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SAM ADVANCED MANAGEMENT JOURNAL
The Effect of the COVID-19 Pandemic and the Recent Economic Crisis on Hiring and the Supply Chains of Southeastern U.S. Businesses
Dewey W. Todd, Craig A. Hill, Stan Blankenship, and Keith Miller
DOI:
Citation: Todd, D.W., Hill, C.A., Blankenship, S., & Millker, K. (2023). The Effect of the COVID-19 Pandemic and the Recent Economic Crisis on Hiring and the Supply Chains of Southeastern U.S. Businesses. SAM Advanced Management Journal, 88(1),3-22.
Abstract
This study examines the evolving effect on human resources (HR) and supply chain management of Southeastern U.S. businesses during the COVID-19 pandemic and the recent economic crisis. Studies have indicated that the firm’s hiring and supply chain activities are an essential part of coordination and collaboration within strategic decision-making. The effect on human resources and supply chain management is examined to document that relationship under the extreme environment forced upon businesses in day-to-day operations. The focus of this research is the understanding of human resource activities and supply chain activities before the pandemic (2019 and earlier), approximately 12 to 18 months later (2020 and 2021), and the effect of the current economic crisis (2022).
A structured questionnaire was used to obtain both qualitative and quantitative data. The data was analyzed using descriptive statistics. The results show a statistically significant negative effect on human resource hiring as a result of both events and likewise with the supply chain (both incoming products/materials/services and outgoing products/materials/services). In addition, the research team has evaluated cross-industry differences and similarities. Some industries have experienced more negative results than others, which is also exposed by survey responses. This research shows strong evidence that the pandemic has significantly affected corporate strategy as it relates to HR and Supply Chain Management, even while the businesses were striving to manage daily tactical decisions and crises.
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