Building organizational sustainability in time of crisis / Dr. Norhidayah Ali and Azni Syafena Andin Salamat

Ali, Norhidayah and Andin Salamat, Azni Syafena (2022) Building organizational sustainability in time of crisis / Dr. Norhidayah Ali and Azni Syafena Andin Salamat. In: FBM INSIGHTS. Universiti Teknologi MARA, Kedah, Universiti Teknologi MARA, Kedah, pp. 50-52. ISBN 2716-599X

Abstract

The world has been hit with many crises that have impacted vast majority of individuals and organizations. The emergence and spread of COVID-19 have had a profound impact on the economy, as well as on the loss of human lives. Looking at the past, as well as the current situation due to unprecedented crises, be it health, financial, natural, or technological crises, among others, today’s organizations are urged to think more on creative and effective ways to build sustainability that allows them to maintain their current business and operations. Sustainability by definition is about “keeping the business going” (Colbert & Kurucz, 2007) and it is further delineated as “achieving success today without compromising the needs of the future” (Boudreau & Randstad, 2005). From an organizational perspective, the abovementioned crises have impacted the demand, supply, production, and consumption chains, to name a few. These adverse effects on demand, supply, production, and consumption may lead companies to a shutdown or bankruptcy. Therefore, this paper aims to explore the concept of sustainability, their impact due to crisis, and ways to build sustainability.

Metadata

Item Type: Book Section
Creators:
Creators
Email / ID Num.
Ali, Norhidayah
norhidayah@uitm.edu.my
Andin Salamat, Azni Syafena
azni_syafena@uitm.edu.my
Subjects: H Social Sciences > HF Commerce > Business
H Social Sciences > HF Commerce > Business > Success in business
Divisions: Universiti Teknologi MARA, Kedah > Sg Petani Campus > Faculty of Business and Management
Volume: 6
Page Range: pp. 50-52
Keywords: Crises, individuals, organizations, economy
Date: 2022
URI: https://ir.uitm.edu.my/id/eprint/99721
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