Impact of the Covid-19 pandemic on company management in Finland
Cai, Li (2022)
Cai, Li
2022
All rights reserved. This publication is copyrighted. You may download, display and print it for Your own personal use. Commercial use is prohibited.
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2022120225797
https://urn.fi/URN:NBN:fi:amk-2022120225797
Tiivistelmä
The study analyses the pros and cons in executive management strategies of Finnish companies during the COVID-19 pandemic. Most companies choose “Work From Home” mode as an integral business model, which may possess long-term strategic impact. Therefore, how Finnish companies face this adversity that the pandemic has brought, and what strategies they have and will apply are to be discussed in this research.
This study focuses on senior level executive management teams and human resource roles in Finnish companies. It emphasizes how the executive management teams and human resource roles work with the employees to face adversities during the pandemic. The purpose of this study is to provide a time-limited guidance for executive teams to deal with the post-pandemic leadership styles of management. This study also emphasizes how HR managers and executive management teams rethink the situation and bring strategies into practices for employees in the work environment after the COVID-19 pandemic.
The theoretical part of this study is the background explaining employees’ working life of Finnish companies during the COVID-19 pandemic. The theoretical part is based on relevant studies on the impact of the COVID-19 pandemic in the workplace regarding management.
This study applies qualitative approaches, with data generated by conducting questionnaire interviews with open questions. Twenty-five senior employees, including a majority of senior managers or heads of companies, participated in the survey. The purpose of the questionnaires is to bring beneficial guidance and solutions on management-relevant strategies for Finnish companies during and after the COVID-19 pandemic.
The results show the impacts of pandemic on all aspects of management, and how these impacts will persist during the post-pandemic era. Finnish companies or even non-commercial organizations may benefit from the findings in the thesis. The pandemic has had a tremendous influence on business globally. The thesis, through deep analysis of the influence on company management, delivers beneficial guidance regarding the potentially beneficial adjustment.
This study focuses on senior level executive management teams and human resource roles in Finnish companies. It emphasizes how the executive management teams and human resource roles work with the employees to face adversities during the pandemic. The purpose of this study is to provide a time-limited guidance for executive teams to deal with the post-pandemic leadership styles of management. This study also emphasizes how HR managers and executive management teams rethink the situation and bring strategies into practices for employees in the work environment after the COVID-19 pandemic.
The theoretical part of this study is the background explaining employees’ working life of Finnish companies during the COVID-19 pandemic. The theoretical part is based on relevant studies on the impact of the COVID-19 pandemic in the workplace regarding management.
This study applies qualitative approaches, with data generated by conducting questionnaire interviews with open questions. Twenty-five senior employees, including a majority of senior managers or heads of companies, participated in the survey. The purpose of the questionnaires is to bring beneficial guidance and solutions on management-relevant strategies for Finnish companies during and after the COVID-19 pandemic.
The results show the impacts of pandemic on all aspects of management, and how these impacts will persist during the post-pandemic era. Finnish companies or even non-commercial organizations may benefit from the findings in the thesis. The pandemic has had a tremendous influence on business globally. The thesis, through deep analysis of the influence on company management, delivers beneficial guidance regarding the potentially beneficial adjustment.