Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

JPM presentation Literature Review Report Launch slide deck 05.07.18

1,003 views

Published on

Presentation at the Building Better Business Resilience Literature Review Report Launch event held at the Shard. 05.0702018

Published in: Business
  • Be the first to comment

JPM presentation Literature Review Report Launch slide deck 05.07.18

  1. 1. Building Better Business Resilience: Literature Review Report Launch Event and Drinks Reception Funded by Project Collaborators:
  2. 2. Understanding resilience in SMEs – a review of existing research Maria Wishart, Research Fellow, Enterprise Research Centre and Stephen Roper, Director, Enterprise Research Centre
  3. 3. What is business resilience? • A strategic objective intended to help an organisation survive and prosper. A highly resilient organisation is more adaptive, competitive, agile and robust than less resilient organisations and rebounds from adversity strengthened and more resourceful • Most research on business resilience research focuses on: – Employees – Business models – Anticipating preventing and responding to shocks • Large organisation focus, and assumption that findings are translatable to SMEs
  4. 4. SME resilience research Three main streams: • SME characteristics and capabilities – Planning abilities, resource constraints • SME leader resilience, and the link with organisation resilience – Resilient leaders foster resilient SMEs • Interventions to improve SME resilience – Organisational development & learning programmes, team building, developing resilient communities
  5. 5. SME resilience research – key conclusions • An emergent research area. • Main focus on SME characteristics and leader resilience. • SME capabilities characterised as detrimental to their resilience. • Leader seen as a resource to underpin the business’s resilience. • Limited research into interventions for resilience in SMEs, more needed. • Gaps in the research which merit further investigation: – contextual aspects of SME that may influence their resilience, – the connection between SME resilience and SME location.
  6. 6. Entrepreneurship among under-represented groups – a review of existing research Maria Wishart, Research Fellow, Enterprise Research Centre and Stephen Roper, Director, Enterprise Research Centre
  7. 7. Under-represented entrepreneurs • Migrants, disabled, those with low educational attainment, ethnic minorities, women (OECD, 2017) • Typically higher unemployment rate than for mainstream – Migrants 8.4% higher unemployment rate than EU-born (Eurostat, 2017), disabled 17% vs 10% for non-disabled (European Disability Forum, 2017) • Entrepreneurship often seen as a route into work: – Businesses more precarious, lower turnovers and survival rates. – More dependent & false self-employment (OECD, 2017).
  8. 8. Under-represented entrepreneurs Common barriers • Discrimination & stereotyping (Ram and Jones, 2008) • Prejudice (Cooney, 2008) • Access to finance (Ram and Jones, 2008) • Unable to access support (Pavey, 2006) Specific barriers • Language (OECD, 2017) • Unfamiliarity with culture & institutional set-up (OECD, 2017) • Benefits trap (Kitching, 2014) • Lack of networks (Uddin and Jamil, 2015)
  9. 9. Under-represented entrepreneurs Enablers of entrepreneurship • Experience of living with adversity (Cooney, 2008) • Problem-solving and innovation skills (Drakopoulou Dodd, 2015) • Embeddedness in social networks (Lofstrom, 2014; Ram and Jones, 2008) • Work ethic (Ensign and Robinson, 2011)
  10. 10. Under-represented entrepreneurs – key conclusions • Some common and some specific barriers • Double and triple disadvantage not well understood • Impact of low educational attainment under-researched • Insufficient focus in research on interventions • Tendency to revert to stereotypes: oversimplification • More detailed understanding of these groups required, to underpin more flexible and nuanced policies and approaches
  11. 11. Roundtable discussions: Practical implications of the research for building better business resilience
  12. 12. Roundtable discussions 1. What kinds of shocks do SMEs typically experience? What does a resilient response to a shock look like? 2. What kinds of tools and interventions may support SMEs in building resilience? 3. What skills and aptitudes might members of under- represented groups have which may enable their entrepreneurial ventures? How can these skills be developed?
  13. 13. Next steps and contacts • Research report on London survey and case study findings - 12/13th December • Report on European surveys and case study findings - May 2019 • Integrated final Europe-wide comparative report - November 2019 • Benchmarking tool and toolkits - November 2019 For more information contact Vicki.Belt@wbs.ac.uk Or visit https://www.enterpriseresearch.ac.uk/sme-resilience-project- jpmorgan/
  14. 14. Thank you

×