Where the greatest harm is done to the firm and its stakeholders, including employees, management, investors, customers, suppliers, the local community, and even government regulators.
Published in Chapter:
Crises in Agriculture: Concepts, Responses, and Recovery Strategies
Anastasiia Sliusarenko (ISCAP, Polytechnic Institute of Porto, Portugal) and Oscar Bernardes (ISCAP, Polytechnic Institute of Porto, Portugal)
Copyright: © 2022
|Pages: 18
DOI: 10.4018/978-1-7998-9557-2.ch005
Abstract
COVID-19 is a pandemic of the 21st century, a disease that shook the world and altered the lives of entire communities. Due to the enormous negative influence on the economy, it permanently alters the way an organization operates, leading businesses to develop crisis management techniques and implement new innovative practices. Agriculture is no exception. Given the sector's constant growth, which is not only due to population growth but also to continuous lifestyle changes, it is critical to implement recovery plans at the organizational and government levels. Thus, this chapter provides an overview of crisis management, including its key characteristics and framework; analyzes the importance of innovation in the agricultural sector; provides an overview of the agricultural sector; examines the impact of the pandemic on this sector and some recovery strategies; and examines the attitude of agricultural professionals toward the COVID-19 crisis.