Startups nyttjande av ad hoc strategier efter turbulenta tider : En kvalitativ studie om hur startups kan använda ad hoc strategier efter turbulenta tider

Sammanfattning: The economic growth of recently established companies by the name of startups has increased significantly within the past couple of years. Startups are commonly attributed to achieving positive effects on socioeconomic advancements by creating new employment opportunities within its surrounding environments. However, startups are particularly vulnerable for having a supply of limited resources caused by their lack of market experience. Additionally, in times of turbulence, such companies are predominantly dependent on a commonly short-term method called an ad hoc strategy to avoid facing the risk of operational loss or even bankruptcy. This study comes to examine how ad hoc strategies can be used as long-term methods following a period of organizational instability, leading to the thesis’ research question: How can startups continue to use ad hoc strategies after turbulent times? To investigate this, the study applied a qualitative research method in the form of semi-structured interviews with representatives of startup companies. The following results show that during the time of the Covid-19 pandemic, startups have used a variant of ad hoc strategies in order to become more digital. This has resulted in several advantages, mainly that their main business measures become more economically efficient through the process of digitalization. Thus, the study concludes that startups can utilize ad hoc strategies after a turbulent time by using digitalization to a greater extent on a daily basis, exemplified by the approaches used during the Covid-19 pandemic. Consequently, the research proves that ad hoc methods do not have to be used exclusively as temporary solutions and can instead be applied to benefit with future organizational approaches.