| dc.description.abstract | This thesis looks at how small and medium-sized enterprises might create resilience and prepare for future disasters. The research question is, "How can SMEs build resilience and prepare for future crises?" In recent years, the business environment has seen a few crises, ranging from economic downturns to worldwide pandemics, all of which have had an influence on SMEs. It has become increasingly important for these organizations to develop strategies and capabilities that enable them to navigate and withstand such challenges.
The goal of this study is to discover and examine effective techniques for improving SMEs' resilience in the event of future crises. A qualitative research approach will be used to accomplish this. Semi structured interviews with SMEs' owners and managers will be conducted. The conceptual framework will be based on current literature on organizational resilience and crisis management. This framework will provide a foundation for understanding the key components of resilience as well as some of the techniques that SMEs may use to successfully prepare for future crises.
The findings of this research should hopefully add to the academic literature and have practical implications for SMEs. This research will provide some help for SMEs aiming to improve their resilience capabilities by identifying some effective practices and methods. Overall, the purpose of this thesis is to give some useful insights on how SMEs might develop resilience and prepare for future crises. Understanding the elements that contribute to resilience and experimenting with successful techniques may help SMEs improve their capacity to endure and recover from crises, resulting in long-term success and sustainability. | |
