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Journal of Competitiveness

The Crisis as an Impulse to Launch Healing Processes in Industrial Companies

Kislingerová Eva

Keywords:
crisis, depression, machinery industry, equity, liabilities

Abstract:
The paper analyzes some aspects of the period of crises between 2008 to 2010 from a business administration perspective, and the consequences of the general economic depression on Czech companies. Using a small machinery company as a case study, the paper examines a number of specific management decisions which enabled the company to come out of the crises with dynamics in production, much bigger than prior to the downturn. Comparing available macroeconomic data as at February 2011, the paper sums up some strategic decisions of companies which could have substantially helped to restructure these companies during the crisis period. The final part of the paper suggest some specific directions for applied research in 2011 and the upcoming years, which could result in a deeper knowledge of decision-making processes by production companies’ Chief Executives in the Czech Republic.

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Journal of Competitiveness

  

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ISSN 1804-171X (Print); eISSN 1804-1728 (On-line)


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The journal offers access to the contents in the open access system on the principles license Creative Commons (CC BY 4.0).