EconPapers    
Economics at your fingertips  
 

A Standard-Based Concept of the Integration of the Corporate Recovery Management Systems: Coping with Adversity and Uncertainty during a Pandemic

Tomasz Ewertowski
Additional contact information
Tomasz Ewertowski: Faculty of Engineering Management, Poznan University of Technology, 60-965 Poznan, Poland

Sustainability, 2022, vol. 14, issue 3, 1-20

Abstract: The aim of this study is to develop a conceptual model for the better coordination of recovery management systems to improve organizational performance in light of the new challenges of the COVID-19 pandemic. The author provides a revision of “the corporate recovery prism” model by presenting an extended standard-based concept of the integration of the corporate recovery management systems. It offers, among others, two new dimensions which result in a “pentagonal pyramid”. They emphasize the type of events in the individual elements of the concept and highlight the basis of the concept on standardization. The concept has been designed in order to develop the planning, preparation, and response to incidents from an event up to a crisis and, ultimately, to improve the company’s ability to thrive and prosper in an uncertain environment. For the initial validation of the concept, empirical research was conducted in Polish enterprises. The methodology of the survey is based on a questionnaire of the best practices in addressing the COVID-19 crisis in organizations. It is used for checking the relationships between organizational performance and a triad of the concept elements, such as organizational resilience (OR), crisis management (CM), and business continuity management (BCM). Using the survey results, a strong correlation was found between the triad and the performance. Therefore, the main finding of the survey shows that elements of the concept build better performance and sustainability in enterprises during a pandemic.

Keywords: crisis management; business continuity management; organizational resilience; risk management; societal security; sustainable improvement (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://www.mdpi.com/2071-1050/14/3/1254/pdf (application/pdf)
https://www.mdpi.com/2071-1050/14/3/1254/ (text/html)

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:gam:jsusta:v:14:y:2022:i:3:p:1254-:d:731241

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().

 
Page updated 2025-03-19
Handle: RePEc:gam:jsusta:v:14:y:2022:i:3:p:1254-:d:731241