-55, November.
    2. Mirko Pesic & Teufik Cocic, 2014. "Organizational Aspects Of Modern Management In 21st Century," Interdisciplinary Management Research, Josip Juraj Strossmayer University of Osijek, Faculty of Economics, Croatia, vol. 10, pages 304-311.
    3. Gheorghe CÂRSTEA & Oana PÃUN, 2013. "Increasing The Role Of The Function Of Ensuring Material Resources As An Active Participant In The Development Of Strategies Under Current Conditions," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 7(1), pages 81-87, November.
    4. Fahid Ben Hamed Al Thani & Abdallah Mishael Obeidat, 2020. "The Impact of Strategic Leadership on Crisis Management," International Journal of Asian Social Science, Asian Economic and Social Society, vol. 10(6), pages 307-326, June.

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