Crisis Management and Organizational Resilience: Learning from Global Business Disruptions
DOI:
https://doi.org/10.48047/vfjt5k93Keywords:
crisis management, organizational resilience, preparedness, proactive risk management, adaptive leadership, collaborative culture.Abstract
The purpose of this research is to examine the link between crisis management practices and organizational
readiness for crises in the healthcare, financial, manufacturing, and retail industries. In particular, it aims at
determining the most effective crisis management measures that play a major role in enhancing resilience and
evaluating the role of sectoral strategies in enhancing crisis preparedness. Out of the 500 surveys distributed,
385 were filled up, which gave a response rate of 77 percent. The quantitative analysis proved that there is a
strong positive correlation between the application of effective crisis management strategies and organizational
resilience (F(3, 381) = 24.56, p < 0.001), where preparedness and planning explained 45 % of the variance.
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