PSU

Impact of COVID-19: How CEOs Respond to SMEs Recovery Planning in Saudi Arabia

Businesses have been forced to find creative and innovative ways of addressing some of the great challenges facing our world resulting from COVID-19 pandemic. This report presents an analysis of the findings from the interviews of chief executive officers (CEOs) of 111 small and medium enterprises (SMEs) in Saudi Arabia. Three key areas are highlighted: a) challenges that SMEs in Saudi Arabian businesses are facing due to the COVID-19 pandemic; b) the impact of the COVID-19 health crisis on their businesses; and c) their recovery plans to sustain in their business. The outcome of the findings offers a broader understanding of how a wide-ranging of innovative ideas associated with an organisation’s desire for improving its efficiency, effectiveness and value creation for customers and other stakeholders such as government and the community.

Published on 25 June 2020