China Private Enterprise Crisis Management Studies

The Enterprise Crisis Management has already become a popular research realm of numerous scholars. Its essence lies in how to identify and guard against the occurrence of crisis before it comes, and how to manage it and convert it into the opportunity of enterprise development when it has come.In the process of the development of Privately-owned Enterprises (POE), crisis arises because they do not agree with the continuous change of their outer environments and inner conditions which is the root of POE crises. This research primarily covers such areas: to understand deeply the mechanism of crises in view of the indefinite, dynamic and complex nature of both outer and inner changes of POEs; to set up the index system affecting the occurrence of POE crises and define each index with layer analysis approach; to identify the state and evaluate the tendency of POE crises and diagnose the factors resulting in crises; to summarize the strategies of POE crisis management in accordance with the characteristics of POE crises.With the Enterprise Crisis Management Theory as the foundation, this research manages to divide the theory into three schools of thought according to its nature and feature: the Process School, the Technology School and the Function School of the Enterprise Crisis Management. When commenting on the three schools of thought we find that these Enterprise Crisis Management Theories lack a systematic study of the mechanism of POE crises. Only after we fully understand their mechanism can we touch the root of the crises, which is the basis for managing POE crises.While our POEs share the characteristics of general enterprises, they also have their own particularities. Only by analyzing thoroughly their characteristics can we effectively catch hold of the mechanism of how POE crises take place. The external environment and the internal conditions of enterprises are two major factors that affect the occurrence of enterprise crises. The mechanism of the enterprise crisis can be...