Crisis Management For Small And Medium Sized Enterprises Smes

Author : Susanne Durst,Thomas Henschel
Publisher : Springer Nature
Page : 246 pages
File Size : 40,8 Mb
Release : 2022-03-19
Category : Business & Economics
ISBN : 9783030917272

Get Book

Crisis Management for Small and Medium-Sized Enterprises (SMEs) by Susanne Durst,Thomas Henschel Pdf

This book provides an in-depth introduction to crisis management and leadership in SMEs, as well as methods, approaches and cases against the background of different crises; external ones in particular. Featuring contributions from research and practice, this book covers a plethora of SMEs from different sectors to match the diverse nature of small business practice. The combination of a sound theoretical framework for small firm crisis management along with practical instruments/methods and cases, help to improve the organizational resilience of SMEs. The authors also guide the reader to resources beyond the book, including an online “Crisis Toolkit” comprised of material such as further publications, crisis management blueprints, guidelines, checklists, and company cases on crisis management-related issues.

Author : Etemad, Hamid
Publisher : Edward Elgar Publishing
Page : 456 pages
File Size : 53,6 Mb
Release : 2022-04-19
Category : Business & Economics
ISBN : 9781802205770

Get Book

Small and Medium Sized Enterprises and the COVID-19 Response by Etemad, Hamid Pdf

The international cast of authors in this important book explore how internationalizing small and medium sized enterprises (iSMEs) face major crises, such as COVID-19, and have managed them to reach a stable and desired state post-crisis. Chapter orientations vary from theoretical to empirical. Each focuses on issues related to a major crisis, and present already-deployed success strategies in 14 different country environments. The rich diversity of chapters offers a highly significant and timely contribution to the field.

Author : Toubes, Diego R.,Araújo-Vila, Noelia
Publisher : IGI Global
Page : 308 pages
File Size : 50,9 Mb
Release : 2021-05-21
Category : Business & Economics
ISBN : 9781799869986

Get Book

Risk, Crisis, and Disaster Management in Small and Medium-Sized Tourism Enterprises by Toubes, Diego R.,Araújo-Vila, Noelia Pdf

Tourism destinations are traditionally dominated by small and medium-sized enterprises that provide a wide range of products to tourists such as accommodation, travel services, transportation, recreation and entertainment, and food and beverage services. New knowledge and global risks have emerged, and small and medium-sized tourism enterprises (SMTEs) are now highly vulnerable. Recently, the COVID-19 pandemic has hit the whole world and caused a change in the tourism paradigm. Many SMTEs around the world have been severely affected by the need to completely shut down their activities for months, and expectations for recovery in the medium term are not optimistic. SMTEs do not have the capacity and increased resources—financial, human, operational—of large companies to prepare for crisis contingencies (planning) and respond to the challenges they face. They simply do not have the resources or knowledge for risk analysis and the creation of crisis teams or plans. This is an area of growing importance and concern, both in the public and private sectors, where specific research and more in-depth knowledge are needed. Risk, Crisis, and Disaster Management in Small and Medium-Sized Tourism Enterprises connects research in the field of crisis management with the risks affecting small and medium-sized tourism enterprises. The book presents prevailing research on SME-related planning, response, and recovery during crisis situations, further propelling much-needed literature on these challenges in today’s tourism industry. The chapters cover important topics such as terrorism threats, disaster management, resilient strategies, pandemic management, and risk analysis. The target audience of this book will be composed of professionals working in the tourism and hospitality industries, restaurateurs, travel agencies, hotel executives, directors, managers, crisis and risk planners, policymakers, government officials, researchers, and academicians who are interested in the threats to tourism businesses and how small and medium-sized enterprises can manage and navigate these risks.

Author : Susanne Durst
Publisher : Springer Nature
Page : 352 pages
File Size : 50,7 Mb
Release : 2024-06-29
Category : Electronic
ISBN : 9783031508363

Get Book

Small and Medium-Sized Enterprise (SME) Resilience by Susanne Durst Pdf

Author : Hamid Etemad
Publisher : Edward Elgar Publishing
Page : 464 pages
File Size : 55,8 Mb
Release : 2022-04-12
Category : Electronic
ISBN : 1802205764

Get Book

Small and Medium Sized Enterprises and the COVID-19 Response by Hamid Etemad Pdf

The international cast of authors in this important book explore how internationalizing small and medium sized enterprises (iSMEs) face major crises, such as COVID-19, and have managed them to reach a stable and desired state post-crisis. Chapter orientations vary from theoretical to empirical. Each focuses on issues related to a major crisis, and present already-deployed success strategies in 14 different country environments. The rich diversity of chapters offers a highly significant and timely contribution to the field. This book consists of five parts. An introduction to the volume and an extensive literature review open the book and are followed in Part II by general, yet critical, topics such as firm capabilities, resources and orientations, which collectively influence how smaller firms perceive emerging, approaching or unfolding crises in their environments and how the national public policy as well as the evolution of the crisis affects them. Part III extends this discussion to look at digitization and 'servitization' for higher customer and market-orientation, supply chains and overall governance. Specific research-based examples of strategies fill out Part IV and the final part offers a view beyond the current crisis. Scholars and students in entrepreneurship, international business and other related areas will find this very timely volume illuminating.

Author : Stephens, Simon
Publisher : IGI Global
Page : 297 pages
File Size : 42,9 Mb
Release : 2021-06-25
Category : Business & Economics
ISBN : 9781799876595

Get Book

Cases on Small Business Economics and Development During Economic Crises by Stephens, Simon Pdf

Oftentimes, the owners and entrepreneurs whose small businesses are undergoing financial problems suffer high emotional costs. These individuals can experience significant setbacks in their entrepreneurial journeys as well as depression and other negative emotions from the stress of crisis episodes. However, businesses that are in crisis also provide valuable learning opportunities for adapting and changing in order to successfully face future challenging situations. Cases on Small Business Economics and Development During Economic Crises presents a diverse range of perspectives and insights into global developments in entrepreneurship and captures a diverse collection of methodologies and outcomes from various countries in the realm of small business economics and their development. Including case studies that discuss the COVID-19 pandemic, risk management, and entrepreneurial resiliency, this case book serves as an excellent companion for entrepreneurs, small business owners, managers, executives, economists, business professionals, academicians, students, and researchers.

Author : Simon A. Booth
Publisher : Routledge
Page : 326 pages
File Size : 54,6 Mb
Release : 2015-09-25
Category : Business & Economics
ISBN : 9781317292722

Get Book

Crisis Management Strategy by Simon A. Booth Pdf

Crisis Management Strategy, first published in 1993, is an excellent introduction to the theory and practice of crisis management in modern enterprises. Simon Booth examines the conventional approaches followed by many firms in the face of change and crisis. He warns of the dangers of theories which oversimplify the causes of crisis and their possible solutions, and which overlook the individual nature of each firm and its environment. Instead, a dynamic new vision of crisis management is offered, which takes into account different kinds of crisis demanding diverse solutions. The key role of leadership is also evaluated in relation to both internally and externally generated crises. Drawing on case studies of leading firms facing crisis solutions in a variety of environments, this truly international volume will provide valuable insight into the experience of crisis, risk and uncertainty. This title will be of interest to students of business.

Author : M. Aba-Bulgu,Sardar M. N. Islam
Publisher : Elsevier Science Limited
Page : 382 pages
File Size : 40,6 Mb
Release : 2006-10-06
Category : Business & Economics
ISBN : 0080451020

Get Book

Corporate Crisis and Risk Management by M. Aba-Bulgu,Sardar M. N. Islam Pdf

Presents the theoretical background to risk and corporate crisis management and offers useful methods and techniques applicable to small and medium sized enterprises in the event of disastrous situations such as fire, flood, storm, etc. This book deals with topics such as globalization, international business negotiations, and others.

Author : Sukanlaya Sawang
Publisher : Unknown
Page : 0 pages
File Size : 47,6 Mb
Release : 2023
Category : Electronic
ISBN : 303125189X

Get Book

Entrepreneurial Crisis Management by Sukanlaya Sawang Pdf

This book explores the timely issue of how small businesses, micro firms and entrepreneurs respond to crises. A largely overlooked area of research, the author posits that by better understanding crisis management in small and micro firms, we can help to protect these businesses from the potentially devastating effects of a crisis. Offering guidance for scholars and practitioners, including small business owners, to better understand the concept, limitations and considerations of crisis management - specifically in the small business context - the author demonstrates that there is no single solution for a small business to cope with a crisis. Drawing from the thematic findings, the author offers valuable recommendations on how small business owners can strategically plan for the future and better manage their capability when faced with a crisis. Sukanlaya Sawang is a research Professor of Innovation and Entrepreneurship at Coventry University, UK, and has been appointed as the Associate Dean at the Faculty of Business and Law. Prior to joining Coventry University, Professor Sawang was a Reader and the Director of Research Internationalisation at the University of Leicester, and the Director of Research at the International Centre for Transformational Entrepreneurship, Coventry University. She is also an adjunct Professor at the QUT Business School at Queensland University of Technology, Australia and Chulalongkorn University, Thailand. Sukanlaya received a number of research awards and actively engages with the research community for example, she is Editor-in-Chief for Behavioral Sciences, as well as Associate Editor for Frontiers in Psychology and BMC Psychology. In addition, she supervises and serves on PhD panels and examinations and leads Special Interest Groups at international conferences.

Author : Daria Holovko,Lamberto Zollo
Publisher : Emerald Group Publishing
Page : 98 pages
File Size : 49,6 Mb
Release : 2024-05-27
Category : Business & Economics
ISBN : 9781837976836

Get Book

Digitalization as a Strategic Tool for Entrepreneurship Survival and Crisis Management by Daria Holovko,Lamberto Zollo Pdf

The ongoing socio-economic situation in Ukraine is being scrutinized in real-time, providing a distinctive opportunity in this volume to analyze its impact on entrepreneurs’ behavior during their efforts to stabilize businesses and the predominant challenges that most MSEs confront.

Author : Candice Lim
Publisher : GRIN Verlag
Page : 61 pages
File Size : 50,5 Mb
Release : 2010
Category : Electronic
ISBN : 9783640595068

Get Book

Risk Management in Small-medium Enterprises (SMEs) by Candice Lim Pdf

Research Paper (postgraduate) from the year 2010 in the subject Business economics - Operations Research, grade: A14, University of Wolverhampton, language: English, abstract: This paper is proposing to research the influence of risk management on the financial performance of small-medium-sized enterprise (SME) in West Midlands, UK. SMEs expose many risks in their ordinary course of business, such as interest rate risk and foreign exchange risk, natural disasters and so on, that could minimize their profit by increasing their financial loss. This paper shows that how could SMEs reduce its financial loss from risk exposure by having proper risk management tools in place, by interviewing the SMEs' risk managers. The interview generally focuses on the risk management process in SMEs accompany with their annual spending on it, and examines how these risk managements in company are used to overcome the risks. In addition, different perspectives on the impacts of the risk management to company's financial performance, research methodology, research limitations, and research timescale are discussed and presented.

Author : Baporikar, Neeta
Publisher : IGI Global
Page : 676 pages
File Size : 54,8 Mb
Release : 2021-02-05
Category : Business & Economics
ISBN : 9781799866343

Get Book

Handbook of Research on Sustaining SMEs and Entrepreneurial Innovation in the Post-COVID-19 Era by Baporikar, Neeta Pdf

A multidimensional approach to entrepreneurship, especially in the post-COVID-19 era, will have an important influence on the state of business and government, especially when considering the effects of technological development, innovation, glocalization, and nationalization policies that need to be adopted for inclusive sustainable growth, as well as the enhanced and efficient utilization of global resources. That means there is likely to be a shift in how entrepreneurship development and entrepreneurial opportunities will be perceived, developed, and resourced. The question is how to sustain SMEs and entrepreneurial innovation in the post-COVID-19 era. Thus, comprehensive research and knowledge on designing policies and approaches to ensure the sustainability of SMEs and entrepreneurial innovation in post-pandemic times are essential to sustain, stimulate, and foster SMEs, entrepreneurship, and entrepreneurial innovations. The Handbook of Research on Sustaining SMEs and Entrepreneurial Innovation in the Post-COVID-19 Era provides research dedicated to entrepreneurship with a special emphasis on the sustainability of SMEs and entrepreneurial innovations in the post-COVID-19 era. It provides discussion and the exchange of information on principles, strategies, models, techniques, methodologies, and applications of entrepreneurship in the post-COVID-19 era in the field of public and private organizations. The chapters communicate the latest developments and thinking on the entrepreneurship subject worldwide by drawing on the latest developments, ideas, research, and best practice to examine the implications of the changes taking place due to COVID-19. This book is ideally intended for entrepreneurs, global organizations, small and medium-sized enterprises, managers, executives, government officials, policymakers, researchers, academicians, and students who are interested in learning about, designing, or implementing policies that are more effective in the post-pandemic era.

Author : Ethné Swartz,Dominic Elliott
Publisher : Routledge
Page : 483 pages
File Size : 45,9 Mb
Release : 2010-03-26
Category : Business & Economics
ISBN : 9781134196876

Get Book

Business Continuity Management by Ethné Swartz,Dominic Elliott Pdf

Since the publication of the first edition in 2002, interest in crisis management has been fuelled by a number of events, including 9/11. The first edition of this text was praised for its rigorous yet logical approach, and this is continued in the second edition, which provides a well-researched, theoretically robust approach to the topic combined with empirical research in continuity management. New chapters are included on digital resilience and principles of risk management for business continuity. All chapters are revised and updated with particular attention being paid to the impact on smaller companies. New cases include: South Africa Bank, Lego, Morgan Stanley Dean Witter; small companies impacted by 9/11; and the New York City power outage of August 2003.

Author : Webb, Heather C.,Al Numairy, Hussain
Publisher : IGI Global
Page : 303 pages
File Size : 46,6 Mb
Release : 2022-03-04
Category : Business & Economics
ISBN : 9781799883487

Get Book

External Events and Crises That Impact Firms and Other Entities by Webb, Heather C.,Al Numairy, Hussain Pdf

Historically, academicians and practitioners have developed various management methodologies and technologies to help business managers deal with challenges in their environments, yet many businesses fail. Thus, these challenges need to be researched closely to overcome business failure. Many of these challenges are external events in which firms must adapt and react. Getting the right adaptation and reaction to these external events depend on whether a firm continues a trend of success or failure. Many companies fail due to their inability to properly respond to crises, whether they be business or organizational crises. External Events and Crises That Impact Firms and Other Entities showcases the resulting impact of external events such as environmental or health crises on businesses and educational entities. It identifies the strategies businesses use to react to unexpected crises. Covering topics such as financial technology, worker support, and small and medium-sized enterprises, this premier reference source is an excellent resource for business leaders, practitioners, government officials, students and educators of higher education, libraries, researchers, and academicians.

Author : Sukanlaya Sawang
Publisher : Springer Nature
Page : 79 pages
File Size : 54,9 Mb
Release : 2023-03-29
Category : Business & Economics
ISBN : 9783031251887

Get Book

Entrepreneurial Crisis Management by Sukanlaya Sawang Pdf

​This book explores the timely issue of how small businesses, micro firms and entrepreneurs respond to crises. A largely overlooked area of research, the author posits that by better understanding crisis management in small and micro firms, we can help to protect these businesses from the potentially devastating effects of a crisis. Offering guidance for scholars and practitioners, including small business owners, to better understand the concept, limitations and considerations of crisis management - specifically in the small business context - the author demonstrates that there is no single solution for a small business to cope with a crisis. Drawing from the thematic findings, the author offers valuable recommendations on how small business owners can strategically plan for the future and better manage their capability when faced with a crisis.