Crisis Management in German Leasing Companies
Christian Glaser ()
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Christian Glaser: University of Portsmouth
A chapter in Crisis Management for Small and Medium-Sized Enterprises (SMEs), 2022, pp 165-190 from Springer
Abstract:
Abstract The globalized “VUCA world” (volatility, uncertainty, complexity and ambiguity) with numerous crises over the last years and increasing complexity leads to a higher need for crisis management also for leasing SMEs. Also, COVID-19 showed recently the importance of immediate actions during crises. In comparison with other industries, the German leasing industry is regulated through banking supervision. Therefore, the respective implementation and execution of crisis management are subject to public investigations performed by the regulatory auditors. Regulative requirements focus mainly on IT aspects. The following article comes up with a comprehensive approach considering not only IT but also other important aspects such as liquidity management, HR and (knowledge) risk management as well as business continuity management.
Keywords: Crisis management; CM; Leasing; German; Crises; Contingency planning (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-030-91727-2_11
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DOI: 10.1007/978-3-030-91727-2_11
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