Crisis Management Models - Implementation Issues and Steps to Overcome

Desislava Pavlova ()
Additional contact information
Desislava Pavlova: University of Economics - Varna, Varna, Bulgaria

Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, 2023, issue 3, 157-168

Abstract: In scientific literature, various crisis management models are described, which have many common points and in a number of cases possess a general understanding about the crisis as a process that passes through separate phases. At the same time, these models emphasize to a greater extent some of the stages of this process while neglecting others. Successful crises management requires sufficient and balanced attention of the management of each organization both on the stage of arising and unfolding of the crisis, as well as on prevention. The purpose of the article is, based on a comparison between crisis management models better known in the scientific literature, to propose an author's model based on the understanding of the life cycle of crisis phenomena and allowing its effective application in conditions of limited resources.

Keywords: crisis; management; crisis management; crisis management model (search for similar items in EconPapers)
JEL-codes: A12 D81 O21 (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.su-varna.org/journal/IJUSV-ESS/2023.12.3/?article=157-168.pdf.html (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:vrn:suvrna:y:2023:i:3:p:157-168

Access Statistics for this article

Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series is currently edited by Yanka Aleksandrova

More articles in Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series from Union of Scientists - Varna
Bibliographic data for series maintained by Sabka Pashova ( this e-mail address is bad, please contact ).