Author First name, Last name, Institution

Christina Nizamidou, Zayed UniversityFollow

Document Type

Article

Source of Publication

Cogent Economics and Finance

Publication Date

1-1-2023

Abstract

COVID-19 forced governments and organizations to navigate unchartered waters and shift to remote work to prevent its spreading, aiming to be resilient and maintain their sustainability. Recent research showed that COVID-19 impacted employees’ engagement and emotions. As every crisis is unique and every organization experiences a crisis differently, this study adopts the single-case study research method to understand better how a Cypriot SME in the financial service dealt with COVID-19 and its aftermath. By interviewing multiple employees from all hierarchical levels, it assesses the company’s level of resilience. Moreover, it demonstrates the company’s challenges to preserve its commitment to continuous improvement and the implications of remote work on employees’ engagement and emotions. Based on the findings, the company showed a high level of resilience, though it adopted a reactive behavior toward crisis management. These findings are beneficial as they expand on research on the importance of proactive behavior that advances continuous improvement and crisis preparedness. Additionally, it expands research about the implications of remote work. Lastly, by showing that their customers’ financial sustainability directly influenced the company’s financial sustainability due to COVID-19 and the ongoing Russo-Ukrainian War, the current offers novel insights about the impact of two mega-crises combined.

ISSN

2332-2039

Publisher

Informa UK Limited

Volume

11

Issue

2

Disciplines

Business

Keywords

continuous improvement, COVID-19, crisis management, emotions, employees’ engagement, remote work, resilience

Scopus ID

85177169565

Creative Commons License

Creative Commons Attribution 4.0 International License
This work is licensed under a Creative Commons Attribution 4.0 International License.

Indexed in Scopus

yes

Open Access

yes

Open Access Type

Gold: This publication is openly available in an open access journal/series

Included in

Business Commons

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