Navigating the New Globalization Crisis Through Innovation and Change Management: An Examination of the Stra.Tech.Man–R.A.S.I. Framework

Charis Vlados and Dimos Chatzinikolaou

No 8-2024, DUTH Research Papers in Economics from Democritus University of Thrace, Department of Economics

Abstract: This chapter presents the STRA.TECH.MAN–R.A.S.I. framework in response to various global crises currently unfolding, including COVID-19, climate change, and the Russo-Ukrainian war. By combining the dimensions of Strategy, Technology, and Management (STRA.TECH.MAN) with those of Resilience, Adaptability, Sustainability, and Inclusiveness (R.A.S.I.), this approach addresses immediate priorities in today’s turbulent world. The framework offers an integrative theoretical model to guide businesses through innovation and change management in the face of significant global transformations. We argue that our proposed scorecard, accessible and applicable to organizations of varied scales and nature, paves the way for effective crisis management under the prevailing global crisis conditions. Conceptual in nature, this theoretical proposal underscores potential avenues for future research.

Keywords: Stra.Tech.Man approach; new globalization; organizational strategy; crisis; innovation (search for similar items in EconPapers)
JEL-codes: D23 F60 L10 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2024-10-08
New Economics Papers: this item is included in nep-cis, nep-env and nep-int
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