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Agility and Resilience in Social Enterprises - A Case Study Approach


Affiliations
1 Assistant Professor, Department of Management, The Bhopal School of Social Sciences, Hoshangabad Road, Near, Habibganj Naka, Opposite, Bhopal – 462024, Madhya Pradesh, India
 

Covid-19 exposed various existing business organizations and start-ups to sustenance risk. The dynamics of the business environment changed drastically at an unprecedented rate wherein resilient organizations survived the blow. There is an increased need of exploring new dimensions of business models which serve the socio-economic motive for communal development thinking beyond profits but are agile to adopt latest technology and innovations serving the bottom of the pyramid. The study exhibits the resilience and agility of social enterprises during current challenging times of pandemic Covid-19 through a case study approach. The research throws light on actions and strategies adopted by social enterprises working in the handloom sector of central India for supporting the marginalized community with short term and longterm strategic measures discussing the challenges faced by three social enterprises (handlooms). It also discusses the strategic importance of social entrepreneurship in developing economies in such challenging times to provide sustainable value creation and social upliftment.

Keywords

Agility, Covid-19, Resilience, Social Enterprises.
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  • Agility and Resilience in Social Enterprises - A Case Study Approach

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Authors

Namrata Kishnani
Assistant Professor, Department of Management, The Bhopal School of Social Sciences, Hoshangabad Road, Near, Habibganj Naka, Opposite, Bhopal – 462024, Madhya Pradesh, India

Abstract


Covid-19 exposed various existing business organizations and start-ups to sustenance risk. The dynamics of the business environment changed drastically at an unprecedented rate wherein resilient organizations survived the blow. There is an increased need of exploring new dimensions of business models which serve the socio-economic motive for communal development thinking beyond profits but are agile to adopt latest technology and innovations serving the bottom of the pyramid. The study exhibits the resilience and agility of social enterprises during current challenging times of pandemic Covid-19 through a case study approach. The research throws light on actions and strategies adopted by social enterprises working in the handloom sector of central India for supporting the marginalized community with short term and longterm strategic measures discussing the challenges faced by three social enterprises (handlooms). It also discusses the strategic importance of social entrepreneurship in developing economies in such challenging times to provide sustainable value creation and social upliftment.

Keywords


Agility, Covid-19, Resilience, Social Enterprises.

References





DOI: https://doi.org/10.53739/samvad%2F2021%2Fv23%2F166568