Entrepreneurial crisis management : how small and micro-firms prepare for and respond to crises / Sukanlaya Sawang.
Sawang, Sukanlaya.
2023
HD49
Available Online

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Title Entrepreneurial crisis management : how small and micro-firms prepare for and respond to crises / Sukanlaya Sawang.
Author Sawang, Sukanlaya.
ISBN 9783031251887 (electronic bk.)
3031251881 (electronic bk.)
3031251873
9783031251870
DOI https://doi.org/10.1007/978-3-031-25188-7
Imprint Cham, Switzerland : Palgrave Macmillan, 2023.
Language English
Description 1 online resource
Other Standard Identifiers 10.1007/978-3-031-25188-7 doi
Call Number HD49
Dewey Decimal Classification 658.4056
Summary 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.
Note Includes index.
Access Note Access limited to authorized users.
Source of Description Description based on print version record.
Available in Other Form Print version: 9783031251870
Entrepreneurial crisis management
Linked Resources Online Access
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Intro
Preface
Contents
1: Understanding Crisis Management in Modern Societies
1 Defining Crisis
2 Crisis Stages: Individual Perspective
3 Crisis Stages: Organizational Perspective
4 Crisis Level and Organizational Impacts
5 Multidisciplinary View on Crisis
5.1 Crisis from a Psychological Perspective
5.2 Crisis from a Social-Political Perspective
5.3 Crisis from a Technological-Structural Perspective
6 Organizational Sensemaking of Crisis
7 The Role of Culture on Sensemaking of Crisis
8 Conclusion
References

2: Crisis Management and Small Businesses
1 Small Businesses Are More Vulnerable to Crises
2 Crisis Sensemaking Among Small Businesses
3 How Do Small Businesses Respond on Natural Crisis?
4 Social Capital as a Resource for Managing Crisis
4.1 Cognitive Social Capital
4.2 Accessing Social Capital for Small Businesses
5 Small Businesses' Business Continuity Management
5.1 Strategizing Business Continuity Planning
5.2 Pitfalls in Developing a Business Continuity Planning Strategy
6 Conclusion
References
3: COVID-19 and Small Businesses Responses

1 COVID-19 Impact on Small Businesses
2 Small Businesses Resilience
3 Factors Contribute to Small Business Resilience
3.1 Diversification
3.2 Financial Resources
3.3 Business Agility Competency
3.4 Government Support
3.5 Entrepreneurial Well-being
4 Conclusion
References
4: Forward Looking
1 Responding Now and Preparing for the Future
2 Communicating with Relevant Stakeholders
3 Maintaining Sanity
4 Conclusion
References
Index

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