Journal
INTERNATIONAL JOURNAL OF PRODUCTION RESEARCH
Volume 49, Issue 18, Pages 5469-5487Publisher
TAYLOR & FRANCIS LTD
DOI: 10.1080/00207543.2011.563833
Keywords
resilience; agility; strategic planning
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This article describes a practical 'top-down' strategic framework to assist manufacturing-based SMEs to develop a degree of resilience when operating in turbulent business environments. The approach builds on the premise that resilience occurs as a result of the implementation of both operational and strategic capabilities. The framework is based on earlier work in the area of manufacturing agility implementation in SMEs developed by the authors, and involves the integration of operational agility tools with tools and approaches from the strategic development literature. With the inclusion of a multi-strategy assessment tool, SMEs are able to prioritise their capabilities to achieve a level of 'strategic readiness'. This article demonstrates how the approach is applied using two case studies carried out within two traditional manufacturing-based SMEs.
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