An Analysis Of The Relationship Between The Stages Of Strategic Management And Crisis Management Of Organizations
Publish place: 8th International Conference on New ideas in Management, Economics, Accounting and banking
Publish Year: 1403
Type: Conference paper
Language: English
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MAEBC08_019
Index date: 10 December 2024
An Analysis Of The Relationship Between The Stages Of Strategic Management And Crisis Management Of Organizations abstract
Strategic management is an analysis of the important issues of the organization and is taken by the senior leaders of the organization on behalf of the owners, in order to control resources in environments outside the organization. This process includes defining the mission, vision, assets of the organization and developing the plans and policies of the organization that will be needed for all the activities that will be needed to achieve it. Strategic management is planning, monitoring, analysis and continuous evaluation of all the needs of an organization to achieve its goals and objectives. Changes in business environments require organizations to continuously evaluate their success strategies. The strategy management process helps organizations to assess their current situation, implement strategies, and analyze the effectiveness of implemented management strategies. The strategies of this type of management include five basic strategies and depending on the surrounding environment, they can be implemented differently. Strategy management applies to both indoor and mobile platforms. Crisis management is a process that the organization undertakes in the face of destructive, ambiguous, unexpected events with great consequences. The concept of crisis can mean a deviation from the general equilibrium state of the organization's relationship with the environment or a definition of the characteristic of the environment that the organization has to be aware of on a continuous basis. In either of these two perspectives, dealing with crisis issues is best understood in a strategic management perspective. An organizational crisis is a phenomenon with a low probability of occurrence and a high impact that threatens the organization's operational capability, and its characteristic is the vagueness of the agent, the vagueness of its effects and the means of its solution, and related decisions must be made quickly. However, crises do not occur suddenly and often have warning signs that indicate potential problems and dilemmas. In this article, we analyze the relationship between strategic management stages and crisis management of organizations.
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An Analysis Of The Relationship Between The Stages Of Strategic Management And Crisis Management Of Organizations authors
Ramin Farvardin
Master of Business Administration - Strategic Management, Department of Management, Faculty of Humanities, Non-Profit Higher Education Institute Shams, Tabriz, Iran.