scholarly journals Model for assessing the impact of industrial crisis on the regional economy

2021 ◽  
Vol 14 (3) ◽  
pp. 93-105
Author(s):  
M. I. Dli ◽  
T. V. Kakatunova
Keyword(s):  
Crisis Management ◽  
Economic Activity ◽  
Regional Economy ◽  
Economic Condition ◽  
Management Strategies ◽  
Industrial Crisis ◽  
The Impact

The results of the analysis of the financial and economic condition of organizations of various types of economic activity are presented. A cognitive economic and mathematical model for assessing the impact of crisis phenomena in industry on the regional economy is proposed. The use of this model will increase the validity of anti–crisis management strategies in industry.

A Methodology for the Sport Industry to Capture Public Perceptions and Responses in the Time of COVID-19

2021 ◽  
Author(s):  
Yen-Yao Wang ◽  
Tawei (David) Wang ◽  
Kyunghee Yoon
Keyword(s):  
Crisis Management ◽  
Management Strategies ◽  
Professional Sports ◽  
Public Perceptions ◽  
Learning Approaches ◽  
Sports Industry ◽  
Sport Industry ◽  
Hidden Patterns ◽  
The Impact ◽  
Sports Activities

The COVID-19 pandemic has had an unprecedented impact on the sports industry, affecting from professional sports activities to the 2020 Summer Olympics. It has wreaked havoc on the sports calendar, causing a number of events to be canceled or postponed. This study proposes a methodology by which the sports industry can assess public perceptions and responses in social media to gain important insights that can be used to craft effective crisis management strategies. Using machine learning approaches in order to extract hidden patterns in tweets could assist practitioners in creating and implementing crisis communication strategies for mitigating the impact of COVID-19.

Covid-19 Crisis Management Responses of Small Tourism Firms in South Africa

2022 ◽  
Author(s):  
Irma Booyens ◽  
Christian M. Rogerson ◽  
Jayne M. Rogerson ◽  
Tom Baum
Keyword(s):  
South Africa ◽  
Crisis Management ◽  
Management Practices ◽  
Management Strategies ◽  
Tourism Industry ◽  
Government Support ◽  
Interview Survey ◽  
Tourism Enterprises ◽  
And Coping ◽  
The Impact

Although the literature on COVID-19 is expanding, particularly in relation to crisis management responses pursued by large tourism enterprises, currently few studies exist on the responses of small tourism firms and more specifically of the crisis management practices of small and microaccom modation establishments. The aim in this study is to investigate the business management responses of small tourism firms to the COVID-19 pandemic crisis and restrictions in South Africa. Themes of concern are whether enterprises have been able to sustain operations and adopt certain coping mechanisms or management strategies to mitigate the pandemic’s impact. The article reports on an interview survey of small and microenterprises engaged in accommodation services (N = 75) in South Africa under lockdown restrictions as a means of assessing the responses and coping strategies during an unprecedented crisis of this core component of the country’s tourism industry. Among key findings are that small and microlodging firms that have suffered severe financial losses because of the COVID-19 shock have few viable mechanisms to cope with the impact of the crisis and that government support to aid recovery has been insufficient in South Africa. This research contributes to the limited body of international scholarship that examines how small and microaccommodation firms, a major group and contributor of many economies, are navigating the unprecedented COVID-19 environment.

scholarly journals Technological Entrepreneurship Potential as a Diversification Factor of the Territory’s Economy

2019 ◽  
pp. 4-12
Author(s):  
Irina Korchagina ◽  
Olga Sychyova-Peredero
Keyword(s):  
Economic Activity ◽  
Regional Economy ◽  
Economic Transformation ◽  
Positive Effects ◽  
Capital Growth ◽  
The Matrix ◽  
Technological Entrepreneurship ◽  
Balanced Structure ◽  
Human And Social Capital ◽  
The Impact

The goal of the research consists in determining the potential of the technological entrepreneurship impact on the diversification processes of regional economy (regions and large municipal entities). The paper specifies the main types and diversification factors of regional economy. The authors determine the key limitations of modern diversification theories. The researchers propose the hypothesis of a “technological push” as a way of overcoming the effect of dependence on the previous economic development. The technological entrepreneurship gives the opportunity of creating principally new types of economic activity for a region which use the temporary monopoly effect. This fact determines the advantages of technological entrepreneurship when involving investors into the weak types of economic activity. The paper substantiates the main provisions displaying the impact of technological entrepreneurship on the dynamics of the regional economy’s structure. The authors classify the characteristics of technological entrepreneurship influencing the diversification of economy. The matrix of the correlation between the types of technological entrepreneurship and types of economic diversification is developed, on the basis of which the main directions and limitations of diversification are determined. The researchers suggest and classify the factors of the direct impact (creation of new industries and enterprises) and indirect positive effects of technological entrepreneurship in the context of creating a balanced structure of economy (development of human and social capital, growth of spatial importance of the territory). Technological entrepreneurship is a factor of the economic transformation and even under the conditions of the inertia development it allows minimizing the investment and market barriers of diversification when resources are limited. The results of the study can be used as a basis for further empirical research of the correlation of technological entrepreneurship and economic structure and also at substantiating the decisions of executive authorities, developing documents of strategic planning.

scholarly journals PENINGKATAN VOLUME USAHA ANGGOTA MELALUI OPTIMALISASI PENGGUNAAN PLATFORM DIGITAL PADA KOPERASI DISABILITAS INDONESIA

2021 ◽  
Vol 5 (2) ◽  
pp. 372
Author(s):  
Tri Haryanto ◽  
Angga Erlando ◽  
M Khoerul Mubin ◽  
Zidna Fitriyana ◽  
Wahyu Setyorini ◽  
...  
Keyword(s):  
Community Service ◽  
Economic Activity ◽  
Economic Condition ◽  
People With Disabilities ◽  
Poor People ◽  
Persons With Disabilities ◽  
Digital Platforms ◽  
Declining Demand ◽  
The Government ◽  
The Impact

AbstractIndonesia is one of the countries affected by the Covid-19 pandemic, so many victims died. Seeing an increase in Covid-19 cases, the government made a physical distancing policy to reduce the spread of Covid-19. However, this policy has an impact on hampered economic activity. Badan Pusat Statistik (BPS) in 2020, the number of poor people in March 2020 was 26.42 million people, an increase of 1.63 million people compared to September 2019. In addition, the Indonesian economy in the second quarter of 2020 compared to the second quarter of 2019 experienced a growth contraction of 5.32 percent (y-on-y). One of the groups of people who feel the impact of the Covid-19 on the family's economic condition is a group of people with disabilities. Since the Covid-19 pandemic, many people with disabilities have lost their jobs. In addition, some of them have succeeded in developing cooperatives. Currently, there are many Cooperatives for Persons with Disabilities. However, their work is lacking in demand due to declining demand in the market. Therefore, this is the background for community service activities to increase business volume through optimizing the use of digital platforms at the Indonesian Disability Cooperative. With business assistance for people with disabilities, it can help improve the skills of people with disabilities and help promote their products so that they can expand the marketing reach of products for people with disabilities. Thus, the income of persons with disabilities will increase.Keywords: Cooperatives, Disability, Digital Platform, Covid-19AbstrakIndonesia merupakan salah satu negara yang terdampak pandemi Covid-19, sehingga banyak korban meninggal. Melihat adanya peningkatan kasus Covid-19, pemerintah membuat kebijakan pysical distancing untuk mengurangi penyebaran Covid-19. Namun, kebijakan tersebut berdampak pada aktivitas perekonomian yang terhambat. Badan Pusat Statistik (BPS) pada tahun 2020, jumlah penduduk miskin pada Maret 2020 sebesar 26,42 juta orang, meningkat 1,63 juta orang terhadap September 2019. Selain itu, ekonomi Indonesia triwulan II-2020 terhadap triwulan II-2019 mengalami kontraksi pertumbuhan sebesar 5,32 persen (y-on-y). Salah satu kelompok masyarakat yang merasakan dampak adanya Covid-19 terhadap kondisi perekonomian keluarga yaitu kelompok masyarakat penyandang disabilitas. Sejak adanya pandemi Covid-19, banyak dari para penyandang disabilitas yang kehilangan pekerjaannya. Disamping itu, sebagian dari mereka telah berhasil mengembangkan koperasi. Saat ini telah banyak Koperasi Penyandang Disabilitas. Namun demikian, hasil karya mereka sepi peminat karena permintaannya yang menurun di pasar. Oleh karena itu, hal tersebut menjadi latar belakang kegiatan pengabdian masyarakat dalam rangka peningkatan volume usaha melalui optimalisasi penggunaan plaftom digital pada Koperasi Disabilitas Indonesia. Dengan adanya pendampingan usaha untuk penyandang disabilitas, maka dapat membantu meningkatkan keterampilan para penyandang disabilitas serta membantu memasarkan produknya sehingga dapat memperluas jangkauan pemasaran produk para penyandang disabilitas. Dengan demikian, maka pendapatan para penyandang disabilitas akan meningkat.Kata Kunci: Koperasi, Disabilitas, Platform Digital, Covid-19

scholarly journals The impact of crisis management strategies on organizational health: field study in the banking sector in Assiut Governorate: أثر استراتيجيات إدارة الأزمات على الصحة التنظيمية دراسة ميدانية على العاملين في قطاع البنوك بمحافظة أسيوط

2021 ◽  
Vol 3 (2) ◽  
pp. 98-65
Author(s):  
Abeer Mokhtar Sewify Abeer Mokhtar Sewify
Keyword(s):  
Crisis Management ◽  
Banking Sector ◽  
Rapid Development ◽  
Management Strategies ◽  
Research Problem ◽  
Organizational Health ◽  
Integrated System ◽  
Average Value ◽  
High Degree ◽  
The Impact

Organizational health is one of the administrative trends that focus on the organization ability to grow and develop in various work environments and interact with circumstance changes to achieve a better description than competitors. And in order to do this, there must be a system to manage various crisis that organizations may be exposed to, especially in the banking sector, which faces many crises in light of the rapid development in the work environment of this sector. Therefore, this research aims to identify the impact of crisis management strategies on organizational health in the banking sector in Assiut Governorate, and the research problem was represented in the following question: Do crisis management strategies affect organizational health in the banking sector in Assiut Governorate? The research relied on the descriptive analytical method, and the Pearson test was used to measure the correlation between the study variables and the dimensions of each of them. The research also used the regression coefficient to predict the relationship between the independent variable and the dependent variable of the study. The data was collected using a survey list prepared for the purpose of the study, and 286 lists were recovered at a rate of 74%. The study reached several results, the most important of which are: The degree of practicing of both crisis management and organizational health strategies came to a high degree, with the average value for each of them reaching 3.741 and 3.693in sequence. It was also found that there is a significant impact of all crisis management strategies on organizational health, and the research recommended the need to develop an integrated system for crisis management which is able to deal with crisis, in addition to the need to provide a supportive environment for organizational health.

scholarly journals Impact of COVID-19 on socio-economic activity of regions

2020 ◽  
Vol 13 (2) ◽  
pp. 119-125 ◽  
Author(s):  
E. V. Lisova
Keyword(s):  
Significant Role ◽  
Russian Federation ◽  
Economic Activity ◽  
Regional Economy ◽  
Russian Economy ◽  
The World ◽  
The Russian Federation ◽  
Regional Authorities ◽  
The Impact

The article analyzes the impact of the COVID–19 virus on social and economic processes. Its influence on the world, Russian economy and regional economy of the Russian Federation is analyzed. Measures of state support for social and economic spheres are described. The characteristic of losses from the pandemic is given in relation to the sectors of the economy. The conclusion is made about the significant role of regional authorities in the fight against the consequences of coronavirus.

scholarly journals Kispadra ültetett desztinációmenedzsment a pandémia félidejében(?) : „Kept on the bench” – Destination Management at “half-time” in the pandemic(?)

2021 ◽  
Vol 21 (2) ◽  
pp. 43-54
Author(s):  
Gabriella Nod ◽  
Andrea Mókusné Pálfi ◽  
Antal Aubert
Keyword(s):  
Crisis Management ◽  
Best Practice ◽  
Management Strategies ◽  
Half Time ◽  
Negative Effects ◽  
Economic Sectors ◽  
Great Pressure ◽  
The Individual ◽  
Destination Management Organizations ◽  
The Impact

A COVID-19 turisztikai hatásait vizsgáló kutatások sora jelent meg az elmúlt időszakban, melyek leginkább az átalakuló utazói preferenciákat vizsgálják (Güliz Uğur–Akbiyik 2020, VARGAS 2020, Li–Ito 2021, UKPABI et al. 2021), ugyanakkor a frissen megjelent publikációk nem foglalkoznak a jó gyakorlatokkal, a válságkezelésre vonatkozó stratégiák megosztásával és a közös gondolkodással a turizmus nyitást követő újraélesztése kapcsán. Ezért szeretnénk az elsők között megosztani a magyar turisztikai desztinációmenedzsment (TDM) szervezetek körében végzett felmérésünk eredményeit, melyek segíthetik az egyes szervezetek közti tapasztalat- és információcserét, valamint értékes gondolatokkal járulhatnak hozzá a stratégiai tervezéshez is. A világjárvány okozta válság több gazdasági ágazatot is jelentősen érintett, a turizmusra gyakorolt negatív hatásaira számos példát látunk már most. Az egyes turisztikai szereplőkre nagy nyomás nehezedik a kialakult helyzetben, így többek között a TDM szervezetek munkáját is a járvány határozza meg. Tanulmányunk rávilágít arra, hogy a járvány hatására hozott intézkedések hogyan hatottak a TDM szervezetek működésére, milyen új feladatok jelentek meg a tevékenységükben, hogyan tudnak segíteni tagjaiknak a korlátozások ideje alatt, és hogy egyáltalán hogyan tekintenek a jövőbe. Several studies examining the impact of COVID-19 on tourism have already been published, mostly examining changing traveler preferences (Güliz Uğur–Akbiyik 2020, VARGAS 2020, Li– Ito 2021, UKPABI et al. 2021). At the same time, however, most recent publications lack ”best practice” – sharing crisis management strategies and common thinking on reviving tourism after re-opening. We would, therefore, like to be among the first to share the results of our survey among Hungarian tourism destination management organizations (DMO), which may help in the exchange of experience and information between individual organizations, as well as contribute to strategic planning. The crisis caused by the pandemic has significantly affected several economic sectors, and we are already seeing many examples of its negative effects on tourism. The individual tourist actors are under great pressure in the current situation, and so the work of DMOs is also determined by the epidemic. Our study highlights how the measures taken as a result of the epidemic have affected the operation of DMOs, what new tasks have emerged in their activities, how they can help their members during the curent constraints and how they visualise the future.

Surviving the hectic early phase of the COVID-19 pandemic: a qualitative study to the supply chain strategies of food service firms in times of a crisis

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Néomie Raassens ◽  
Hans Haans ◽  
Shantanu Mullick
Keyword(s):  
Supply Chain ◽  
Crisis Management ◽  
Early Phase ◽  
Service Industry ◽  
Management Strategies ◽  
Food Service ◽  
Service Firms ◽  
Content Type ◽  
Service Supply Chain ◽  
The Impact

PurposeThe COVID-19 pandemic and the subsequent lockdown have hit the food service industry very hard. The COVID-19 outbreak has created a sharp downturn for firms in the food service industry, compelling actors across the whole food service supply chain to rethink their strategies. The purpose of this paper is to document the impact of COVID-19 on the food service supply chain, as well as to identify crisis management strategies food service firms use during the hectic early phase of the COVID-19 pandemic to survive the current and prepare for future pandemics.Design/methodology/approachWe performed a qualitative descriptive study using 21 semi-structured interviews with actors across the food service supply chain (i.e. farmers, wholesalers and food service providers). Data were collected to shed light on food service firms' decision making during the hectic early phase of the COVID-19 pandemic to uncover various crisis management strategies used.FindingsBy integrating the disaster and crisis pyramid and resilience theory, four core crisis management strategies to respond to the COVID-19 pandemic are conceptualized, i.e. (1) managing resources, (2) diversifying strategically, (3) prioritizing long-term outcomes and (4) bonding socially.Originality/valueThe theoretical contributions include documenting the performance impact of the COVID-19 pandemic on the food service supply chain and exploring crisis management strategies food service firms employed during the hectic early phase of the COVID-19 pandemic. Thus, functioning and survival during a pandemic, an emerging field in literature, are central to this study. Additionally, while recent research suggests that integrating crisis management and resilience literature may provide a more complete understanding of the organization–crisis relationship, these literature streams mainly developed in isolation. By integrating the literature streams of crisis management and resilience and applying these theories to the COVID-19 crisis, our study provides specific managerial guidelines.

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