Crisis management and crisis planning

Ľuboslav Szabo, Miroslav Grznár

Abstract


The paper examines the impact of an economic crisis on enterprises and on decisions made by
enterprise management in crisis situations. It characterizes crisis manifestations in the industrial
production in the Slovak Republic, identifies the main areas where crisis is manifestations in companies’
economy. It looks into the role and methods of crisis management and crisis planning in eliminating the
effects of crises. Particular attention is also paid to human resource management in crisis situations.

Keywords


crisis management, crisis planning, lean organisation, reduction in workforce

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Online: 2013-10-21