Pregled bibliografske jedinice broj: 326649
Business Process Regeneration of the Company in Years-Long Crisis : An Odyssey With Uncertain Outcome
Business Process Regeneration of the Company in Years-Long Crisis : An Odyssey With Uncertain Outcome // Sixth International Conference on Enterprise in Transition : proceedings / Reić, Zlatan (ur.).
Split: Ekonomski fakultet Sveučilišta u Zagrebu, 2005. str. 745-760 (predavanje, međunarodna recenzija, cjeloviti rad (in extenso), znanstveni)
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Naslov
Business Process Regeneration of the Company in Years-Long Crisis : An Odyssey With Uncertain Outcome
Autori
Kružić, Dejan
Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni
Izvornik
Sixth International Conference on Enterprise in Transition : proceedings
/ Reić, Zlatan - Split : Ekonomski fakultet Sveučilišta u Zagrebu, 2005, 745-760
ISBN
953-6024-70-5
Skup
International Conference on Enterprise in Transition (6 ; 2005)
Mjesto i datum
Bol, Hrvatska, 26.05.2005. - 28.05.2005
Vrsta sudjelovanja
Predavanje
Vrsta recenzije
Međunarodna recenzija
Ključne riječi
business process regeneration; crisis management; chronic crisis stage
Sažetak
Increased uncertainty and risk implies a considerably higher vulnerability of companies, especially in those economies that are still undergoing the transition process and are not yet strong enough to adapt quickly to changes and critical situations. A crisis point is the moment of truth for many companies, so modern management is faced with some explorative questions: what is to be done when the crisis strikes and when years-long classic therapy provides no positive results, and/or when such attempt is no longer worth making? In addition to the determination of crisis management tasks in the regeneration process, particularly taking on responsibility for the possible outcome that might have resulted in bankruptcy, the paper highlight the creation of the necessary propositions preceding the battle for survival. This paper try to dispel the paradigm about managing the corporate crisis according to which if the company has a blocked account for a longer period, or corporation has a total chronic insolvency and illiquidity problems, and/or the value of liabilities exceeds the value of corporation assets, bankruptcy is the only possible solution. The article suggests that one should never give up, that there are no miraculous solutions, and that the battle for survival should always be attempted regardless of the (un)certainty of the positive outcome and the fact that such an outcome may verge on miracle.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
Napomena
Prošireni sažetak str. 171-175.