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Article

Crisis Management in International Companies: How to Respond to Global Challenges

Anastasiia Korovina, Raisa Hrinchenko

International Journal of Psychology and Strategic Communication, Vol. 1, No. 2, pp. 165–176, 2025

https://doi.org/10.61030/CZHA6461

review
double-blind
access
open
license
CC-BY-4.0
year
2025
doi
registered

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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

Double-blind peer reviewOpen AccessCC BY 4.0Published 2025DOI registered

Crisis Management in International CompaniesTitle

Crisis Management in International Companies: How to Respond to Global Challenges

Authors

Anastasiia Korovina
Raisa Hrinchenko

Publication Details

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 positions in the global market.

Keywords

Crisis management, global challenges, stability, adaptation, international companies, leadership

Citation

Korovina, A., & Hrinchenko, R. (2025): Crisis Management in International Companies: How to Respond to Global Challenges. International Journal of Psychology and Strategic Communication. 165. https://doi.org/10.61030/CZHA6461

Full Document (PDF)

https://ijpsc.org/journal/data/05_Korovina_ONEU.pdf

Metadata and Info
DOI: https://doi.org/10.61030/CZHA6461
Year of Publication: 2025
License: CC BY 4.0 (if applicable)
https://creativecommons.org/licenses/by/4.0/

IJPSC Citation Tools

Cite this article

10.61030/CZHA6461

Anastasiia Korovina, & Raisa Hrinchenko (2025). Crisis Management in International Companies: How to Respond to Global Challenges. International Journal of Psychology and Strategic Communication. https://doi.org/10.61030/CZHA6461