Learning through mistakes in crisis management as a strategy of low losses in conditions of continuous uncertainty
The article examines the problem of crisis management in conditions of continuous uncertainty. It is considered how leaders and the organisations they lead can maintain reputation, financial and operational strength, and competitive advantage in a crisis. The basics of understanding the essence of t...
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| Format: | Article |
| Language: | English |
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Publishing House of the State University of Management
2022-02-01
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| Series: | Вестник университета |
| Subjects: | |
| Online Access: | https://vestnik.guu.ru/jour/article/view/3243 |
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| _version_ | 1832541702118703104 |
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| author | T. V. Mokeeva |
| author_facet | T. V. Mokeeva |
| author_sort | T. V. Mokeeva |
| collection | DOAJ |
| description | The article examines the problem of crisis management in conditions of continuous uncertainty. It is considered how leaders and the organisations they lead can maintain reputation, financial and operational strength, and competitive advantage in a crisis. The basics of understanding the essence of the crisis, its main factors and origins, are analysed. Leaders are judged on how they deal with the organisation’s most difficult challenges. The article presents the concepts of anti-crisis management, the principles of effective anti-crisis response. The typical mistakes are identified and the possibility of learning through mistakes is explored to reduce losses in a crisis situation.The article will be useful for heads of organisations for making management decisions. |
| format | Article |
| id | doaj-art-9c973fde712e43d3b126c455de5ca510 |
| institution | Kabale University |
| issn | 1816-4277 2686-8415 |
| language | English |
| publishDate | 2022-02-01 |
| publisher | Publishing House of the State University of Management |
| record_format | Article |
| series | Вестник университета |
| spelling | doaj-art-9c973fde712e43d3b126c455de5ca5102025-02-04T08:28:10ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152022-02-01012101710.26425/1816-4277-2021-12-10-172213Learning through mistakes in crisis management as a strategy of low losses in conditions of continuous uncertaintyT. V. Mokeeva0Peter the Great St. Petersburg Polytechnic UniversityThe article examines the problem of crisis management in conditions of continuous uncertainty. It is considered how leaders and the organisations they lead can maintain reputation, financial and operational strength, and competitive advantage in a crisis. The basics of understanding the essence of the crisis, its main factors and origins, are analysed. Leaders are judged on how they deal with the organisation’s most difficult challenges. The article presents the concepts of anti-crisis management, the principles of effective anti-crisis response. The typical mistakes are identified and the possibility of learning through mistakes is explored to reduce losses in a crisis situation.The article will be useful for heads of organisations for making management decisions.https://vestnik.guu.ru/jour/article/view/3243crisiscrisis originscrisis managementcrisis management conceptscrisis management failureslearning through failuresleadershipreputation management |
| spellingShingle | T. V. Mokeeva Learning through mistakes in crisis management as a strategy of low losses in conditions of continuous uncertainty Вестник университета crisis crisis origins crisis management crisis management concepts crisis management failures learning through failures leadership reputation management |
| title | Learning through mistakes in crisis management as a strategy of low losses in conditions of continuous uncertainty |
| title_full | Learning through mistakes in crisis management as a strategy of low losses in conditions of continuous uncertainty |
| title_fullStr | Learning through mistakes in crisis management as a strategy of low losses in conditions of continuous uncertainty |
| title_full_unstemmed | Learning through mistakes in crisis management as a strategy of low losses in conditions of continuous uncertainty |
| title_short | Learning through mistakes in crisis management as a strategy of low losses in conditions of continuous uncertainty |
| title_sort | learning through mistakes in crisis management as a strategy of low losses in conditions of continuous uncertainty |
| topic | crisis crisis origins crisis management crisis management concepts crisis management failures learning through failures leadership reputation management |
| url | https://vestnik.guu.ru/jour/article/view/3243 |
| work_keys_str_mv | AT tvmokeeva learningthroughmistakesincrisismanagementasastrategyoflowlossesinconditionsofcontinuousuncertainty |