Economic Risk-Responsive Organizational Change Management

Economic risk management is an essential dimension of strategic and organizational development, providing the tools to identify, quantify and mitigate uncertainties that threaten business objectives. This paper explores how external market volatility and internal operational dynamics shape the choice and effectiveness of change-management philosophies. Through a systematic review of risk-analysis frameworks, we demonstrate how aligning risk profiles with an enterprise’s resources, capabilities and economic goals leads to tailored action plans that minimize negative impacts and capitalize on emerging opportunities. We examine the interplay between corporate strategy, organizational culture, size and partnership networks, showing how these factors influence the success of development initiatives. Drawing on diagnostic insights, the study proposes an optimized set of organizational-development objectives designed to enhance resilience and facilitate sustainable change. Our findings offer a practical roadmap for decision-makers seeking to integrate economic risk considerations into every stage of change-management implementation.

Authors

Publication Details

Journal
Interdisciplinary Journal of Labor and Economics
Published
2025-04-24
DOI
https://doi.org/10.62693/z4vvxc05
Primary Topic
Business and Economic Development
Type
article
Field-Weighted Citation Impact
0.00
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article

Economic Risk-Responsive Organizational Change Management

Tamás Kozák
Interdisciplinary Journal of Labor and Economics
Business and Economic Development
article

Economic Risk-Responsive Organizational Change Management

Tamás Kozák
article en

Abstract

Economic risk management is an essential dimension of strategic and organizational development, providing the tools to identify, quantify and mitigate uncertainties that threaten business objectives. This paper explores how external market volatility and internal operational dynamics shape the choice and effectiveness of change-management philosophies. Through a systematic review of risk-analysis frameworks, we demonstrate how aligning risk profiles with an enterprise’s resources, capabilities and economic goals leads to tailored action plans that minimize negative impacts and capitalize on emerging opportunities. We examine the interplay between corporate strategy, organizational culture, size and partnership networks, showing how these factors influence the success of development initiatives. Drawing on diagnostic insights, the study proposes an optimized set of organizational-development objectives designed to enhance resilience and facilitate sustainable change. Our findings offer a practical roadmap for decision-makers seeking to integrate economic risk considerations into every stage of change-management implementation.

Interdisciplinary Journal of Labor and EconomicsVol. 15(1)
Openalex Percentile: Top 88%
Business and Economic Development
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