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Small and medium enterprise-SMEs´ resilience model based on maturity cycle

  • Vargas Florez Jorge
  • , Ruiz Cantisani María Ileana
  • , A. Castro-Zuluaga Carlos
  • , Marquez Gutierrez Mateo
  • Tecnologico de Monterrey
  • Universidad EAFIT

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

1 Scopus citations

Abstract

Currently, companies deal with the consequences of disruptive events derived from climate change, increased number of hurricanes, changes in wildlife species, pandemics and so on. Small and Medium Enterprises (SMEs) are more vulnerable due to their limited financial, human, and operational resources. This requires that companies have greater resilience, incorporating strategies adapted for the development of a maturity to face this situation. This article proposes a qualification model to assess the maturity status of SMEs based on their resilience level. To test the model, fieldwork has been carried out, interviewing three Mexican SMEs, which managed the effects of sargassum in Puerto Morelos. The exposure to large amounts of sargassum in decomposition can affect people with symptoms such as nausea, tearing and headaches, including allergic skin reactions, among other diseases. The use of the instrument allowed identifying the maturity status of the companies linking with the main practices used to increase resilience capabilities. According to the findings, SMEs have no preparation plans to cope a disruption, until when they learn about the impact, because of the crisis. It was clear, with 2 SMEs that the years' experience with other natural disruptions helps them to find new market opportunities to transform their business and help each other as a community.

Original languageEnglish
Title of host publication18th LACCEI International Multi-Conference for Engineering, Education Caribbean Conference for Engineering and Technology
Subtitle of host publication"Engineering, Integration, and Alliances for a Sustainable Development" "Hemispheric Cooperation for Competitiveness and Prosperity on a Knowledge-Based Economy", LACCEI 2020
PublisherLatin American and Caribbean Consortium of Engineering Institutions
ISBN (Electronic)9789585207141
DOIs
StatePublished - 2020
Event18th LACCEI International Multi-Conference for Engineering, Education Caribbean Conference for Engineering and Technology: "Engineering, Integration, and Alliances for a Sustainable Development" "Hemispheric Cooperation for Competitiveness and Prosperity on a Knowledge-Based Economy", LACCEI 2020 - Virtual, Online
Duration: 27 Jul 202031 Jul 2020

Publication series

NameProceedings of the LACCEI international Multi-conference for Engineering, Education and Technology
ISSN (Electronic)2414-6390

Conference

Conference18th LACCEI International Multi-Conference for Engineering, Education Caribbean Conference for Engineering and Technology: "Engineering, Integration, and Alliances for a Sustainable Development" "Hemispheric Cooperation for Competitiveness and Prosperity on a Knowledge-Based Economy", LACCEI 2020
CityVirtual, Online
Period27/07/2031/07/20

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 3 - Good Health and Well-being
    SDG 3 Good Health and Well-being
  2. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth
  3. SDG 9 - Industry, Innovation, and Infrastructure
    SDG 9 Industry, Innovation, and Infrastructure
  4. SDG 13 - Climate Action
    SDG 13 Climate Action

Keywords

  • Maturity Cycle
  • Resilience
  • SMEs
  • Sargassum
  • Small and medium-sized enterprises

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