Crises present significant challenges for organizations. But, while critical events are inevitable, not every business is sufficiently equipped for when things don't go according to plan. This book focuses on business under crisis conditions, along with organizational responses and adaptation. Adaptation can be seen as a learning process. It encompasses meaningful ways that help companies sustain their viability over the long term. Companies that respond quickly, often achieve more than just surviving. Some organizations will learn from a crisis, develop reactive resilience, and emerge stronger from the period of turbulence. They will be able to explore possibilities and create new patterns of relationships.
Bringing together descriptive and prescriptive research studies, chapters explore adaptation in different sectors, including public health, tourism, garment, Information Technology, high-tech companies, global trade networks, hospitality, security and the social sector. Ultimately, the book covers wide range of topics, linking strategy, entrepreneurship, and leadership to reciprocal organizational adaptations that help us delineate crisis, as well as its interconnections in differing settings.

Enhances our understanding of the nature of crises; their mechanisms, characteristics and underlying causes Presents research on how crises affect organizations, industries and markets Examines various different business functions and how they respond to crises

Autorentext

Demetris Vrontis is Professor and Vice Rector for Faculty and Research at the University of Nicosia in Cyprus.

Alkis Thrassou is Professor in the School of Business at the University of Nicosia, Cyprus, and a Senior Research Fellow of the EuroMed Academy of Business (EMAB).

Yaakov Weber is Professor and Director of the Research Unit, School of Business Administration, College of Management, Israel.

S. M. Riad Shams is Lecturer at the Newcastle Business School, Northumbria University, UK.

Evangelos Tsoukatos teaches Management at the University of Applied Sciences Crete, Greece, and is adjunct faculty at the University of Nicosia and the Hellenic Open University. Leonidas Efthymiou is Assistant Professor in Hospitality and Management.

Klappentext

Chapter 1: Editorial Introduction: Crisis & Adaptation - components of the same continuum.- Chapter 2: Innovation Tendencies at times of crisis.- Chapter 3: Business Under Crisis Talent Management and Responsible Leadership in Luxembourg.- Chapter 4: Strategic organizational sustainability.- Chapter 5: Entrepreneurship and adaptiveness in conditions of crisis - The case of COVID-19 and the Greek firms.- Chapter 6: Approaches to the digital transformation of high-tech companies in Russia under the crisis.- Chapter 7: Reverse adaptation: when Tourism and Hospitality had to abandon sustainability to survive a pandemic.- Chapter 8: Macro-economic adaptation - the operation was successful, but the patient died.- Chapter 9: Transformations in the Social Sector during the Covid-19 crisis in India - A perspective.

Inhalt

Chapter 1: Editorial Introduction: Crisis & Adaptation components of the same continuum.- Chapter 2: Innovation Tendencies at times of crisis.- Chapter 3: Business Under Crisis Talent Management and Responsible Leadership in Luxembourg.- Chapter 4: Strategic organizational sustainability.- Chapter 5: Entrepreneurship and adaptiveness in conditions of crisis - The case of COVID-19 and the Greek firms.- Chapter 6: Approaches to the digital transformation of high-tech companies in Russia under the crisis.- Chapter 7: Reverse adaptation: when Tourism and Hospitality had to abandon sustainability to survive a pandemic.- Chapter 8: Macro-economic adaptation - the operation was successful, but the patient died.- Chapter 9: Transformations in the Social Sector during the Covid-19 crisis in India - A perspective.