Peterson, Denis Desmond
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BLACK SME’S AND COVID-19: A SOUTH AFRICAN PERSPECTIVE ON RISKS IN THE AUTOMOTIVE INDUSTRY AND WHY THOSE RISKS SHOULD BE MANAGED Peterson, Denis Desmond; Chinyamurindi, Willie
Journal of Management Small and Medium Enterprises (SMEs) Vol 17 No 1 (2024): JOURNAL OF MANAGEMENT Small and Medium Enterprises (SME's)
Publisher : Universitas Nusa Cendana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35508/jom.v17i1.14893

Abstract

The research identifies risks (and response to this) that Black-owned Small and Medium Enterprises (SMEs) in the automotive industry face in South Africa. The context is a business environment affected by the COVID-19 pandemic. Semi-structured interviews were used for the study with a sample of 11 businesses (6 micro-businesses and 5 small businesses). All the businesses were based either in the Gauteng Province or Eastern Cape Province of South Africa. Thematic analysis was used to analyze the collected data. The findings highlight the vulnerability of Black SMEs in the face of the Covid-19 pandemic through a set of factors inherent in the business environment. The participating Black SMEs narrated their response to the shocks created by the identified set of factors. The findings of the study provide vital information for policymakers, business leaders, and other stakeholders, to create contingencies, policies, and frameworks necessary to support small businesses. Keywords: Small Business; Risk; Covid-19; Automotive Industry
NAVIGATING RISK BY USING A MULTIFACETED APPROACH TO CONTINGENCY PLANNING FOR BLACK SMES IN SOUTH AFRICA'S AUTOMOTIVE INDUSTRY DURING COVID-19 Peterson, Denis Desmond
Journal of Management Small and Medium Enterprises (SMEs) Vol 18 No 2 (2025): JOURNAL OF MANAGEMENT Small and Medium Enterprises (SME's)
Publisher : Universitas Nusa Cendana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35508/jom.v18i2.20276

Abstract

This study examines contingencies used by Black-owned SMEs in South Africa’s automotive industry during the COVID-19 pandemic to manage risks during this period. Semi-structured interviews were conducted with 11 SMEs, comprising six micro-businesses and five small businesses located in Gauteng and the Eastern Cape. Thematic analysis was used to analyze the data, revealing the contingencies implemented as responses to mitigate the risks to their sustainability. The findings show that participants employed multifaceted contingency strategies across financial, operational, human resource, socioeconomic, and technological domains. These measures were both proactive and reactive, highlighting the adaptability and resilience of the SMEs. The study emphasizes the importance of targeted policies and frameworks to support these enterprises in navigating risks and ensuring sustainability. These insights are crucial for policymakers, business leaders, and stakeholders committed to fostering resilience in South Africa's small business sector. Keywords: Small Business; Contingencies, Covid-19; Automotive Industry