Management in times of crises: reflections on characteristics, avoiding pitfalls, and pathways out

Ricarda B. Bouncken (), Sascha Kraus () and Antonio Lucas Ancillo ()
Additional contact information
Ricarda B. Bouncken: University of Bayreuth
Sascha Kraus: Free University of Bozen-Bolzano
Antonio Lucas Ancillo: University of Alcalá

Review of Managerial Science, 2022, vol. 16, issue 7, No 1, 2035-2046

Abstract: Abstract The world is shaken by global crises that have severe implications for firms and their management. But what is characteristic of a global crisis, and why do firms and their managers often fail to deal proactively and strategically with coping strategies for crises. This introductory paper explains the characteristics of crises and important underlying management behavior. These behaviors are most important to understand because they might escalate or reduce the effects of a global crisis in firms. We also explain the challenges associated with emphasizing the local effects of crises while ignoring or downplaying their global effects. Finally, we present the papers in this special issue that provide specific answers that can help to deal with aspects of a global crisis.

Keywords: Crisis management; COVID-19; Ukraine war; Climate change; Entrepreneurship; Innovation (search for similar items in EconPapers)
JEL-codes: M1 M10 M19 M20 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://link.springer.com/10.1007/s11846-022-00580-2 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:rvmgts:v:16:y:2022:i:7:d:10.1007_s11846-022-00580-2

Ordering information: This journal article can be ordered from
http://www.springer.com/business/journal/11846

DOI: 10.1007/s11846-022-00580-2

Access Statistics for this article

Review of Managerial Science is currently edited by R. Ewert and W. Kürsten

More articles in Review of Managerial Science from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().