Crisis Management in HRM

Abstract

The role of HR in the modern-day corporate world has changed significantly to accommodate various developments and needs in the workplace. HR involvement in crisis management is one of a such development, and this has led to the HR taking an active role in planning and training for crisis management. This Thesis is focused on an actual topic, both in Cyprus and in the rest of the world, which is the crisis. Therefore, it is analyzed how the old and the present crisis are influencing the organizations to the point of being implemented certain measures in the level of the human resources management (HRM). It is intended to understand how those measures taken at the level of the HRM, especially in terms of recruitment and selection, training, performance evaluation, rewarding system and work design affect the employees in different levels, such as acquisition of new competencies, power of initiative, and above all, in terms of their motivation. This study helps to understand how these measures affect the employees, which is the main focus of it, and, as a consequence, if the organization’s productivity will be affected or not. The HR provides skills and knowledge necessary in ensuring that employees can contribute to the organization’s sustainability by participating in the crisis management process. This Study explores the HR’s role for crisis management.