Institutional Modernization, Crisis and Change Management: Thoughts From and for the Greek Crisis

6th International Conference on Applied Economics “INSTITUTIONS & THE KNOWLEDGE ECONOMY. University of Thessaly, Department of Economics, Volos, Greece, 2019

15 Pages Posted: 27 Jun 2019

See all articles by Charis Vlados

Charis Vlados

Democritus University of Thrace, Department of Economics

Dimos Chatzinikolaou

Democritus University of Thrace, Department of Economics

Michail Demertzis

Democritus University of Thrace, School of Law, Students

Date Written: May 30, 2019

Abstract

This study has a purpose of highlighting how the current crisis and restructuring of globalization is linked to partial phenomena of institutional crisis and underdevelopment, by discussing the case of the Greek crisis. It suggests that the emergence and prevalence of institutional innovations is a prerequisite to overcoming the crisis and is linked to the establishment of new and more effective public change management mechanisms. In conclusion, the “Stra.Tech.Man” approach (synthesis of strategy-technology-management) to organizational dynamics can offer a repositioned change management policy.

Keywords: Global socioeconomic crisis; Institutional innovation; Change management, Greek crisis, Institutional development/underdevelopment, Stra.Tech.Man approach

Suggested Citation

Vlados, Charis and Chatzinikolaou, Dimos and Demertzis, Michail, Institutional Modernization, Crisis and Change Management: Thoughts From and for the Greek Crisis (May 30, 2019). 6th International Conference on Applied Economics “INSTITUTIONS & THE KNOWLEDGE ECONOMY. University of Thessaly, Department of Economics, Volos, Greece, 2019, Available at SSRN: https://ssrn.com/abstract=3400744

Charis Vlados (Contact Author)

Democritus University of Thrace, Department of Economics ( email )

Komotini
Greece

Dimos Chatzinikolaou

Democritus University of Thrace, Department of Economics ( email )

Komotini
Greece

Michail Demertzis

Democritus University of Thrace, School of Law, Students ( email )

Greece

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