Agility and Resilience in Social Enterprises - A Case Study Approach

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.

Effects of the pandemic crisis on social enterprise: A case study from Georgia

“…These study results are in line with the survey conducted by Borzaga and Tallarini (2021) that confirmed the ability of social enterprises to respond to the crisis with flexibility and see opportunities in emerging social needs. Social entrepreneurs learned from a negative event and started thinking of transformation (Borzaga, & Tallarini, 2021;Kishnani, 2022;Aisaiti et a., 2021;Bhardwaj & Srivastava, 2021). Furthermore, our study results conform with findings of Loukopoulos and Papadimitriou (2021) that the Greek social enterprises applied different approaches to respond to the challenges and enhance their social impact as an opportunity.…”