Volume- 8
Issue- 6
Year- 2021
DOI: 10.55524/ijirem.2021.8.6.211 | DOI URL: https://doi.org/10.55524/ijirem.2021.8.6.211
This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)
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Dr. Ashutosh Bajpai , Dr. Anubhav Soni, Swati
The social environment and crisis management approaches are highlighted in this article. Depending on 1000 conversations involving corporate leaders in Swedish small or medium-sized firms, users are searching into disaster management. They're curious about the social conditions in which firm executives respond to crises, as well as the working styles they use. Almost majority of firms in this survey don't have a disaster management in the organization and rather than deal with problems as they arise. Few businesses maintain their crisis plans up to date on even a regular basis, or only around half of those that do believe it was helpful in dealing with both the coronavirus COVID-19 situation. According to the findings, Swedish Small medium enterprises (SMEs) seem to be reliant on a developing procedure in which decision are made mostly on gut feelings. The organizations in our sample that saw significant drops in revenue as a consequence of the COVID-19 problem, on the other hand, claim to take a more organized and rational approach to their job, based on reports and documentation. The research adds to our knowledge of how disaster response operates. A contingency/crisis strategy, but in the other side, appears to be critical, but there's enough proof that all these strategies or routines must need the least amount of money or time to execute in order for Businesses being well ready for future calamities.
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Professor, Department of Management Science, Tecnia Institute of Advanced Studies, Delhi, India (dr.bajpai@yahoo.com)
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