Organizational resilience of SMEs in the Czech Republic: an exploratory analysis

SMEs create equally significant part of national GDP and employment in the Czech Republic and in Thailand. Nowadays, SMEs are facing continuously changing environment which may be opportunities or threats. Therefore they have to react quickly and properly to these changes to guarantee the sustainability of their businesses. To be successful in doing so, the entrepreneurs have to build resilience in their organizations. Organizational resilience is defined as "ability of an organization to anticipate, prepare for, and respond and adapt to incremental change and sudden disruptions in order to survive and prosper". The aims of this study are to examine organizational resilience of Czech SMEs and to compare organization resilience between/among Czech SMEs which have different size, turnover, type of business, gender, education, experience, and age of enterprise owners. A sample of 160 Czech entrepreneurs was drawn by convenience sampling method. The survey method through self-administrated questionnaire in both online and paper version was used as data collection tools.