Managing Innovation, Inclusivity, and Organizational Development in the Digital Age through Transformational Leadership

DIVYA YADAV — Fri, 17 Jan 2025 00:00:00 +0000

Transformational leadership has become a cornerstone of effective management in the digital age, characterized by rapid technological advancements and evolving workplace dynamics. Unlike traditional leadership styles, transformational leaders inspire and motivate their teams to achieve beyond expectations by fostering innovation, adaptability, and collaboration. These leaders excel in creating a shared vision that resonates with their team members, empowering them to embrace change and contribute to organizational growth. In the digital age, transformational leadership requires a nuanced understand Ingo technology and its potential to reshape industries. Leaders must not only adopt digital tools but also cultivate a culture that values creativity and agility. They achieve this by promoting continuous learning, encouraging calculated risks, and leveraging data-driven insights to inform strategic decisions. Additionally, they prioritize emotional intelligence, ensuring that the human element remains central in an increasing automated world. Effective transformational leaders also recognize the importance of inclusivity and diversity, harnessing diverse perspectives to drive innovation. They are adept at using digital platforms to communicate transparently and build trust within their organizations, even in remote or hybrid work settings. In conclusion, transformational leadership in the digital age transcends traditional management practices by combining visionary thinking with technological acumen and emotional intelligence. By embracing these qualities, leaders can navigate the complexities of the modern workplace, driving sustainable success and fostering a resilient, future-ready workforce.

APPLICABILITY OF CLASSICAL ENTREPRENEURSHIP THEORY IN 21ST CENTURY ENTREPRENEURSHIP

Peter Elaigwu Oteh, Akeem Olarenwaju Salami — Tue, 24 Dec 2024 00:00:00 +0000

This study examines the applicability of classical entrepreneurship theory in the 21^st Century Entrepreneurship. The Theoretical Reasoning Approach (TRA) was employed for this study. It involves a comprehensive review of literature in the area of study to identify relevant reasoning, concepts and theories. It helps to identify the major variables or domains of the study and the interrelationship between them. With this method access to reliable information and resources was unlimited with reliable information through desk-review. These methods involve a systematic collection, evaluation and synthesis of existing information from various sources. From the examination, the finding states that; in the 21st century, the theory of innovation and creative destruction which is classical entrepreneurship theory among others remains highly applicable in the 21^st Century entrepreneurship, particularly in the context of rapid technological advancements and globalization. 21^st century examples abound, such as the rise of digital technologies that have transformed industries ranging from e commerce retail (e.g., Amazon) to transportation (e.g., Uber). These companies exemplify how innovative business models can disrupt traditional market leaders, forcing established firms to adapt or risk obsolescence

NOLEGEIN- Journal of Leadership & Strategic Management

Managing Innovation, Inclusivity, and Organizational Development in the Digital Age through Transformational Leadership

APPLICABILITY OF CLASSICAL ENTREPRENEURSHIP THEORY IN 21ST CENTURY ENTREPRENEURSHIP