Exploring the Managerial Dynamics in a Turbulent Context: The Reaction of SMEs’ Leaders

Abstract

Small and medium enterprises constitute the bulk of the Lebanese economic fabric. Over the past decades, the managers of these SMEs have played a pivotal role in the survival of their businesses. This research aims at understanding how these managers manage to survive in a turbulent context marked by perpetual changes that are almost constantly renewing themselves, by showing how, in such an environment, they manage to mobilize resources and skills and deploy dynamic capacities in order to develop efficient and sustainable practices. The results of qualitative research of the exploratory type are intended to present researchers with a "reaction model" that, in a similar context, could enlighten SME leaders on the managerial performance required.