Business Under Crisis, Volume II

Crises present significant challenges for organizations. But, while critical events are inevitable, not every business is sufficiently equipped for when things don't go according to plan. This book focuses on business under crisis conditions, along with organizational responses and adaptation. Adaptation can be seen as a learning process. It encompasses meaningful ways that help companies sustain their viability over the long term. Companies that respond quickly, often achieve more than just surviving. Some organizations will learn from a crisis, develop reactive resilience, and emerge stronger from the period of turbulence. They will be able to explore possibilities and create new patterns of relationships. Bringing together descriptive and prescriptive research studies, chapters explore adaptation in different sectors, including public health, tourism, garment, Information Technology, high-tech companies, global trade networks, hospitality, security and the social sector. Ultimately, the book covers wide range of topics, linking strategy, entrepreneurship, and leadership to reciprocal organizational adaptations that help us delineate crisis, as well as its interconnections in differing settings. Demetris Vrontis is Professor and Vice Rector for Faculty and Research at the University of Nicosia in Cyprus.Alkis Thrassou is Professor in the School of Business at the University of Nicosia, Cyprus, and a Senior Research Fellow of the EuroMed Academy of Business (EMAB).

Yaakov Weber is Professor and Director of the Research Unit, School of Business Administration, College of Management, Israel.

S. M. Riad Shams is Lecturer at the Newcastle Business School, Northumbria University, UK.

Evangelos Tsoukatos teaches Management at the University of Applied Sciences Crete, Greece, and is adjunct faculty at the University of Nicosia and the Hellenic Open University. Leonidas Efthymiou is Assistant Professor in Hospitality and Management.

Auteur

Demetris Vrontis is Professor and Vice Rector for Faculty and Research at the University of Nicosia in Cyprus.

Alkis Thrassou is Professor in the School of Business at the University of Nicosia, Cyprus, and a Senior Research Fellow of the EuroMed Academy of Business (EMAB).

Yaakov Weber is Professor and Director of the Research Unit, School of Business Administration, College of Management, Israel.

S. M. Riad Shams is Lecturer at the Newcastle Business School, Northumbria University, UK.

Evangelos Tsoukatos teaches Management at the University of Applied Sciences Crete, Greece, and is adjunct faculty at the University of Nicosia and the Hellenic Open University. Leonidas Efthymiou is Assistant Professor in Hospitality and Management.

Contenu

Vol. 4ii - Business Under Crisis: Organisational Adaptations

Chapter Title & Authors

Chapter Description

Chapter 1

Editorial Introduction: Crisis & Adaptation components of the same continuum

Demetris Vrontis (Ed.)

Alkis *Thrassou (Ed.)*

Yaakov Weber (Ed.)

Riad Shams (Ed.)

Evangelos Tsoukatos (Ed.)

Leonidas Efthymiou (Ed.)

In the first chapter of this volume, authors encourage us to consider crisis and adaptation as different positions on the same continuum. Rather than picturing a polar opposite, crisis and adaptation is rather a learning process where people operate within situations. It is a set of systems that are forced to experiment; organisations that explore their space of possibilities; and businesses that create new patterns of relationships. The chapters put forward the idea that change should be part of organizational culture rather than a reaction to events.

Chapter 2

Innovation Tendencies at times of Crisis

Katerina Kampouri, Hajidimitriou, Yannis, Innovation, Eva Mouratidou

(University of Macedonia, Greece) This chapter reviews and discusses key papers in the field of Internationalised family businesses (IFBs) to provide insights into IFBs' strategic responses to crises through innovation. The analysis identifies triggers of innovation in IFBs and presents a conceptual model that integrates the relevant findings. By doing this, a mapping and organization of the relevant literature is enables, resulting to alternative explanations of the behaviour of IFBs concerning innovation during crises.

Chapter 3

Business Under Crisis Talent Management and Responsible Leadership in Luxembourg

Schinzel Ursula

(Unicaf University, Cyprus)

Within the framework of Human Resource Management (HRM), this chapter explores the link between talent management and responsible leadership in Luxembourg. In addition, the study relies on the findings of 41 semi-structured interviews, which were conducted before and after the Coronavirus outbreak, to explain the impact on talent management before and after the crisis. The discussion presents implications concerning the link between talent management, responsible leadership, and the need for change and innovation, with the Luxembourgish language as identifier.

Chapter 4

Strategic organizational sustainability

José G. Vargas-Hernández

(University of Guadalajara, Mexico)

This chapter explores sustainability through strategic lenses. The analysis approaches crisis as an embedded feature in contemporary global economy, where contradictory patterns, globalization and des-globalization processes exist. A new model is put forward, which is based on designing and implementing strategic organizational sustainability, abandoning the narrow focus on economic growth and profits to embrace the social inclusion and equity as well as the environmental sustainability issues.

Chapter 5

**Entrepreneurship and adaptiveness in conditio...