Anastasiia Korovina
Author
Anastasiia Korovina
1 article in IJPSC · 2025 · 1 co-author
Publications in IJPSC
2025
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Research Article
Crisis Management in International Companies: How to Respond to Global Challenges
Anastasiia Korovina, Raisa Hrinchenko
Abstract
This paper explores key aspects of crisis management in international companies in the context of global challenges such as pandemics, political conflicts, and economic downturns. It presents strategies for businesses to adapt to rapid changes in the global market and maintain operational stability. The study analyzes how international crises affect operations, supply chains, financial performance, and corporate reputation. It also highlights the role of leadership and proactive strategies in navigating crisis situations effectively. Problem statement In today's world, international companies are facing increasingly complex and unpredictable global challenges, such as pandemics, political conflicts, economic crises, and changes in the regulatory environment. These crises not only jeopardize business stability but can also cause lasting damage, affecting supply chain operations, financial performance, and reputation. The problem is that it is difficult for international companies to predict when and how such crises will occur, as well as to adapt quickly and effectively to new conditions. There is a need to develop reliable crisis management strategies that will allow companies not only to successfully overcome crises but also to maintain or even strengthen their...
Keywords Crisis management; global challenges; stability; adaptation; international companies; leadership
Research areas
- Crisis Management 1
- Organizational Change 1
- Psychology 1
- Strategic Communication 1
Article keywords Crisis management; global challenges; stability; adaptation; international companies; leadership