Consequences of the Pandemic and Future Management of the Company

Piotr Potejko

European Research Studies Journal, 2021, vol. XXIV, issue 3 - Part 1, 1031-1038

Abstract: Purpose: The pandemic which impacted the whole world has changed not only the previous notion of crisis management, but also the notion of change management in business. The coronavirus has activated new roles and tasks for enterprises. New strategies’ model, both in the course of counteracting the pandemic, as well as in different areas of business management, is the requirement of this new time. Design/Methodology/Approach: The method of diagnostic analysis was used for the completion of this examination to define the security level and the role of management in the period of pandemic and the initial post-pandemic period, as well as predictive method, to define the potential future shape of the organization. Findings: The crisis induced by the pandemic clearly indicated the need of modernising the existing policies and strategies and setting new trends of flexible adjustment to the changing circumstances and to the changing reality. It has been stated that the management of a company, particularly in the areas of security in global crisis conditions were not assessed by managers. Originality/value: The article discusses issues directly connected with the management of selected aspects of company lives in the period of pandemic and predicts activities for companies in the future.

Keywords: Business; company management; crisis; security; new technologies; innovations; economy; strategy; digital transformation; digital world; information management; information systems; information technology (search for similar items in EconPapers)
JEL-codes: B41 D80 D81 F52 F53 H84 O31 O32 O33 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:ers:journl:v:xxiv:y:2021:i:3-part1:p:1031-1038

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