The Impact of COVID-19 on the Corporations and Management Change

2021 ◽  
pp. 125-135
Author(s):  
Adel Ismail Al-Alawi ◽  
Arpita A. Mehrotra ◽  
Sohayla Khidir Sanosi
Keyword(s):  
Crisis Management ◽  
Secondary Data ◽  
Working Environment ◽  
Leadership Transition ◽  
Management Change ◽  
Analysis Methodology ◽  
What Works ◽  
Management Plans ◽  
The Impact ◽  
Desk Research

The purpose of this study is to analyze the impact of COVID-19 on different identities such as corporations, leadership, employees, human resources teams, customers, government bodies, and management change. Desk research based on secondary data analysis methodology was used for this study. Better crisis management plans can enable corporate to control and hybrid working environment to guide businesses to prepare and make strategies that can persist sustainably in a future crisis. It can be concluded that different corporations have faced the additional impact of the pandemic on their businesses. COVID-19 has changed the way businesses perform. Consequently, it can be inferred that leadership and leadership transition can lead to victory if leaders take the time to discover what works and what does not. This will allow the enterprise to change the next steps accordingly and save it from failure to pursue the outcomes.

The Effect of Crises on Leadership

2013 ◽  
pp. 50-58 ◽  
Author(s):  
Nazmi Çesmeci ◽  
Süleyman Özkaynak ◽  
Deniz Ünsalan
Keyword(s):  
Crisis Management ◽  
Crisis Leadership ◽  
Modern Times ◽  
Political Crises ◽  
Modern Economy ◽  
Testing Ground ◽  
Management Plans ◽  
New Type ◽  
The Impact

Crises can be regarded as the nursery of leadership in a way. They have both created new leaders and have also proved to be a testing ground for the existing leaders, as well as a filter where the inefficient have been eliminated. Man-made crises have been classified as social, economical, and political crises up to recent times. With the development of modern markets, new financial tools have emerged. Those financial tools have the function of regulating the modern economy, but also they have the handicap of propagating their own crises from the economic field to social and political areas. In this context, crises give way to radical changes in the management paradigm. In such an environment, the leadership virtues of the previous paradigm period turn out to be insufficient. Institutions used to survive during the crisis periods by employing their crisis management plans. However, crises gain a permanent nature during the modern times and tactical crisis management becomes insufficient in the new environment. The phenomenon of permanent crisis forces leadership to have some special virtues. Therefore, it becomes necessary to define a new type of leadership, namely “strategic crisis leadership.” The aim of this chapter is to examine the impact of crises on leadership virtues and express reflections on the new type of leadership in the new paradigmal period.

scholarly journals EXAMINING THE IMPACT OF FLEXIBLE WORK ARRANGEMENTS ON PRODUCTIVITY IN AFRICA

2021 ◽  
Vol 6 (1) ◽  
pp. 22-29
Author(s):  
Chief Editor
Keyword(s):  
Low Cost ◽  
Field Research ◽  
Secondary Data ◽  
Working Hours ◽  
Organizational Policies ◽  
Work Arrangements ◽  
Information And Communication ◽  
Flexible Schedules ◽  
The Impact ◽  
Desk Research

Purpose: This paper aimed at examining the impact of flexible working arrangement on productivity. Methodology: The study adopted a desktop methodology. Desk research refers to secondary data or that which can be collected without fieldwork. Desk research is basically involved in collecting data from existing resources hence it is often considered a low cost technique as compared to field research, as the main cost is involved in executive’s time, telephone charges and directories. Thus, the study relied on already published studies, reports and statistics. This secondary data was easily accessed through the online journals and library. Results: The study showed that there is a higher level of productivity for workers who do their jobs on more flexible schedules than those with regular working hours. These results show that companies can benefit from flexibility under certain conditions. Recommendation:  The findings of this study show surprising results and can influence changes in organizational policies and strategies for collaborating between working from home and working from an office for employees. Further, the study recommends companies to adopt and invest in information and communication technology so that it can facilitate implementation of FWA policy.

scholarly journals The Impact of Low Fertility in East Asia: A Case Study of Low Fertility Crisis Management in Japan

2020 ◽  
pp. 11-18 ◽  
Author(s):  
Chi-Jen, Lin ◽  
Hsiao-Ming, Chang ◽  
Chien-Jen, Hung
Keyword(s):  
East Asia ◽  
Crisis Management ◽  
Birth Rate ◽  
Population Control ◽  
Case Analysis ◽  
Low Fertility ◽  
Developed Country ◽  
Response Strategies ◽  
Management Plans ◽  
The Impact

Low fertility has become a common problem all over the world. It is the same in East Asia. Japan is the first developed country in East Asia and the first country in East Asia to face the problem of low fertility. The purpose of this paper is to explore how to solve the problem of low fertility in East Asian countries. The solution may be in the case of Japan. In terms of research methods, this paper adopts case analysis and literature analysis. The case analysis of Japan aims to explore the management plans and proposed strategies in the aspects of education faced with declining birth rate and aging industries from the perspective of sustainable development. Population issues are often the root of problems in a country, and any problems related to population will result in a crisis of social stability. Therefore, both China’s One-child policy (population control) and Japan’s declining birth rate and aging response strategies (labor shortage) can be considered cases of crisis management. In conclusion, although low fertility is inevitable, if Japan faces and deals with it step by step, it can reduce the impact of low fertility. The premise is to plan ahead and go through a period of time. In the case of Japan, it took at least 20 years to deal with the problem. And now it is still going on.

The Impact of Strategic Alignment between Resources to Enhance Malaysia's Biomass Industry Performance: A Resource-Based View (RBV) Approach

2021 ◽  
Vol 39 (10) ◽  
Author(s):  
Heng Wei Lee ◽  
Ming Fang Teoh ◽  
Noor Hazlina Ahmad
Keyword(s):  
Dynamic Capabilities ◽  
Strategic Alignment ◽  
Secondary Data ◽  
Organisational Culture ◽  
Organisational Performance ◽  
Wealth Creation ◽  
Resource Based View ◽  
Analysis Methodology ◽  
Industry Performance ◽  
The Impact

Malaysia's biomass industry has a great potential to contribute to the national circular economy that offers a new stream of wealth creation to the nation. Nevertheless, there appears to be a scarcity of research that dwells on the biomass industry's organisational performance. Therefore, this study employed a secondary data analysis methodology to investigate the factors related to organisational performance. The findings from this study illuminated the effects of human resource management, organisational innovation and organisational culture on organisational performance. The pivotal contribution of this study is to highlight how these factors/resources influence organisational performance. Also, this study integrates resource-based view (RBV) theory and dynamic capabilities theory to delve into the realm of organisational performance in the biomass industry.

scholarly journals BUSINESS REVENUE AND JOB RETENTION DURING COVID-19 CRISIS IN MANUFACTURING SECTOR IN SERBIA

2021 ◽  
Vol 11 (S.I.2) ◽  
Author(s):  
Ivana MARINOVIC MATOVIC ◽  
Andjela LAZAREVIC
Keyword(s):  
Crisis Management ◽  
Working Conditions ◽  
Manufacturing Sector ◽  
Dynamic Environment ◽  
Working Environment ◽  
Job Retention ◽  
Manufacturing Companies ◽  
Business Conditions ◽  
The Republic ◽  
The Impact

Manufacturing companies in the Republic of Serbia had to react quickly to the changed business conditions during Covid-19 crisis, in order to adjust their businesses, as well as working conditions to the new circumstances. Since most of the employees in these companies cannot work remotely, maintaining production processes was challenged due to the restrictions imposed by the state and decreased demand for their products. New dynamic environment influenced differently various segments of manufacturing companies’ businesses, which affected companies’ business revenue and number and structure of its employees. This paper investigates the impact of Covid-19 on the manufacturing companies’ business revenue, and subsequently their employees and job retention schemes. It further explores the possibilities of effective crisis management in the Republic of Serbia, as well as readiness of manufacturing companies’ employees and management to adapt to the new working environment caused by the Covid-19 pandemic, in order to lessen its impact on the companies’ performance and profitability.

Are Vietnamese Businesses Ready for a Crisis? An Analysis of Crisis Readiness among Vietnamese Businesses

2019 ◽  
Vol 20 (2) ◽  
pp. 97-122
Author(s):  
Talha Harcar ◽  
John Spillan
Keyword(s):  
Crisis Management ◽  
Crisis Preparedness ◽  
Crisis Planning ◽  
Individual Level ◽  
Emerging Nations ◽  
Crisis Events ◽  
Management Function ◽  
Management Plans ◽  
Or Organization ◽  
The Impact

Crisis management is a management function that tries to mitigate the impact of crisis events when they occur in a business or organization. Since crises are inevitable, it is important that businesses and organizations have crisis management plans ready for the eventuality of a crisis. Little has been written about crisis in emerging nations. As such, this exploratory study investigates the perceptions and experiences of Vietnamese managers regarding crisis preparedness. The results indicate that a majority of the organizations do not have formal crisis management plans. The results of this study suggest that crisis planning at both the organizational and individual level are needed among Vietnamese businesses.

The Effect of Crises on Leadership

2013 ◽  
pp. 804-812 ◽  
Author(s):  
Nazmi Çeşmeci ◽  
Süleyman Özkaynak ◽  
Deniz Ünsalan
Keyword(s):  
Crisis Management ◽  
Crisis Leadership ◽  
Modern Times ◽  
Political Crises ◽  
Modern Economy ◽  
Testing Ground ◽  
Management Plans ◽  
New Type ◽  
The Impact

Crises can be regarded as the nursery of leadership in a way. They have both created new leaders and have also proved to be a testing ground for the existing leaders, as well as a filter where the inefficient have been eliminated. Man-made crises have been classified as social, economical, and political crises up to recent times. With the development of modern markets, new financial tools have emerged. Those financial tools have the function of regulating the modern economy, but also they have the handicap of propagating their own crises from the economic field to social and political areas. In this context, crises give way to radical changes in the management paradigm. In such an environment, the leadership virtues of the previous paradigm period turn out to be insufficient. Institutions used to survive during the crisis periods by employing their crisis management plans. However, crises gain a permanent nature during the modern times and tactical crisis management becomes insufficient in the new environment. The phenomenon of permanent crisis forces leadership to have some special virtues. Therefore, it becomes necessary to define a new type of leadership, namely “strategic crisis leadership.” The aim of this chapter is to examine the impact of crises on leadership virtues and express reflections on the new type of leadership in the new paradigmal period.

Exploring Crisis Readiness in Peru

2011 ◽  
Vol 12 (1) ◽  
pp. 57-83
Author(s):  
John Spillan ◽  
John Parnell ◽  
Cesar Antunez de Mayolo
Keyword(s):  
Crisis Management ◽  
Management Approach ◽  
Central Focus ◽  
Crisis Events ◽  
Organizational Crises ◽  
Management Literature ◽  
Management Plans ◽  
Developed Nations ◽  
Crisis Preparation ◽  
The Impact

Organizational crises are inevitable and place a significant demand on resources, diverting firms from their central focus on serving customers. Effective crisis management can minimize the impact of these events on the organization. Recognition and information are two major components of an appropriate crisis management approach; they help organizations respond to crises quickly and effectively. While the crisis management literature is abundant concerning larger organizations in developed nations, little has been written on this subject concerning businesses in emerging countries. This exploratory study examines the perceptions and experiences of Peruvian managers in relation to crisis events. Findings indicate that a majority of these organizations lack adequate crisis preparation, including crisis management plans. Recommendations for management are presented.

scholarly journals IMPLICATIONS OF YOUTH WORKFORCE ON EMPLOYEE ENGAGEMENT IN THE INSURANCE SECTOR

2022 ◽  
Vol 7 (1) ◽  
pp. 1-7
Author(s):  
Ben Kajwang
Keyword(s):  
Leadership Development ◽  
Employee Engagement ◽  
Employee Retention ◽  
Low Cost ◽  
Field Research ◽  
Secondary Data ◽  
Working Environment ◽  
Unique Contribution ◽  
Insurance Sector ◽  
Desk Research

Purpose: Youth are considered as the most active age bracket in the working environment hence their impact in organizations such as the insurance sector cannot be ignored. The objective of this study is to discuss and analyze the implications of the youth workforce on employee engagement in the insurance sector. The purpose of this study is to help the readers understand the importance of youth workforce and their impact in the insurance sector once the youth are involved in favorable employee engagement practices. Methodology: The study adopted a desktop methodology. Desk research refers to secondary data or that which can be collected without fieldwork. Desk research is basically involved in collecting data from existing resources hence it is often considered a low cost technique as compared to field research, as the main cost is involved in executive’s time, telephone charges and directories. Thus, the study relied on already published studies, reports and statistics. This secondary data was easily accessed through the online journals and library Findings: The study found out that some of the implications of youth workforce on employee engagement are; adaptability to change, improved customer experience and satisfaction, employee retention, talent management, leadership development and improving the company’s brand and image. Unique contribution to theory, practice and policy: It therefore recommended that the insurance sectors should come up with the best strategies for employee retention of the youth workforce since they play a vital role in influencing the consumer behaviors. The insurance sectors should embrace youth marketing since it is one of the best advertising techniques that has led to increase in productivity and profitability of companies and customer satisfaction.

A PROPOSED EVALUATION PLAN TO ASSESS THE IMPACT OF A YOUTH DEVELOPMENT PROGRAMME FACILITATED BY THE STATE INFORMATION TECHNOLOGY AGENCY (SITA) IN RURAL SOUTH AFRICA

2017 ◽  
Vol 14 (1) ◽  
pp. 174-181
Author(s):  
Maura Mbunyuza-deHeer Menlah
Keyword(s):  
Information Technology ◽  
Youth Development ◽  
Rural Areas ◽  
Secondary Data ◽  
The State ◽  
State Information ◽  
Evaluation Plan ◽  
Lessons Learnt ◽  
Slow Development ◽  
The Impact

This article reports on a proposed evaluation plan that has been developed to assess the work done by the State Information Technology Agency (SITA). The SITA programme was implemented in response to the South African government’s call to improve the lives of the populations in some rural areas through technology. The programme was meant to address slow development in  rural  areas  that  lack  technological  innovations  and  advances.  In  the proposed evaluation plan a review is made of secondary data, deciding how strategic priorities are to be determined, as well as analysis of the rural context environment. The researcher gives an account of how the evaluation strategies are to be piloted and rolled out thereafter. Lessons learnt are recorded and reported upon. A proposed evaluation plan will be developed, based on the lessons learnt in line with the objectives of the project.

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