Effectiveness of Crisis Management: During the Corona Virus Pandemic the Case of the Industrial Parks Development Corporation, Bole Lemi Industrial Park, Addis Ababa
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Date
2021-09
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Addis Ababa University
Abstract
Currently the world is being overwhelmingly affected by the global pandemic that is “The corona virus disease (COVID-19)”, it is an ongoing outbreak of pneumonia associated with, severe acute respiratory syndrome (SARS). The Pandemic has a long history, but the term itself is yet to be defined by many medical texts. There have been a number of significant pandemics recorded in human history where pandemic related crises have caused enormous negative impacts on health, economies, and even national security globally.
In this kind of unpredictable turn of events it’s necessary to prepare for a crisis management strategy to respond to crises. This study has investigated effectiveness of the strategic decision-making process during a crisis, specifically, strategy formation and selection during the crisis, this was done by integrating theoretical concepts from both strategic crisis management and crisis communication literature. The research is designed as descriptive, this study used qualitative research methods, and the target population of the study is top management of The Ethiopian Industrial Parks Development Corporation (IPDC) at BOLE Lemi Industrial park management, a questioner survey was conducted for collection of Data. This study has recommended a set of best practices managers within the industry will be able to implement, plus to better prepare for a crisis and how to better manage impacts during crisis., other implications and future areas for research are suggested.
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Keywords
Crisis, Effective Crisis management, Leadership