Showing papers on "Crisis management published in 2023"
TL;DR: In this paper , the authors adopt a theoretical approach focused on policy learning to explain how and why the European Central Bank (ECB) responded to the crisis in 2020-2021.
Abstract: ABSTRACT The economic effects of the Covid-19 pandemic have placed a renewed strain on the economic governance of the European Union (EU). The European Central Bank (ECB) was a key player in the EU's response to the crisis induced by the pandemic. This paper adopts a theoretical approach focused on policy learning to explain how and why the ECB responded to the crisis in 2020–2021. By drawing on speeches, newspaper articles and interviews with policy-makers, the paper finds that the ECB was able to rely on earlier crisis experiences in the euro area in forming its response to the pandemic crisis. Although the sovereign debt crisis and the pandemic crisis had both similarities and differences from one another, the ECB was able to engage in inter-crisis and intra-crisis learning. Its learning concerned objectives, instruments as well as an awareness that timely and forceful response was crucial, so that the member states and other EU institutions had time to act.
11 citations
TL;DR: The COVID-19 pandemic resulted in significant changes to management education regarding the interaction and use of digital technology as part of the learning experience as mentioned in this paper , including more emphasis on games and simulations, work/life balance and remote learning.
10 citations
TL;DR: The COVID-19 pandemic posed unprecedented challenges to the European Union and its member states as mentioned in this paper , and the EU developed a framework within which the member states and their subnational units could respond together to the crisis.
Abstract: ABSTRACT The COVID-19 pandemic posed unprecedented challenges to the European Union (EU) and its member states. In the EU, health policy competence has been and remains largely with member states. However, faced with a major external crisis, which more or less affected all member states at the same time, the EU developed a framework within which the member states (and their subnational units) could respond together to the crisis. This introductory article to the Special Issue ‘The COVID-19 Pandemic and the European Union,’ briefly examines how EU institutions, policies and politics were affected by the crisis. Contrary to earlier crises, the EU responded speedily and effectively this time around. The EU has become increasingly important in crisis management, in part due to the nature of transboundary crises. The EU proved itself to be a good crisis manager on some dimensions, but certainly not on all. The crisis created momentum for collective action and for fast decision-making, even though the legitimacy of some these actions has been subject to limited public scrutiny.
5 citations
TL;DR: In this paper , an integrated framework based on the extended version of best-worst method (BWM) and Combined Compromise Solution (CoCoSo) methods under a spherical fuzzy set (SFS) is developed for the first time to address the COVID-19 infodemic management strategies selection.
Abstract: 100 years after the Spanish flu, the COVID-19 crisis showed that large-scale epidemics and pandemics do not belong to the past. On the report of the World Health Organization, COVID-19 is the most significant public health problem of the twenty-first century. Like previous epidemics, the current crisis is accompanied by uncertainty, mistrust, doubt and fear, and this has led to an infodemic connection to the epidemic. So not only are we fighting an epidemic, but also, we are brawling an infodemic. To reduce the social and economic consequences and harmful effects of infodemic health, and to overcome it, we need to implement strategies against infodemic. Evaluating strategies based on multiple characteristics can be considered multi-criteria decision-making (MCDM) problem. According to the literature, there is no study that aims on proposing an integrated approach to evaluate infodemic management strategies under uncertain environment. Therefore, in this paper, an integrated framework based on the extended version of best-worst method (BWM) and Combined Compromise Solution (CoCoSo) methods under a spherical fuzzy set (SFS) is developed for the first time to address the COVID-19 infodemic management strategies selection. Initially, the criteria are weighted using the developed SFS BWM which reduces uncertainty in pairwise comparisons. In the next step, the 15 selected strategies are analyzed and ranked using SFS CoCoSo. The outputs of this paper illustrate that online tools for fact checking COVID-19 information and engage and empower communities are placed in the first and second priorities, respectively. The comparison of ranking results SFS-CoCoSo with other MCDM methods demonstrates the performance of the proposed approach and its ranking stability.
3 citations
TL;DR: In this paper , the importance of knowledge management on a firm's strategic emergency response during the great negative shock from global public health threats is revealed, and the authors propose the exact efforts that new economy companies should make in improving knowledge management capability.
Abstract: Purpose This paper aims to unveil the importance of knowledge management on a firm's strategic emergency response during the great negative shock from global public health threats. Through analyzing how representative firms in China's new economy industries dealt with the COVID-19 pandemic before, during and after the crisis, the significant problems confronted by these firms are pointed out, and the important role knowledge management capabilities played in solving these problems is proven. Design/methodology/approach The open data of listed companies regarding the important role knowledge management played in firms' strategic emergency response during the COVID-19 pandemic are qualitatively analyzed. Based on theoretical sampling, this paper selects representative samples of enterprises and analyzes the positive response measures they took after being hit by this public health event to gain qualitative insight into the importance of knowledge management capabilities in strategic emergency response. Findings Three aspects of the important role of knowledge management capabilities in a firm's strategic emergency response during the COVID-19 pandemic are introduced: before the crisis, firms should strengthen the acquisition, sharing and integration of knowledge so that they can intensify their monitoring for uncertain risks;during the crisis, firms should boost the transmission, transformation and diffusion of knowledge to improve emergency cooperation;and after the crisis, companies should reinforce knowledge evaluation, creation and application to enhance "immunity" in similar emergencies. Research limitations/implications This paper has important implications for bolstering strategic emergency management practice and knowledge management capability among firms. Future research must focus on the following two aspects for further investigation: the dynamic relationship between firm knowledge management capability and strategic emergency response ability;and the collaboration system between firm knowledge management and strategic emergency response behaviors. Originality/value This paper discusses the important role knowledge management capabilities play in firms' strategic emergency responses based on insights gained from the significant changes that the COVID-19 pandemic caused to representative Chinese new economy firms. By analyzing the three stages of before, during and after the emergency, this paper proposes the exact efforts that new economy companies should make in improving knowledge management capability.
3 citations
2 citations
TL;DR: In this paper , an integrated model based on the 4R Tourism Crisis Management Model and the Organizational Resilience Framework was used to provide empirical insights into event professionals' approaches to risk and crisis management and resilience.
2 citations
TL;DR: In this article , the authors explore patterns of learning by exploring contextual issues involved with real-world scenarios related to three COVID-19 episodes (emergencies) between August and December 2020.
Abstract: Crisis-induced learning (CIL), as a concept, has an ancient history. Although the academic literature offers a range of sophisticated approaches to address CIL, it is still not quite clear how we learn, how we know we have learned, and what challenges and opportunities are involved in the CIL process. To address these questions and navigate ways forward, we need to use a specific real-world subject to capture contextual issues involved in a crisis cycle, which affects the learning process. In this paper, we uncover patterns of learning by exploring contextual issues involved with “actual scenarios” related to three COVID-19 episodes (emergencies) between August and December 2020. To analyze the study’s findings, we use three different themes from the DARWIN Generic Resilience Management Guidelines: (1) supporting the coordination and synchronization of emergency-response operation activities, (2) managing adaptive capacity, and (3) developing and revising procedures and checklists. Looking into these “real scenarios” seems fruitful for understanding patterns of learning, and it results in several learning recommendations. Among others, this study reveals how the uncertainty involved in emergency-response operations creates cognitive demands for emergent problem-solving.
2 citations
TL;DR: In this article , a systematic review of scientific papers, published within the 2019-2022 timespan and compiled under the PRISMA framework, reporting on the challenges faced, the crisis management strategies employed and the personality traits that were most commonly associated with effective crisis leadership throughout the turbulent COVID-19 era.
Abstract: Contemporary school leadership has always been considered to be one of the most pivotal factors conducive to school effectiveness as well as a driver of change and strategic innovation involving the development of a strong vision, attendant goals and a relevant plan for implementation, monitoring and review. However, the disruption in the provision of educational services caused by the recent COVID-19 pandemic global outbreak revealed deficits in school leadership theory that were largely associated with the adoption of proper crisis management skills by the vast majority of schools’ principals to readily adapt to a new reality and effectively confront upcoming challenges, at both instructional and organizational levels. Interestingly, although crisis management as a notion has been substantially elaborated on a theoretical level and successfully applied in different types of crises, it still has not gained a sustained focus within the field of educational leadership, as evidenced by the notable scarcity of related empirical research. This study addresses this gap in the research via a systematic review of scientific papers, published within the 2019–2022 timespan and compiled under the PRISMA framework, reporting on the challenges faced, the crisis management strategies employed and the personality traits that were most commonly associated with effective crisis leadership throughout the turbulent COVID-19 era.
2 citations
TL;DR: In this paper , the authors highlight the value tensions that were and are experienced by presidents during crisis as these leaders manage local needs with national guidance and highlight the most common values discussed include control, collaborate, and create, while the value of compete was rarely referenced.
Abstract: Presidents have difficult roles regardless of systemic context and in times of crisis their work is especially complex. While the body of work on presidents generally is growing, understanding of their role in crisis is underdeveloped. In this study, we enhance research on presidential crisis leadership by applying the competing values framework to a unique set of interviews with 14 presidents from eight nations. Our results highlight the value tensions that were and are experienced by presidents during crisis as these leaders manage local needs with national guidance. The most common values discussed include control, collaborate, and create, while the value of compete was rarely referenced.
2 citations
TL;DR: Zhang et al. as mentioned in this paper investigated how destination crisis events impact tourist sympathy, anger, and intentions of forgiveness in four experiments and found that when there is no destination crisis history or similar crisis history, an external crisis event will garner more sympathy and forgiveness than an internal crisis event.
TL;DR: This paper conducted an empirical examination of public opinion on traits of emergency politics in the European Union and found that the transnational cleavage remains a key driver and delimiter of Euroscepticism in crisis times.
Abstract: Abstract After a decade of crisis management, the democratic implications of emergency modes of governance in the European Union (EU) are under the spotlight. The prevailing analysis is critical. Scholars point to an emergent, distinctly European trend of transnational crisis exploitation where elite appeals to exceptional pressures serve asymmetric power and influence, overriding democratic norms and potentially fuelling Eurosceptic backlash. However, the literature does not ask whether citizens consider themselves disempowered by the EU’s emergency politics, with its alleged emphasis on urgency and technocratic problem-solving. The relative symmetry and simultaneity of the Covid-19 crisis across Europe offers an opportunity for an empirical examination of public opinion on traits of emergency politics. We juxtapose the implications of emergency politics for public opinion with the transnational cleavages literature and use survey data from 15 member states on EU- and national-level pandemic responses to examine the competing hypotheses. Our findings indicate perceptions of crisis management are largely determined by prior views on EU integration and democracy. More generally, the results suggest that the transnational cleavage remains overall a key driver and delimiter of Euroscepticism in crisis times. Though there is some variance between emergency politics dimensions, we do not detect a widespread perception of disillusionment motivated by EU emergency rule.
TL;DR: In this paper , the authors examined the causal relationships through structural equation modeling and found that an increase in perceived risk had a positive effect on crisis communication and NPI and affected tourists' behavioral intentions through emotional attachment to the destination.
Abstract: In the post-COVID-19 era, with tourism activity beginning to revitalize, the behavioral intention of tourists has emerged as the focus of much research interest. While previous studies have suggested that tourists’ perceived risk affects behavioral intention, it has not been found that perceived risk is influenced by other factors that affect behavioral intention in the post-COVID-19 era. This study constructs a research model to understand how tourists’ perceived risk influences emotional attachment to destinations and tourists’ behavioral intention through crisis communication and NPI. Through face-to-face interviews, this study conducted a survey and collected data from 1047 tourists who visited Dadaocheng’s renowned Chinese herbal street in Taiwan and examined the causal relationships through structural equation modeling. The results indicated that an increase in perceived risk had a positive effect on crisis communication and NPI and affected tourists’ behavioral intentions through emotional attachment to the destination. This study provides an opportunity to establish an essential contribution to post-disaster crisis management, which may serve as a marketing reference for tourism operators in the post-COVID-19 era, as well as to address future pandemic challenges.
TL;DR: In this paper , the authors investigated how the COVID-19 crisis caused disputes in construction projects and the measures that quantity surveying firms take to resolve the disputes and claims in construction contracts due to the pandemic.
Abstract: The COVID-19 crisis has presented the construction sector with challenges that the world has never seen before. Productivity is down, costs have increased, conflicts and claims are increasing, delays are high, health and safety practices are increasing, and profit margins have been reduced. The challenges require unprecedented, sudden, and unplanned changes to construction management practices and strategies. Through an open-ended survey questionnaire, this research investigated how COVID-19 causes disputes in construction projects and the measures that quantity surveying firms take to resolve the disputes in construction contracts due to the pandemic. The data revealed that disputes and claims have increased by some 80% due to the COVID-19 pandemic. In addition, the data revealed that the COVID-19 pandemic has increased project costs by more than 40%. Shortages of materials, compliance with standard operating procedures, social distance, fluctuation, and shortages of labor are the causes of disputes. Unlike prior to the COVID-19 crisis, disputes are not caused by variations, ambiguous contract clauses, mistakes, errors, and competencies of the parties to the contracts. To resolve COVID-19-induced claims, contract clauses, negotiations, conciliation, trust management, and contingency provisions are the most effective. This research provides new information on claim management during a crisis. From an ontological standpoint, the main findings of this study are generalizable to construction projects in and outside of Nigeria. © 2022 American Society of Civil Engineers.
TL;DR: In this article, the authors evaluated the urban resilience of the Khuzestan region against floods based on a crisis management approach and technique for order preference by similarity to ideal solution (TOPSIS) and Fuzzy weighting methods using geographic information system (GIS).
Abstract: Assessment and planning of crisis management with the approach to natural flood disasters include many factors. In this regard, one of the basic principles of crisis management is based on the resilience of urban infrastructure against floods. This study developed strategies to increase resilience by flood zoning and crisis management. The investigation of the current situation shows that despite the efforts being made, the climatic and environmental conditions of the rivers, the settlements of the infiltration basin, the constructions, and the location inaccuracy of the following structures indicate many challenges in managing the current situation in various components of crisis management. In this regard, the main direction of this article is to evaluate the urban resilience of the Khuzestan region against floods based on a crisis management approach and technique for order preference by similarity to ideal solution (TOPSIS) and Fuzzy weighting methods using geographic information system (GIS).
TL;DR: In this paper , the authors describe crisis leadership as boundary spanning -managing up, down, and outwards to lead the response to the COVID-19 pandemic in Australia.
Abstract: Using data from a national study on principals’ responses to the initial phase of the COVID-19 pandemic, we describe crisis leadership as boundary spanning – managing up, down, and outwards to lead the response. School leaders had to manage outside expectations to ensure their schools responded to the crisis in ways that allowed for organisational and individual health and well-being. We provide descriptive examples of how principals bridged and buffered to ensure the continuity of instruction and the socio-emotional well-being of teachers, students, and families. We argue that by framing crisis leadership as boundary spanning, we can prepare for future crises by emphasising structures and systems that support leaders in sharing information, communicating, collaborating, advocating, and relationship-building. District leaders should involve principals in decision-making, provide supports that foster boundary-spanning activities, and consider the needs of principals when determining directives.
TL;DR: In this paper , the authors identify the main trends in the modern process of crisis management of companies using digital management tools and determine the specific features of the practical aspects of such management in the current environment.
Abstract: Purpose: The digitalization of social processes as one of the main trends in the development of today's society dictates the need for the market to adapt to new business conditions. The quality of corporate governance must constantly improve. This is achieved not only using digital technologies by the company's management to process information but also due to the growing pressure from consumers from the digital generation to be competitive. These consumers want to buy products and services that are tailored to them and receive a high level of personalized service.
Theoretical framework: Given the requirements of economic, political, and financial stability, imperfections in the market for goods and services, the investment system, and a significant number of company bankruptcies cases, there has been a growing interest in researching the problems of crisis phenomena in the work of enterprises. Equally important has become the use of digital management tools to analyze the factors of their occurrence, and to find effective mechanisms for preventing and eliminating the consequences of the crisis.
Design/methodology/approach: The article aims to identify the main trends in the modern process of crisis management of companies using digital management tools. Moreover, it is also crucial to determine the specific features of the practical aspects of such management in the current environment.
Findings: In the course of the study, bibliographic and analytical methods were used to study the scientific literature on crisis management. The deduction, induction, synthesis, information analysis, system-structural, comparative, logical, and linguistic methods, abstraction, and idealization were employed to study and process data. Moreover, the authors conducted an online questionnaire survey to clarify the most important issues related to management through digital management.
Research, Practical & Social implications: Based on the results of the study, the most important theoretical aspects of the issue of crisis management with the help of digital management tools are identified.
Originality/value: The value of the research lies in the fact that it explores the views of academics and business leaders on key aspects of this issue.
TL;DR: In this paper , the mediating role of crisis management between leadership and business continuity is identified and the findings from structural equation modelling revealed that leaders that are efficient in leadership holds the capability to manage the crisis.
Abstract: The objective of the current research was to identify the mediating role of crisis management between leadership and business continuity. Crisis management has always been considered as a responsibility of the leaders of the organizations. Moreover, leaders have to show their true leadership skills during the time of crisis in order to keep things going. For meeting the objectives of the study, the data has been collected from 384 employees working at public sector organizations of UAE. The data has been collected by applying survey techniques and self administered questionnaires were distributed using simple random sampling. The findings from structural equation modelling revealed that leadership has a significant direct impact over business continuity as well as crisis management. this shows that leaders that are efficient in leadership holds the capability to manage the crisis. Moreover, the mediating role of crisis management between leadership and business continuity is also significant.
TL;DR: In this article , the authors used the organizational resilience framework to investigate how hospitality organizations responded to the COVID-19 pandemic and found that the Omani industry's response was mostly limited to coping, whereas the international industry was active in anticipating, coping, and adapting to the pandemic.
TL;DR: In this article , a crisis and disaster management system using a swarm optimization algorithm (SOA) is proposed to assist in disaster and crisis management, which is able to find the global maximum in the search space without ever settling for a suboptimal solution.
Abstract: Over the course of the last decade, the unmanned aerial vehicle (UAV) research community has received a significant amount of attention. Emergency response operations, such as those that follow a natural disaster, are one of the civil applications that could benefit from the use of UAVs in disaster and crisis management. In the event of a catastrophic event, it would be extremely beneficial for both victims and first responders to have access to a UAV network that is capable of deploying independently and offering communication services. However, when working with complicated situations, one of the most difficult things is coming up with exploratory paths for the networks involved. A crisis and disaster management system using a swarm optimization algorithm (SOA) is proposed to assist in disaster and crisis management. In this system, the UAV search and rescue team follows the strategy called the delay tolerant network, which has the ability to explore. The proposed approach is able to find the global maximum in the search space without ever settling for a suboptimal solution. This work has two primary objectives: the first is to investigate a potential disaster zone, and the second is to direct the UAV to a number of victim groups that were found during the investigation phase. For the purpose of performing a characterization, performance metrics such as delay, throughput, performance rate, and path loss have been analyzed. The results show the superiority of the performance over the existing work.
TL;DR: In this article , the authors reviewed relevant academic literature surrounding microbusinesses and how they have been affected by COVID-19, and used a combination of secondary and primary research to develop further understanding of microbusiness businesses and the impact that the crisis had on organizations in relation to the use of the internet and social media platforms.
Abstract: COVID-19 struck the world by storm and has taken its victims along the way. It had also put the whole world on a temporary pause as people tried to manage the virus as best as possible. It has affected people all around the globe and had a huge impact on the global economy. This research will look into how microbusinesses have used social media in order to better face the challenges and changes that came due to the COVID-19 crisis while it will discuss how businesses’ perceptions were altered along the way. In particular we are reviewing relevant academic literature surrounding microbusinesses and how they have been affected by COVID-19. The research methods used within this study, and the research results will be stated with reference to primary respondents. We have used a combination of secondary and primary research to develop further understanding of microbusinesses and the impact that COVID-19 has had on organizations in relation to the use of the internet and social media platforms. Limitations of the study will also be identified, and future research areas will be identified.
TL;DR: In this paper, the authors present results from an ethnographic study of a government-funded R&D project dealing with agent-based modeling and simulation (ABMS) in the context of pandemic management.
Abstract: Mathematical models and computer simulations play a crucial role in the context of the COVID-19 crisis for knowledge about the possible course of the pandemic and for appropriate policy decisions. The paper presents results from an ethnographic study of a government-funded R & D project dealing with agent-based modeling and simulation (ABMS) in the context of pandemic management. Based on the assumption that the use of computer simulations in pandemic management is not only a means to an end for political or epidemiological goals but also plays a significant role in determining which goals and strategies appear politically legitimate, the paper reconstructs how insights into the pandemic are generated in ABMS and specifically in the researched project and made accessible for decision-making.
TL;DR: In this paper , the authors explored how situational awareness (SA) changed from a creeping to an urgent crisis and found that subjective experience of the geographical proximity of the crisis and subjective experiences of time were essential in shaping SA.
Abstract: In March 2020, the municipality of Oslo's Nursing Home Agency was hit by Norway's first COVID-19 outbreak. Being responsible for a very vulnerable group, they had to deal with a situation never before encountered and of which they had very limited knowledge. In this study, we explored how situational awareness (SA) changed from a creeping to an urgent crisis. We undertook a case study of the Nursing Home Agency's top management during the initial period of the COVID-19 pandemic (December 2019 through late March 2020). We conducted individual interviews with the management in charge of decisions. Thematic analysis yielded four main categories affecting SA: perception of event development, perception of available time, information, and cooperation and trust. We found that subjective experience of the geographical proximity of the crisis and subjective experience of time were essential in shaping SA. Perception of time was essential to the understanding of urgency, which was an important factor in reacting properly. Further, the perception of space was necessary for the crisis to be interpreted as critical. Time and space are objective factors but are perceived subjectively. Our model showed that the crisis must be perceived as urgent for proper actions to be decided upon.
TL;DR: In this article , a qualitative and quantitative study was conducted to identify changes in the hospital OMC before and during the first wave of the Covid-19 crisis and further analyze and compare the impact of the crisis on the perceptions of the staff.
Abstract: To date, it is still largely unclear how the changes, as a result of Covid-19, affect the work environment and the perceived organizational and managerial context (OMC). Through a mixed methods design, this study aims, (1) to identify changes in the hospital OMC before and during the first wave of the Covid-19 crisis; (2) to further analyze and compare the impact of the crisis on the perceptions of the staff. For the quantitative phase, questionnaire measuring the OMC was used in Covid and Non-Covid wards. For the qualitative phase, we performed semi-structured interviews to identify positive and negative elements from the crisis management. Results from linear mixed models highlighted multiple tendencies following the Covid crisis. Differences appeared between Covid and Non-Covid units, with the latter showing greater difficulties following the crisis. A significant increase in participants' scores on interprofessional relationships was reported (P < 0.05). We found a significant decrease in job satisfaction (P < 0.001), absence of burnout (P = 0.001) and perceived efficiency of the service (P < 0.001). These findings suggest that hospital management strategies should aim at providing transformational leadership and information flow, as well as equal support for all working units, so that healthcare professionals feel motivated and work towards a shared meaning.
01 Jan 2023
TL;DR: In this article , the authors analyze local integration management in Germany, France and Sweden from a comparative perspective, focusing on the interadministrative relations, coordination and performance of integration management, with a particular focus on developments after the refugee crisis of 2015/16.
Abstract: This study analyses local integration management in Germany, France and Sweden from a comparative perspective. It focuses on the inter-administrative relations, coordination and performance of integration management, with a particular focus on developments after the refugee crisis of 2015/16. Based on case studies and expert interviews in the aforementioned three countries, it analyses the institutional interplay between actors in both the multi-level system and the local sphere. The authors examine the national contexts, local institutional settings and crisis-related challenges of integration management performance in the three countries, taking similarities and differences from a cross-country and inter-municipal com-parative perspective into account. Using illustrative examples from practice and deriving lessons from in-depth insights into local problem-solving, the study makes recommendations for the optimisation of integration management and more crisis-resilient administrative organisation in this policy area.
TL;DR: In this article , the authors investigated how party politics impacted on horizontal coordination in times of crisis and found that partisan ideology plays a key role as parties pursue clearly distinct pandemic management strategies.
Abstract: The outbreak of the COVID-19 pandemic in early 2020 not only put the public health system under considerable pressure, but it also posed a huge challenge for established routines of intergovernmental coordination in Germany. As the Länder are responsible for implementing infection prevention measures, the most senior intergovernmental council, the minister presidents’ conference (MPK), became the central body for pandemic crisis management. In light of high uncertainty, time pressure and public attention, drastic actions were taken to contain the dissemination of the corona virus. Against this background, our paper investigates how party politics impacted on horizontal coordination in times of crisis. The analysis shows that indeed territorial party politics interferes with routines of intergovernmental coordination. While congruence between the federal and Länder governments promotes homogenous implementation of joint MPK resolutions, increasing coalition size and intense party competition make deviations more likely. Finally, partisan ideology plays a key role as parties pursue clearly distinct pandemic management strategies.
01 Jan 2023
TL;DR: In this article , the authors dissected the dichotomy of HBCU and PWI institutions, reviewed decisions in response to COVID-19 and explored pertinent crisis management literature, and postulated the use of RACERS, a new transformative crisis management model.
Abstract: The novel coronavirus disease (COVID-19) has overwhelmed leaders of countries across the globe and created a tempest of academic, economic, cultural, health and political crises. In its wake, COVID-19 continues to leave behind discombobulation, chaos, confusion and insecurity, across every realm of society. In Academe, the myriad crises propagated by COVID-19 begs the question of how university leaders can balance the risks of this calamity with the opportunity for future resilience. This work reveals the univocal truth that higher education will never be the same, and as with most crises, HEI leaders are in a race against the clock to ensure the continued operation of their campuses. This chapter dissects the dichotomy of HBCU and PWI institutions, reviews decisions in response to COVID-19 and explores pertinent crisis management literature. Through a comparative process, the authors postulate the use of RACERS, a new transformative crisis management model. Such a model requires a mechanism that can provide efficacious leadership stratagems to navigate future crises at HEIs and provide options for COVID-19 recovery.
TL;DR: In this article , the authors applied a relationship perspective to study tourism crisis management and resilience and found that the characteristics and capabilities of individual tourism business actors and their networking behaviour affected the speed of their recovery.
Abstract: This study applies a relationship perspective to study tourism crisis management and resilience. Despite the growing academic interest in crisis management, few studies have examined how tourism businesses utilise their networks as a crisis management strategy. This research uses a multi-case study design and longitudinal data collection to study the effects of a natural disaster on tourism businesses in Lombok, Indonesia. Results indicate that the characteristics and capabilities of individual tourism business actors and their networking behaviour affected the speed of their recovery. Networks can be used as a strategic tool and business recovery is improved by strengthening network resilience.
TL;DR: In this article , the authors explored the duration gap risk management of Islamic banks during the COVID-19 crisis using online focus group studies, and found that the crisis has increased the duration gaps in Islamic banks.
Abstract: This study explores the duration gap risk management of Islamic banks during the COVID-19 crisis using online focus group studies. There are 12 participants from Indonesia, Malaysia, Pakistan and UAE. Findings suggest that COVID-19 has increased the duration gaps of Islamic banks. The causes include, lack of business opportunities, relaxations in terms of policy rates, restructuring offered by central banks and attitudes of the customers of Islamic banks to avail relaxations offered, whether they need it or not. Finally, the crisis has exhibited that customers have managed their spending according to conventional theories of demands of money and Maslow's hierarchy of needs.