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
Date Written: May 30, 2019
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
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