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Learning from crises. The enterprises perspective (Nauka czerpana z kryzysu - perspektywa przedsiebiorstw)

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  • Jacek Pasieczny

    (Zaklad Innowacji Organizacyjnych, Katedra Teorii Organizacji, Wydzial Zarzadzania Uniwersytetu Warszawskiego)

Abstract

The subsequent economic crises strongly influence the way in which all companies function. Although each crisis differed from the previous ones, companies usually implemented "verified" solutions. Most of them perceived the changes as threats and therefore undertook typically defensive restructuring actions. This means, above all, reducing tangible and intangible assets. The goal of these companies was to maintain the maximum profit by adjusting cost to the declining income. Nowadays many companies undertake different restructuring activities, which involve entering new markets, introducing new products as well as increasing or re-shaping the employment structure.

Suggested Citation

  • Jacek Pasieczny, 2011. "Learning from crises. The enterprises perspective (Nauka czerpana z kryzysu - perspektywa przedsiebiorstw)," Problemy Zarzadzania, University of Warsaw, Faculty of Management, vol. 9(31), pages 257-273.
    • Handle: RePEc:sgm:pzwzuw:v:9:i:31:y:2011:p:257-273
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    References listed on IDEAS

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    1. Linsu Kim, 1998. "Crisis Construction and Organizational Learning: Capability Building in Catching-up at Hyundai Motor," Organization Science, INFORMS, vol. 9(4), pages 506-521, August.
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