Please use this identifier to cite or link to this item: http://hdl.handle.net/20.500.12164/134
Title: Learning the hard way vs. vicarious learning: Post crisis learning for small business
Authors: Huzey, Dennis
Betts, Stephen C.
Vicari, Vincent
Issue Date: 2014
Publisher: Academic and Business Research Institute
Rights: http://rightsstatements.org/vocab/InC/1.0/
URI: http://www.aabri.com/manuscripts/131735.pdf
http://hdl.handle.net/20.500.12164/134
Type: journal article
Citation: Huzey, D., Betts, S.C. & Vicari, V. (2014) ‘Learning the Hard Way Vs. Vicarious Learning: Post Crisis Learning for Small Business’ Journal of Management and Marketing Research,15, pp. 1-12.
Abstract: Crisis management is a critical responsibility for all organizations. Regardless of the size of the organization, it is essential to address three general phases - pre-crisis planning, management and recovery during and immediately after the crisis and learning and adjustment recovery after the crisis. Entrepreneurial concerns and small businesses, however, differ from larger, more established businesses in the mechanisms for avoidance and/or reacting to crises, specific types of crises they may face and the disproportionate effect crises has on them, and the ways in which they learn and adjust after a crisis. This paper explores the critical phase of learning from crisis through a small business/ entrepreneurial lens. The authors propose a five step process to recover from crisis and prepare for the future that emphasizes learning not only from your own experience and the external environment, but from other businesses that faced challenges during the crisis.
Subject: crisis management
small business
entrepreneurship
organizational learning
Appears in Collections:Faculty Collection
Marketing and Management Sciences Department

Files in This Item:
File Description SizeFormat 
131735.pdfarticle202.75 kBAdobe PDFThumbnail
View/Open


Items in WPSphere are protected by copyright, with all rights reserved, unless otherwise indicated.