STRATEGIC AGILITY OR RESILIENCE: WHAT SHOULD SMES FOCUS ON DURING THE CRISIS?

Robert Papla, Dana Yeltayeva, Dmitriy Pak

2022

Full text Open access: Hybrid Metadata (CSL-JSON)

DOI 10.51582/interconf.19-20.01.2022.007

Data confidence 70 medium

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Abstract

The article provides an outline for the utilization of strategic agility and resilience practices as part of the crisis management in small and medium enterprises (SMEs). The nature of strategic agility and organizational resilience are analysed from the comparative perspective. The importance of strategic agility and entrepreneurial resilience as the reaction to crisis are considered and evaluated. It was found that both aspects are highly crucial for successful overcoming of the crisis situation, with each of the case should be considered individually.