Creating resilient SMEs:why one size might not fit all

Abstract

This article is a first step towards addressing a gap in the field of organisational resilience research by examining how small and medium enterprises (SME) manage the threat and actuality of extreme events. Pilot research found that the managerial framing of extreme events varied by a range of organisational factors. This finding informed further examination of the contextual nature of the resilience concept. To date, large organisations have been the traditional focus of empirical work and theorising in this area; yet the heterogeneous SME sector makes up approximately 99% of UK industry and routinely operates under conditions of uncertainty. In a comparative study examining UK organisational resilience, it emerged that SME participants had both a distinctive perspective and approach to resilience when compared to participants from larger organisations. This article presents a subset of data from 11 SME decision-makers. The relationship between resilience capabilities, such as flexibility and adaptation, is interrogated in relation to organisational size. The data suggest limitations of applying a one-size-fits-all organisation solution (managerial or policy) to creating resilience. This study forms the basis for survey work examining the extent to which resilience is an organisationally contingent concept in practice.

Publication DOI: https://doi.org/10.1080/00207543.2011.563837
Divisions: Aston Business School > Economics, Finance & Entrepreneurship
Aston Business School
Uncontrolled Keywords: extreme events,strategic uncertainty,SME,organisational resilience
Full Text Link: http://wrap.war ... 12_10_final.pdf
Related URLs: http://www.tand ... 543.2011.563837 (Publisher URL)
PURE Output Type: Article
Published Date: 2011
Published Online Date: 2011-04-19
Authors: Sullivan-Taylor, Bridgette ( 0000-0003-0486-807X)
Branicki, Layla

Export / Share Citation


Statistics

Additional statistics for this record