Facing the global economic crisis: the case of Swedish heavy vehicle subcontractors Online publication date: Fri, 13-Mar-2015
by Robert Radway, Andreas Helmersson, Anders Melander
International Journal of Automotive Technology and Management (IJATM), Vol. 11, No. 3, 2011
Abstract: This paper investigates organisational responses to the 2008 economic crisis within a group of seven subcontractors in the Swedish heavy vehicle industry. Although the firms had similar exposures to the crisis their performances varied extensively. One year after the crisis began, some firms were still encountering financial problems, yet others had orchestrated a recovery that was generating healthy cash flows. Evaluation of in-depth interviews with key organisational members and standardised financial indicators suggests that the subcontractors' performances in the crisis were determined by their ability to attain and evaluate 'deep knowledge' from stakeholders and 'wide knowledge' from other external actors. Findings demonstrate how subcontractors' performances in an economic crisis are related to the implementation of dynamic capabilities and indicate how existing research on crisis management can be extended.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Automotive Technology and Management (IJATM):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook