COVID-19 as an advantage or a disaster? Crisis and change management strategies of Hong Kong social entrepreneurs during the pandemic
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989592%3A15210%2F25%3A73626036" target="_blank" >RIV/61989592:15210/25:73626036 - isvavai.cz</a>
Result on the web
<a href="https://doi.org/10.1108/JOCM-02-2024-0101" target="_blank" >https://doi.org/10.1108/JOCM-02-2024-0101</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1108/JOCM-02-2024-0101" target="_blank" >10.1108/JOCM-02-2024-0101</a>
Alternative languages
Result language
angličtina
Original language name
COVID-19 as an advantage or a disaster? Crisis and change management strategies of Hong Kong social entrepreneurs during the pandemic
Original language description
Purpose: A qualitative approach based on grounded theory was utilized, with data collected through 26 semi-structured interviews with social entrepreneurs. Alas’s Triangular Model provided the framework for data analysis and interpretation.Design/methodology/approach: This study explores how Hong Kong social enterprises approached crisis and change management during the COVID-19 pandemic, examining their resilience-building strategies.Findings: The pandemic triggered an existential crisis for many social enterprises, causing severe revenue losses. However, strong leadership and cultures based on social mission enabled resilience. Enterprises demonstrated agility by rapidly transitioning operations online and establishing partnerships. Technology adaptation and social innovation were pivotal to sustaining impact.Research limitations/implications: As the sample comprises enterprises that survived the pandemic, insights into failed enterprises are lacking. Comparative analysis could illuminate differences in crisis response between successful and unsuccessful cases.Practical implications: The study’s practical implications suggest that social enterprises should focus on developing flexible crisis management plans, cultivating purposeful leadership, embracing digital transformation, strengthening collaborative networks and prioritizing organizational learning to effectively navigate crises while staying true to their social missions.Social implications: Findings demonstrate how shared values and cultures grounded in purpose can anchor organizations amidst upheaval, fostering resilience. This underscores the role of social enterprises in modeling responsiveness to societal needs.Originality/value: While research has examined social enterprises’ vulnerability in crises, investigation into their crisis management practices is limited. This study enriches understanding of how social enterprises effectively navigate turbulence.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50204 - Business and management
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2025
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
JOURNAL OF ORGANIZATIONAL CHANGE MANAGEMENT
ISSN
0953-4814
e-ISSN
1758-7816
Volume of the periodical
38
Issue of the periodical within the volume
1
Country of publishing house
GB - UNITED KINGDOM
Number of pages
34
Pages from-to
25-58
UT code for WoS article
001314973700001
EID of the result in the Scopus database
2-s2.0-85204378537