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Managerial competencies in tackling an acute company crisis

R. Zuzák and P. Rymešová
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R. Zuzák: Czech University of Life Sciences, Prague, Czech Republic
P. Rymešová: Czech University of Life Sciences, Prague, Czech Republic

Agricultural Economics, 2008, vol. 54, issue 3, 125-128

Abstract: The crisis manager's goal is not only to stop the crisis development in the company, but, as a further step, to achieve the fundamental turnover in its development leading to a successful solution. Crisis management requires completely different managerial competencies from those used in "standard" periods as time pressure is a negative factor aggravating the situation and in addition to that, resources are reduced calling for stimulation. A crisis manager should motivate both himself and the staff and it is he who is expected to be creative even under pressure.

Keywords: company crisis; crisis management; turnover; managerial competencies (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:caa:jnlage:v:54:y:2008:i:3:id:240-agricecon

DOI: 10.17221/240-AGRICECON

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