Research Publications

Now showing 1 - 2 of 2

Open Access
Impact of Dynamic Capabilities on Business Performance of SMEs during an Economic Crisis with reference to Western Province
(SLIIT Business School, 2023-12-14) Haputhanthri, H; Jayawickrama, U; Lakma, L; Sellahewa, E; Wisenthige, K; Jayathilake, T
The current economic crisis which is experiencing has a significant impact on the development and performance of most SMEs, making their existence even more susceptible. In the face of the current economic crisis, Dynamic capabilities (DCs) can be utilized as a survival mechanism to help organizations to increase the value of their businesses, get competitive advantages, and increase business performance in a changing business environment. Therefore, the purpose of this paper is to analyze the impact of three dimensions of DCs which are sensing, seizing, and reconfiguring on the business performance of SMEs during this economic crisis. In addition, this study investigates how DCs could impact business performance through Information technology (IT) adoption as a moderator. The quantitative approach is adopted, where a cross sectional survey was utilized to collect primary data from SMEs. Findings of the study based on a sample of 380 SMEs in western province and stratified random sampling method was utilized to select participants. Structural Equation Modeling (SEM) was used to analyze data by using Smart PLS 4 software. The results revealed that only sensing and reconfiguring capabilities have a significant impact on SMEs’ performance and IT adoption moderates the relationship between DCs and business performance during the economic crisis. Therefore, this study provides a great effort to quantitatively investigate the impact of three procedures of DCs and the moderate effect of IT adoption during the economic crisis. Furthermore, it conveys a better understanding of how SMEs could deploy their DCs to ensure higher levels of performance in periods of crisis. The results of this research will pave a path for them to successfully take effective strategic decision on the SMEs.
Open Access
IMPACT OF ECONOMIC CRISIS ON EMPLOYEES OF CONTRACTORS’ ORGANISATIONS IN THE SRI LANKAN CONSTRUCTION INDUSTRY
(Ceylon Institute of Builders - Sri Lanka, 2023-07-21) De Silva, S.S.; Wijekoon, W.M.C.L.K.; Kalugala, C
The construction industry contributes more than 6% of the GDP of the Sri Lankan economy, employing workers at different levels of the value chain. The economic crisis in the country from 2019-2022 has had a significant impact on contractors’ organisations in the Sri Lankan construction industry, resulting in job losses, pay cuts, and reduced working hours. Hence this study aims to investigate the impact of the economic crisis on the employees of contractors’ organisations in the Sri Lankan construction industry, the most affected level of employees, and propose strategies to minimise the impact on the most affected level of employees. This study has been done using the mixed-method approach. Thirty-three (33) employees participated in a questionnaire survey and seven (7) managerial-level professionals were interviewed who are currently engaged in construction projects. This study has explored the levels of employees including technical, supervisory, and similar levels, professional level, administration, and managerial level. Further, this study provides the strategies adopted by the employees and the contractors to overcome the impact of the crisis, including measures to enhance productivity, cost reduction strategies, and access to financial support. The findings of the study will provide insights into the impact of the economic crisis on the construction industry in Sri Lanka and inform policy recommendations to support affected workers and ensure the long-term sustainability of the industry in a resilient way

Research Publications

Browse

Filters

Advanced Search

Filter by

Settings

Sort By

Results per page

Search Results