Covid-19, globalización, complejidad e incertidumbrealgunas reflexiones sobre gestión empresarial en tiempos de crisis y más allá

  1. Rodríguez-Castellanos, Arturo 1
  2. San-Martin-Albizuri, Nerea 1
  1. 1 Universidad del País Vasco UPV EHU
Journal:
Revista GEON: Gestión - Organización - Negocios.

ISSN: 2346-3910

Year of publication: 2020

Issue Title: Geon Journal Vol 7 No 2 july december 2020

Volume: 7

Issue: 2

Pages: 1-17

Type: Article

DOI: 10.22579/23463910.219 DIALNET GOOGLE SCHOLAR lock_openDialnet editor

More publications in: Revista GEON: Gestión - Organización - Negocios.

Abstract

The covid-19 pandemic has induced a strong economic crisis, whose duration and strength are difficult to predict. Many companies in different sectors have suffered its effects. What could be done to ensure the survival of firms, not only to cope with the immediate effects of the crisis, but to overcome the difficulties of an increasingly complex and uncertain environment?. The aim of this paper is to provide some answers on this point. Thus, we examine the characteristics of this crisis, considering both the differences and the similarities with previous crises, and outlining some of the expected consequences of it. In addition, we address suggestions in the business field, both to overcome its immediate effects and to face longer-term business survival. Regarding this last point, it is proposed the achievement of two basic purposes: innovation and sustainability. And for this, a number of skills must be developed, especially three ambidexterities.

Bibliographic References

  • Adrian, T., & Natalucci, F. (2020). COVID-19 Crisis Poses Threat to Financial Stability. IMFBlog, 14/04/2020. Recuperado a partir de https://blogs.imf.org/2020/04/14/covid-19-crisis-poses-threat-to-financial-stability/?utm_medium=email&utm_source=govdelivery
  • Arellano Yanguas, J. (2020). Sociedad y política en el nuevo mundo. El Correo, 05/04/2020, p. 53. Recuperado a partir de https://blogs.deusto.es/ethics/wp-content/uploads/sites/44/2020/04/javier-arellano-sociedad-pol%C3%ADtica-en-el-nuevo-mundo-coronavirus.pdf
  • Beck, T. (2020). Finance in the times of coronavirus. En Baldwin, R. & Weder di Mauro, B. (Eds.): Economics in the time of COVID-19 (pp.73-77). Centre for Economic Policy Research, London, UK. Recuperado a partir de https://voxeu.org/content/economics-time-covid-19
  • Belinchón, F. (2020a). El petróleo cotiza en negativo. Cinco Días, 20/04/2020. Recuperado a partir de https://cincodias.elpais.com/cincodias/2020/04/20/mercados/1587365313_479009.html
  • Belinchón, F. (2020b). La tormenta sigue: el mayor fondo de petróleo ronda mínimos históricos. Cinco Días, 29/04/2020. Recuperado a partir de https://cincodias.elpais.com/cincodias/2020/04/28/mercados/1588089526_256775.html
  • Berger-Vachon, C., Gil Lafuente, A. M., Kacprzyk, J., Kondratenko, Y., Merigó Lindahl, J. M., & Morabito, C. F. (Eds.) (2018). Complex Systems: Solutions and Challenges in Economics, Management and Engineering. Dedicated to Professor Jaime Gil Aluja. Springer, Cham, Switzerland.
  • Bhandari, K. R. (2018): Balancing Exploration and Exploitation Through Customer Development Model: Leveraging Industry 4.0 for Sustainable Performance. En Brunet-Thornton, R., & Martínez, F. (Eds.): Analyzing the Impacts of Industry 4.0 in Modern Business Environments (pp. 147-160). IGI Global, Hershey, PE.
  • Bofinger, P., Dullien, S., Felbermayr, G., Fuest, C., Füther, M., Südekum, J., & Weder di Mauro, B. (2020). Economic implications of the COVID-19 crisis for Germany and economic policy measures. En Baldwin, R., & Weder di Mauro, B. (Eds.): Mitigating the COVID Economic Crisis: Act Fast and Do Whatever It Takes (pp. 167-179). Centre for Economic Policy Research, London, UK. Recuperado a partir de https://voxeu.org/content/mitigating-covid-economic-crisis-act-fast-and-do-whatever-it-takes
  • Boone, L., Haugh, D. Pain, N., & Salins, V. (2020). Tackling the fallout from COVID-19. En Baldwin, R. & Weder di Mauro, B. (Eds.): Economics in the time of COVID-19 (pp. 37-45). Centre for Economic Policy Research, London, UK. Recuperado a partir de https://voxeu.org/content/economics-time-covid-19
  • Boz, E., & Tesar, L. (2018). Investment Hollowing Out. IMF Economic Review, 66(1), 15-30. Recuperado a partir de https://link.springer.com/article/10.1057/s41308-017-0044-2
  • De-Goñi-Oslé, J. M., & Rodríguez-Castellanos, A. (2018). A Model for the Management in Organizations Based on People and Knowledge: Aspects to be Considered in its Design. En Berger-Vachon, C., Gil Lafuente, A. M., Kacprzyk, J., Kondratenko, Y., Merigó Lindahl, J. M., & Morabito, C. F. (Eds.). Complex Systems: Solutions and Challenges in Economics, Management and Engineering. Dedicated to Professor Jaime Gil Aluja (pp. 63-82). Springer, Cham, Switzerland.
  • Euromoney (2020a). Government finances - After the disease, the debt. Euromoney, 23/04/2020. Recuperado a partir de https://www.economist.com/leaders/2020/04/23/after-the-disease-the-debt
  • Euromoney (2020b). What would Keynes do? The pandemic will leave the rich world deep in debt, and force some hard choices. Euromoney, 23/04/2020. Recuperado a partir de https://www.economist.com/briefing/2020/04/23/the-pandemic-will-leave-the-rich-world-deep-in-debt-and-force-some-hard-choices
  • Fanjul, E. (2020). El coronavirus, ¿nuevo impulso a la desglobalización? Blog Elcano, 12/III/2020, Real Instituto Elcano. Recuperado a partir de https://blog.realinstitutoelcano.org/el-coronavirus-nuevo-impulso-a-la-desglobalizacion/.
  • Fariza, I. (2020). La economía mundial se adentra en lo desconocido. El País, 15/03/2020, p. 49. Recuperado a partir de https://elpais.com/economia/2020-03-14/la-economia-se-adentra-en-lo-desconocido.html.
  • Figueras, B. (2020). Guía sobre la recesión que viene: cómo afectará a sectores y empresas. Cinco Días, 23/02/2020. Recuperado a partir de https://cincodias.elpais.com/cincodias/2020/03/23/companias/1584952094_769921.html
  • Fontrodona, J., & Muller, P. (2020). Reforzar la integridad empresarial ante la crisis del Covid-19. SSRN Paper, April, 8. Recuperado a partir de https://ssrn.com/abstract=3571706. Acceso el 21/05/2020
  • Gil-Aluja, J., Terceño-Gómez, A., Ferrer Comalat, J.C., Merigó-Lindahl, J.M., & Linares Mustaros, S. (Eds.) (2015). Scientific Methods for the Treatment of Uncertainty in Social Sciences. Springer, Cham, Switzerland.
  • Gray, B., & Purdy, J. M. (2018). Collaborating for Our Future: Confronting Complex Problems through Multi-Stakeholder Partnerships. Oxford University Press, Oxford, UK.
  • Hallward-Driemeier, M., & Nayyar, G. (2018). Trouble in the Making? The Future of Manufacturing-Led Development. Washington, DC: The World Bank. Recuperado a partir de https://www.worldbank.org/en/topic/competitiveness/publication/trouble-in-the-making-the-future-of-manufacturing-led-development
  • Innerarity, D. (2020). La complejidad de un virus. El Diario Vasco, 19/04/2020. Recuperado a partir de https://www.diariovasco.com/opinion/complejidad-virus-20200419003155-ntvo.html
  • Lee, P. (2020). Can banks withstand the impact of Covid-19? Euromoney, 27/03/2020. Recuperado a partir de https://www.euromoney.com/article/b1kxrvx42r38r6/can-banks-withstand-the-impact-of-covid-19
  • Leiva, J. C., & Guillén, E. (2020). Cuadrante de análisis estratégico para daños por la crisis. Recuperado a partir de https://www.uv.es/uvempren/Cuadrante_Analisis_Estrategico.pdf
  • Leon, R.-D. (Ed.) (2018). Managerial strategies for business sustainability during turbulent times. IGI Global, Hershey, PE.
  • Lichtenthaler, U. (2009). Absorptive capacity, environmental turbulence, and the complementarity of organizational learning processes. Academy of Management Journal, 52(4), 822–846. Recuperado a partir de https://www.jstor.org/stable/40390318?seq=1
  • Lucchese, M., & Pianta, M. (2020). The Coming Coronavirus Crisis: What Can We Learn? Intereconomics, 55(2), 98–104. Recuperado a partir de https://www.intereconomics.eu/contents/year/2020/number/2/article/the-coming-coronavirus-crisis-what-can-we-learn.html
  • Mack, O., Khare, A., Krämer, A., & Burgartz, T. (Eds.) (2016). Managing in a VUCA world. Springer, Cham, Switzerland.
  • Mann, C. (2020). Real and financial lenses to assess the economic consequences of COVID-19. En Baldwin, R. & Weder di Mauro, B. (Eds.): Economics in the time of COVID-19 (pp. 81-87). Centre for Economic Policy Research, London, UK. Recuperado a partir de https://voxeu.org/content/economics-time-covid-19
  • Marchau, V. A. W. J., Walker, W. E., Bloemen, P. J. T. M., & Popper, S. W. (Eds.) (2019). Decision making under deep uncertainty: from theory to practice. Springer, Cham, Switzerland.
  • Mendoza, E.G., & Quadrini, V. (2010). Financial globalization, financial crises and contagion. Journal of Monetary Economics, 57(1), 24-39. Recuperado a partir de https://www.sciencedirect.com/science/article/abs/pii/S0304393209001445
  • Mitchell, M. (2009). Complexity, a guided tour. Oxford University Press, New York, NY.
  • Nolte, M. (2020). Covid-19: La economía se agrieta. El Correo, 16/03/2020. Recuperado a partir de https://www.elcorreo.com/opinion/covid19-economia-agrieta-20200316195454-nt.html
  • Prigogine, I., & Stengers, I. (1984). Order out of Chaos: Man’s new dialogue with nature. Bantam Books, New York, NY.
  • Ramelli, S., & Wagner, A. F. (2020). Feverish Stock Price Reactions to COVID-19. Swiss Finance Institute Research Paper Series N°20-12. Recuperado a partir de https://ssrn.com/abstract=3550274
  • Reinhart, C. M. (2002). Default, Currency Crises, and Sovereign Credit Ratings The World Bank Economic Review, 16(2), 151-170. Recuperado a partir de https://www.jstor.org/stable/3990154?seq=1
  • Reinhart, C., & Rogoff, K. (2020). The Coronavirus Debt Threat. Wall Street Journal, 27/03/2020. Recuperado a partir de: https://www.wsj.com/articles/the-coronavirus-debt-threat-11585262515
  • Roblek, V., I. Erenda, I., & Meško, M. (2018). The Challenges of Sustainable Business Development in the Post-Industrial Society in the First Half of the 21st Century. En Leon, R.-D. (Ed.): Managerial strategies for business sustainability during turbulent times (pp. 1-22). IGI Global, Hershey, PE.
  • Rodríguez-Castellanos, A. (2017). ¿Un mundo más incierto? Consecuencias para la gestión de riesgos. Bilbao: Instituto de Economía Aplicada a la Empresa de la Universidad del País Vasco, 05/12/2017. Recuperado a partir de https://www.ehu.eus/ehusfera/enpresa-institutua/2017/12/05/un-mundo-mas-incierto-consecuencias-para-la-gestion-de-riesgos/#more-1244.
  • Rodríguez-Castellanos, A. (2018). La cuarta revolución industrial en las empresas: organización y personas En Las ciencias económicas y financieras ante una sociedad en transformación (pp. 27-60). Real Academia de Ciencias Económicas y Financieras, Barcelona, España. Recuperado a partir de https://racef.es/archivos/publicaciones/racef_leon_ms_54_18.pdf
  • Rodríguez-Castellanos, A. (2019a). Complejidad, incertidumbre y crisis financiera. En Gil-Lafuente, A. M. (Coord.): Complejidad financiera: mutabilidad e incertidumbre en instituciones, mercados y productos (pp. 111-138). Real Academia de Ciencias Económicas y Financieras, Barcelona, España. Recuperado a partir de https://racef.es/archivos/publicaciones/ms57_19_racef_mallorca_web_libro.pdf
  • Rodríguez-Castellanos, A. (2019b). Hacia un nuevo humanismo empresarial: organización y personas. En Un ensayo humanista para la formalización económica. Bases y aplicaciones (pp. 201-264). Real Academia de Ciencias Económicas y Financieras, Barcelona, España. Recuperado a partir de https://racef.es/archivos/publicaciones/me58_19_web_racef_libro.pdf
  • Rodríguez-Castellanos, A., Urionabarrrenetxea-Zabalandikoetxea, S., & San-Martín-Albizuri, N. (2008). Crisis financieras y globalización: un análisis de sus factores determinantes. Problemas del Desarrollo, Revista Latinoamericana de Economía, 39(153), 159-183. Recuperado a partir de http://revistas.unam.mx/index.php/pde/article/view/7714/7189
  • Sahagún, F. (2020). La pandemia del siglo XXI. Madri+d Notiweb, 15/04/2020. Recuperado a partir de https://www.madrimasd.org/notiweb/analisis/pandemia-siglo-xxi
  • San-Martín-Albizuri, N., & Rodríguez-Castellanos, A. (2011). La imprevisibilidad de las crisis: un análisis empírico sobre los índices de riesgo país. Revista Innovar. Revista de Ciencias Administrativas y Sociales, 21(39), 163-179. Recuperado a partir de https://revistas.unal.edu.co/index.php/innovar/article/view/35093/35356
  • San-Martín-Albizuri, N., & Rodríguez-Castellanos, A. (2012). Un marco conceptual para los procesos de innovación abierta: integración, difusión y cooperación en el conocimiento. TELOS. Revista de Estudios Interdisciplinarios en Ciencias Sociales, 14(1), 83-101. Recuperado a partir de http://ojs.urbe.edu/index.php/telos/article/view/1983/1875
  • San-Martín-Albizuri, N., & Rodríguez-Castellanos, A. (2015). Country risk index and sovereign ratings: do they foresee financial crises? Journal of Risk Model Validation, 9(1), 33-55. Recuperado a partir de https://www.risk.net/journal-of-risk-model-validation/2400826/country-risk-index-and-sovereign-ratings-do-they-foresee-financial-crises
  • Schwab, K. (2016). The Fourth Industrial Revolution. World Economic Forum, Geneva, Switzerland.
  • Smith, P. A. C., & Pourdehnad, J. (2018). Organizational Leadership for the Fourth Industrial Revolution: Emerging Research and Opportunities. IGI Global, Hershey, PE. Recuperado a partir de http://www.gbv.de/dms/zbw/1001804368.pdf
  • Taleb, N. N. (2007). The Black Swan: The Impact of the Highly Improbable. Random House, New York, NY.
  • Taleb, N. N. (2012). Antifragile: things that gain from disorder. Random House, New York, NY.
  • Varanasi, R. P. (2018). Enterprise Agility in Today’s Era of Complexity. En Dall’Acqua, L., & Lukose, D. (Eds.): Improving Business Performance Through Effective Managerial Training Initiatives (pp. 1-16). IGI Global, Hershey, PE.
  • Velthuijsen, J. W., Van Tol, W., & Hagen, A. (2017). Human value in the digital age. PwC. Recuperado a partir de https://www.pwc.nl/nl/assets/documents/pwc-human-value-in-the-digital-age.pdf
  • Zhang, D., Hu, M., & Ji, Q. (2020). Financial markets under the global pandemic of COVID-19. Finance Research Letters, https://doi.org/10.1016/j.frl.2020.101528. Recuperado a partir de https://www.sciencedirect.com/science/article/pii/S1544612320304050