INTERDEPENDENCE BETWEEN LONG-TERM AND SHORT-TERM DECISIONS IN CRISIS MANAGEMENT

This paper focuses on important issues related to the interdependence between long-term and short-term decisions in crisis management. On the one hand, long-term decisions are the starting point for making the respective short-term ones. On the other hand, there are reciprocal dependencies related to altering long-term decisions on the basis of already made short-term decisions, their efficiency, changes in the environment etc. Along with that the synchronization of various types of organizational goals is a key objective.