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  • Brief IDEAS No. 29 –Building SME digital resilience: What have we learned from the MCO?
at November 5, 2020
Categories
  • SMEs
  • DateNovember 5, 2020
 
Brief IDEAS No. 29 –Building SME digital resilience: What have we learned from the MCO?

Brief IDEAS No. 29

Building SME digital resilience:
What have we learned from the MCO?

Author: Dr. Avvari V Mohan and Lau Zheng Zhou

The unprecedented levels of unemployment and business closures reflects the impact of the movement control order (MCO) to address the Covid-19 pandemic. Even as lockdown restrictions are gradually being lifted, as consumer preferences change, businesses have had to innovate their offerings and the way they do their business.

This paper aims to provide a discussion about how SMEs in the retail sector, including micro-SMEs (MSMEs), have responded to the COVID-19 pandemic. The paper draws on information from field interviews and case studies, as well as gleanings from a roundtable organised with relevant stakeholders in order to identify key success factors for SMEs.

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