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What is Contingency Perspective

Handbook of Research on Emerging Business Models and the New World Economic Order
The contingency approach suggests that an organization’s most suitable management style depends on the context or environment.
Published in Chapter:
Experiences, Perceptions, and Expectations of the Business Community in Mexico Amidst the COVID-19 Crisis
Jesús Manuel Palma-Ruiz (Universidad Autónoma de Chihuahua, Mexico), Herik Germán Valles-Baca (Universidad Autónoma de Chihuahua, Mexico), Carmen Romelia Flores-Morales (Universidad Autónoma de Chihuahua, Mexico), and Luis Raúl Sánchez-Acosta (Universidad Autónoma de Chihuahua, Mexico)
DOI: 10.4018/978-1-7998-7689-2.ch003
Abstract
The objective of this chapter is to provide a contextualized perspective about the effects of the COVID-19 health crisis for companies with economic activity and fixed installations in Mexico, mainly during the second to third phases of the contingency. For this purpose, data from the INEGI ECOVID-IE 2020 survey is analyzed, which used a sampling frame of 1,873,564 Mexican companies compared by size. Relevant information is provided about the reality of the Mexican business community to report the main sanitary measures implemented, the operational actions used, the sources and types of support received, the best support policies identified, and the income expectations for the following months. Faced with a negative scenario, targeted support strategies from governmental, chambers, and business organizations must be aligned to regain the confidence of the business community to support their continuity.
Full Text Chapter Download: US $37.50 Add to Cart
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Strategic Human Resource Management
Contingency perspective of strategic human resource management (SHRM) indicates that fit, interaction or alignment between human resource management (HRM) strategies and organizational strategy have a great effect on effective performance.
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