The Roles of Strategic Planning in Organizational Crisis Management: The Case of Jordanian Banking Sector

This study aimed to identify the roles of strategic planning in organizational crisis management on Jordanian banks in Ramtha. The main goal of conducting this study is to measure the external and internal orientation in strategic planning and the crisis management from four different perspectives:...

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Main Authors: Hasan Yousef Aljuhmani, Okechukwu Lawrence Emeagwali
Format: Article
Language:English
Published: EconJournals 2017-07-01
Series:International Review of Management and Marketing
Online Access:http://mail.econjournals.com/index.php/irmm/article/view/4396
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author Hasan Yousef Aljuhmani
Okechukwu Lawrence Emeagwali
author_facet Hasan Yousef Aljuhmani
Okechukwu Lawrence Emeagwali
author_sort Hasan Yousef Aljuhmani
collection DOAJ
description This study aimed to identify the roles of strategic planning in organizational crisis management on Jordanian banks in Ramtha. The main goal of conducting this study is to measure the external and internal orientation in strategic planning and the crisis management from four different perspectives: signal detection, preparation and prevention, crisis recovery and learning on Jordanian banks in Ramtha. The research provides a substantial and original contribution to the fact that it deals with economic sector, the banking sector, which is one of the most vulnerable sectors of the crises, especially in the light of the political conditions, economic instability and the Arab Spring, which is pushing the researcher to know how to take benefit of the features provided by strategic planning and its role in crisis management. This study also showed that employees were either ignorant about crisis management stages or there was a clear disregard for crisis management stages at Jordanian banks in Ramtha. Keywords:  Strategic Planning; Crisis Management; Jordanian Banks; Performance JEL Classifications: M00; M1; M19
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spelling doaj.art-9a232cf68e0042978fe6c43b0200d61c2023-02-15T16:20:13ZengEconJournalsInternational Review of Management and Marketing2146-44052017-07-0173The Roles of Strategic Planning in Organizational Crisis Management: The Case of Jordanian Banking SectorHasan Yousef Aljuhmani0Okechukwu Lawrence Emeagwali1Girne American University, Republic of North CyprusGirne American University, Republic of North Cyprus This study aimed to identify the roles of strategic planning in organizational crisis management on Jordanian banks in Ramtha. The main goal of conducting this study is to measure the external and internal orientation in strategic planning and the crisis management from four different perspectives: signal detection, preparation and prevention, crisis recovery and learning on Jordanian banks in Ramtha. The research provides a substantial and original contribution to the fact that it deals with economic sector, the banking sector, which is one of the most vulnerable sectors of the crises, especially in the light of the political conditions, economic instability and the Arab Spring, which is pushing the researcher to know how to take benefit of the features provided by strategic planning and its role in crisis management. This study also showed that employees were either ignorant about crisis management stages or there was a clear disregard for crisis management stages at Jordanian banks in Ramtha. Keywords:  Strategic Planning; Crisis Management; Jordanian Banks; Performance JEL Classifications: M00; M1; M19 http://mail.econjournals.com/index.php/irmm/article/view/4396
spellingShingle Hasan Yousef Aljuhmani
Okechukwu Lawrence Emeagwali
The Roles of Strategic Planning in Organizational Crisis Management: The Case of Jordanian Banking Sector
International Review of Management and Marketing
title The Roles of Strategic Planning in Organizational Crisis Management: The Case of Jordanian Banking Sector
title_full The Roles of Strategic Planning in Organizational Crisis Management: The Case of Jordanian Banking Sector
title_fullStr The Roles of Strategic Planning in Organizational Crisis Management: The Case of Jordanian Banking Sector
title_full_unstemmed The Roles of Strategic Planning in Organizational Crisis Management: The Case of Jordanian Banking Sector
title_short The Roles of Strategic Planning in Organizational Crisis Management: The Case of Jordanian Banking Sector
title_sort roles of strategic planning in organizational crisis management the case of jordanian banking sector
url http://mail.econjournals.com/index.php/irmm/article/view/4396
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