Crisis Management and Early Warning Systems in Enterprises

Authors

  • Emre NALÇACIGİL Dr., Selcuk University, emrenal@hotmail.com, ORCID: 0000-0001-9834-7472
  • Ahmet Fatih ÖZYILMAZ PhD. Can., Selcuk University, fatih_ozyilmaz@hotmail.com, ORCID: 0000-0002-8400-0563)

DOI:

https://doi.org/10.46291/ISPECIJSSHvol4iss4pp387-437

Keywords:

Crisis, Crisis Management, Early Warning Systems.

Abstract

The crisis indicates negativity. This negativity can occur at different degrees and levels. For enterprises, the crisis includes every situation that can reduce the profitability of businesses and even threaten the existence of the business. Accordingly, conflicts within the enterprise, separation of the personnel from the enterprise, not finding new personnel, not finding raw materials, market losses, problems with suppliers or distributors, and most importantly, the political or economic problems that the country or the world may experience, and their negative effects on the business as crisis. It can be considered. Crises are time of danger, but they are also moments that can be turned into opportunities. Organizations can benefit from the crisis when they are ready for the crisis and implement the strategic goals they have developed rapidly. As a result, the crisis can be defined as the process during which organizations and administrations pass a good test. The purpose of this study is to define the concept of crisis, to reveal the crisis management issue in businesses, to evaluate the theories on this subject and to examine the situation in practice with a field study on the subject. The best way to deal with crises is to take precautions to ensure that crises never arise. In this regard, the concept of crisis has been defined in the first part of the study and detailed information about the crisis has been given. In this section, the internal and external factors of the crisis, the stages of its formation, possible positive and negative consequences are discussed in detail. In the second part, crisis management and how it is more effective and easier to get out of the crisis, the crisis management process, types and approaches are extensively studied. In the last section, Crisis exit strategies and early warning systems are evaluated.

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Published

2020-09-05

How to Cite

NALÇACIGİL, E., & ÖZYILMAZ, A. F. (2020). Crisis Management and Early Warning Systems in Enterprises. ISPEC International Journal of Social Sciences & Humanities, 4(4), 387-437. https://doi.org/10.46291/ISPECIJSSHvol4iss4pp387-437

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Articles