Global economic crisis: Employee responses and practical implications for organizations

The global economic crisis of 2008 created rapid social and economic change which shook the foundations of major economies and demanded immediate response; both organizations and employees had to adapt. This study, which formed the basis for this paper, was conducted in Western Australia with the ai...

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Main Authors: Naude, Marita, Dickie, Carolyn, Butler, Bella
Format: Journal Article
Published: Organization Development Institute 2012
Online Access:http://hdl.handle.net/20.500.11937/6377
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author Naude, Marita
Dickie, Carolyn
Butler, Bella
author_facet Naude, Marita
Dickie, Carolyn
Butler, Bella
author_sort Naude, Marita
building Curtin Institutional Repository
collection Online Access
description The global economic crisis of 2008 created rapid social and economic change which shook the foundations of major economies and demanded immediate response; both organizations and employees had to adapt. This study, which formed the basis for this paper, was conducted in Western Australia with the aim of discovering how employees responded to the changed work environment and how organizations managed employee responses. A single case design was used and key findings suggest that organizations responded to the economic crisis through a range of human resource management changes. Employees experienced a range of responses from limited to major uncertainty and voiced both negative and positive responses regarding the way in which their organization responded. As a practical contribution, the authors offer guidelines based on the change model by Kotter (2007) that could be used by organizations facing similar situations.
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spelling curtin-20.500.11937-63772017-01-30T10:52:39Z Global economic crisis: Employee responses and practical implications for organizations Naude, Marita Dickie, Carolyn Butler, Bella The global economic crisis of 2008 created rapid social and economic change which shook the foundations of major economies and demanded immediate response; both organizations and employees had to adapt. This study, which formed the basis for this paper, was conducted in Western Australia with the aim of discovering how employees responded to the changed work environment and how organizations managed employee responses. A single case design was used and key findings suggest that organizations responded to the economic crisis through a range of human resource management changes. Employees experienced a range of responses from limited to major uncertainty and voiced both negative and positive responses regarding the way in which their organization responded. As a practical contribution, the authors offer guidelines based on the change model by Kotter (2007) that could be used by organizations facing similar situations. 2012 Journal Article http://hdl.handle.net/20.500.11937/6377 Organization Development Institute restricted
spellingShingle Naude, Marita
Dickie, Carolyn
Butler, Bella
Global economic crisis: Employee responses and practical implications for organizations
title Global economic crisis: Employee responses and practical implications for organizations
title_full Global economic crisis: Employee responses and practical implications for organizations
title_fullStr Global economic crisis: Employee responses and practical implications for organizations
title_full_unstemmed Global economic crisis: Employee responses and practical implications for organizations
title_short Global economic crisis: Employee responses and practical implications for organizations
title_sort global economic crisis: employee responses and practical implications for organizations
url http://hdl.handle.net/20.500.11937/6377