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Strategy in Crisis Management

Author

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  • Koushafard, Shirin

Abstract

Nowadays, crisis management is a fundamental part of strategic management. Before pursuing any kind of long-term goals, crisis management is necessary for the guarantee of stability and continuous success in an organization. The effective and efficient survival of organization is typically considered as a strategic goal for its beneficiary parts in the path of creating short- and long-term interests. From this perspective, the methods which organization considers for confronting disasters and its survival guarantee can include a part of strategy. Nowadays, by utilizing the findings of crisis management and its combination with the achievements of strategic management, the managers attempt to prevent unpredictable dangerous waves. Crisis management is considered as a scientific major, generally in the area of strategic management and it is a process for the prevention of crisis or minimizing its effects at the time of a crisis occurrence and for accomplishing the process, the worst conditions should be planned and then methods should be searched for managing and solving them. Basically, the organizations which are the subjects of crisis need more preparedness (Behnamiri, 2012).

Suggested Citation

  • Koushafard, Shirin, 2013. "Strategy in Crisis Management," MPRA Paper 64734, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:64734
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    File URL: https://mpra.ub.uni-muenchen.de/64734/1/MPRA_paper_64734.pdf
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    More about this item

    Keywords

    Keywords: Crisis; Crisis Management; Strategic Management; Vision;

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions
    • M0 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • 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
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy
    • O29 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Other

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