Economy, business and services

No. 1 (18) - 2023 / 2023-04-04 / Number of views: 115

THE COVID-19 PANDEMIC AS A STRESS TEST OF THE MANAGEMENT SYSTEM IN MODERN REALITIES

Authors

Казахский университет технологии и бизнеса

Keywords

pandemic, stress test, management, activity, enterprise, remote work, crisis, personnel

Link to DOI:

https://doi.org/10.58805/kazutb.v.1.18-70

How to quote

Утилов, М., A. Baktymbet, and G. Shmarlovskaya. “THE COVID-19 PANDEMIC AS A STRESS TEST OF THE MANAGEMENT SYSTEM IN MODERN REALITIES”. Vestnik KazUTB, vol. 1, no. 18, Apr. 2023, doi:10.58805/kazutb.v.1.18-70.

Abstract

The COVID-19 pandemic has significantly transformed organizations around the world. Due to the constantly changing situation and the emergence of new threats, the methods of enterprise management are undergoing significant changes to adapt to new conditions. One of the most notable innovations was the massive shift of companies to telecommuting. The result of this transition is quite significant changes in management practices that require serious analysis and reflection. It is therefore necessary to understand the essence of the changes, the extent to which these changes are in line with the trends, their sustainability, and the prospects for their further application.

The COVID-19 pandemic played a role of stress test for enterprise management systems and revealed several problems.

This article analyzed the problems of the company management system caused by the coronavirus pandemic. It has been demonstrated that mass introduction of remote work has prospects of further development. The changes in the functions of managers and in the structures of management of companies have been studied. Possibilities of broad development of self-government have been considered.