The emerging of business resilience plans (BRPs) in dealing with business turbulence
ISSN: 2040-8269
Article publication date: 10 July 2023
Issue publication date: 2 January 2024
Abstract
Purpose
The purpose of this research is to provide a strategic framework for business resilience plans (BRPs) to guide micro, small, and medium-sized firms (MSMEs) in determining their adaptability level and providing information on agility and resilience tactics while coping with turbulence.
Design/methodology/approach
A systematic literature review (SLR) is used in this work to collect and acquire a complete and high-quality sample of academic journal articles. As the primary focus, 63 high-quality journals were chosen from 154 academic papers in the Scopus and Web of Science databases by using qualitative data analysis. The method of thematic analysis incorporating grounded approach analysis was utilized for creating themes and key findings in this study.
Findings
This study proposes the dimensions of the BRPs framework along with key findings to identify future research directions for MSMEs. The three dimensions of BRP include responsiveness, reactiveness, and proactiveness based on the principles of agility, absorption, and resilience.
Originality/value
This study proposes a sustainable and resilient framework for post-disaster MSMEs as a catalyst towards sustainably resilient MSMEs. This study highlights viable avenues for future research for academics and provides a resilient plan at various levels for business owner-managers.
Keywords
Acknowledgements
Compliance with ethical standards.
i. Disclosure of potential conflicts of interest.
The authors declare that there is no conflict of interests regarding the publication of this manuscript. In addition, the ethical issues, including plagiarism, informed consent, misconduct, data fabrication and/or falsification, double publication and/or submission and redundancies have been completely observed by the authors.
Author contributions.
Kritcha Yawised – Conceptualization, methodology, formal analysis, resources, writing – original draft preparation, writing – review and editing
Darlin Apasrawirote – Conceptualization, validation, resources, writing – original draft preparation, writing – review and editing
All authors have read and agreed to the published version of the manuscript.
ii. Research involving human participants and/or animals (If applicable).
There are no human subjects in this article, and ethic approval is not applicable. The data presented in this study are openly available in all references provided.
iii. Informed consent (If applicable).
Not applicable.
Funding: No funding was received for conducting this study.
Declarations.
Conflict of interest: The authors declare that there is no conflict of interest.
Ethic approval: There is no human subjects in this article, and ethic approval is not applicable.
Citation
Apasrawirote, D. and Yawised, K. (2024), "The emerging of business resilience plans (BRPs) in dealing with business turbulence", Management Research Review, Vol. 47 No. 1, pp. 141-161. https://doi.org/10.1108/MRR-04-2022-0273
Publisher
:Emerald Publishing Limited
Copyright © 2023, Emerald Publishing Limited