The Impact of Financial Changes on Organizational Performance and Its Strategies

سال انتشار: 1403
نوع سند: مقاله ژورنالی
زبان: فارسی
مشاهده: 129

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JR_EMA-10-3_006

تاریخ نمایه سازی: 22 دی 1403

چکیده مقاله:

Financial changes are recognized as one of the key factors in determining the performance of organizations. These changes can arise from economic fluctuations, interest rate changes, or even government fiscal policies. When an organization faces financial changes, it is often compelled to reassess its strategies. For instance, a decrease in revenue may lead to workforce adjustments, cost-cutting measures, or even changes in the organizational structure. In such circumstances, an organization's ability to adapt to these changes and make informed decisions can play a crucial role in its survival. On the other hand, financial changes can also present opportunities for innovation and performance improvement for organizations. Organizations that can effectively leverage their financial resources and implement development strategies can gain a competitive edge in the market. For example, the use of modern technologies and process optimization can lead to cost reductions and increased productivity. Ultimately, a strategic and flexible approach to financial changes can help organizations not only navigate crises but also achieve greater successes.

نویسندگان

Bardia Ali Mohammadi

Doctoral Student of Entrepreneurship at Tehran University, Kish Campus

Zahra Khayam Haghighi

Khorasgan Azad University, Esfahan, Iran

Luqman Abbasi

Graduated from Master of Rural Development at Gorgan University of Agricultural Sciences and Natural Resources

Masoume Laghaei Tabar

PhD in Strategic Management, Gilan University