The Organization's Management in a Crisis Context

Vasile Deac and Alin Ionut Dumitrescu-Dragan
Additional contact information
Vasile Deac: The Bucharest Academy of Economic Studies, Romania
Alin Ionut Dumitrescu-Dragan: The Rotterdam School of Management, Erasmus University

REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, 2011, vol. 12, issue 6, 268-273

Abstract: After we woke from the exhilaration of December ’89, glad that we got rid of socialism, in the following years we have been looking around us, and we saw everywhere all kinds of problems: financial blockages, the lack of markets both for the inputs and for the outputs, massive restrictions of activity and, as a consequence, unemployment and powerful social conflicts, abnormal prices rises. When we thought we pulled ourselves together, reaching to the year of 2008, we didn’t have a lot of time to enjoy our success, noticing that USA, instead of giving us its economic performance, brought us a financial crisis, followed by an economic one. That’s the last straw! and now we’re waiting now for a sheet anchor to save us from the current economic-financial crisis…from the management. The paper seeks to highlight the necessary changes in the management activity in the current crisis context, respectively the existence of a coherent strategy of the company to assure it the necessary performance for entering the competition, the changing of the dominant way of thinking, the impact of the clients’ attitude regarding the employees, the need of leadership and the awareness of the fact that any crisis means another opportunity.

Keywords: the crisis’ management; economic crisis; destructive competition; menaces; opportunities; leadership. (search for similar items in EconPapers)
JEL-codes: M19 (search for similar items in EconPapers)
Date: 2011
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://rmci.ase.ro/no12vol1s/Vol-12_No-1S_Article-42.pdf (application/pdf)

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:rom:rmcimn:v:12:y:2011:i:6:p:268-273

Access Statistics for this article

REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT is currently edited by Marian Nastase

More articles in REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT from Faculty of Management, Academy of Economic Studies, Bucharest, Romania Contact information at EDIRC.
Bibliographic data for series maintained by Marian Nastase ().