Today, people across the world are living an unprecedented crisis in the history of mankind. The world is helplessly witnessing and undergoing the chaos caused by COVID-19. If “Global Quarantine” has saved lives, as remarked by the International Monetary Fund (IMF), it has simultaneously brought great damage to the world’s economy due to a halt of economic activities and international trade.
The current health situation has challenged both business leaders and employees and raised their awareness of the importance of managing this serious crisis. A number of factors, including the decline in profit, the shutdown of businesses and the difficult situation facing corporations, have led to the stagnation of development in many areas. However, the preventive measures being applied to stop the spread of the coronavirus have forced companies to adapt their strategies and rethink their methods of management in an effort to overcome such a change in the world’s economy.
In this regard, after interviewing 80 participants including researchers, business leaders, HR directors, and managers coming from 22 countries and four continents about the managerial changes caused by the pandemic, Frimousse and Peretti (2020) concluded that every respondent agreed that the new work practices, new managerial innovations, and organizational changes have yielded positive benefits in the time of crisis.
Therefore, businesses and work organizations can no longer depend on the old managerial models because the challenge today is to preserve subtle balances. Riboud, a former CEO of Danone and a distinguished entrepreneur, rightly stated that ‘the most successful companies are those which jointly support the technological change, the content of work, and relationships change in the enterprise.’ This is in a world where ‘time decreases, speed increases, and the world becomes a large village, in which we have to reinvent our lifestyles’ (Riboud).
As such, governing differently, organizing differently, managing differently, and working differently are four strategic pillars for all organizations wanting to survive in this new world.
This conference aims to promote these approaches, providing participants with the opportunity to discuss emerging solutions and managerial innovations. The goal is to create an environment for discussion among researchers, professionals, and experts working on issues in management. This academic event will give researchers the opportunity to present fieldwork papers and enable professionals to share lived experiences involving managerial problems and solutions.
Colloquium goals and objectives:
Stimulate thinking about problems brought about by different crises, especially the health crisis associated with Covid 19 and its impact on management methods.
Highlight the different challenges faced by organizations during the crisis period, including the “Managerial” dimension.
Suggest alternative solutions that can help organizations overcome this crisis.
Explore diverse disciplines to extend investigation, expand analysis, and refine judgment in order to better understand the complexity associated with situations of crisis and uncertainty.
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