Reimagining Resilience: Visionary Leadership, Digital Transformation, and Strategic Flexibility in Small and Medium Enterprises in Construction Sector

IF 4.6 3区 管理学 Q1 BUSINESS
Mohsin Ali Soomro;Ali Nawaz Khan
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Abstract

This article investigates visionary leadership in the context of economic crises coupled with political strife. This article examines the visionary leaders’ influence through mediating and moderating role of digital transformation and organizational strategic flexibility, respectively, in developing organizational resilience. We test this model on data from construction sector small- and medium-sized enterprises (SMEs) in the developing economy's context. We have employed the lens of contingency theory to understand and explain the results. The collected data were analyzed on SPSS-23 and AMOS 23. Findings reveal that visionary leader would lead the organizational shift to digital transformation in economic crises in order to preserve resources and increase the efficiency of business operations. Results have further shown that digital transformation alone may not foster organizational resilience. Nevertheless, the relationship of digital transformation with resilience becomes more robust when an organization is endowed with high levels of strategic flexibility. Results also have shown that visionary leadership's influence over organizational resilience through digital transformation becomes stronger if organizations uphold strategic flexibility. This article includes valuable recommendations for SMEs to survive during economic crises and political instability and emphasizes the systematic approach when overcoming such issues to survive.
重塑复原力:高瞻远瞩的领导力、数字化转型和建筑业中小企业的战略灵活性
本文研究了经济危机和政治纷争背景下的高瞻远瞩型领导力。本文分别通过数字化转型和组织战略灵活性的中介和调节作用,研究了高瞻远瞩型领导对发展组织复原力的影响。我们以发展中经济背景下建筑业中小企业的数据为基础,对这一模型进行了检验。我们采用权变理论来理解和解释结果。收集到的数据通过 SPSS-23 和 AMOS 23 进行了分析。研究结果表明,有远见的领导者会在经济危机中领导组织向数字化转型,以保护资源并提高业务运营效率。研究结果进一步表明,仅靠数字化转型可能无法增强组织的复原力。然而,当组织具有高度的战略灵活性时,数字化转型与复原力之间的关系会变得更加稳固。研究结果还表明,如果组织坚持战略灵活性,那么高瞻远瞩的领导力通过数字化转型对组织复原力的影响就会变得更强。本文为中小企业在经济危机和政治动荡时期的生存提出了宝贵建议,并强调了克服这些问题以求得生存的系统方法。
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来源期刊
IEEE Transactions on Engineering Management
IEEE Transactions on Engineering Management 管理科学-工程:工业
CiteScore
10.30
自引率
19.00%
发文量
604
审稿时长
5.3 months
期刊介绍: Management of technical functions such as research, development, and engineering in industry, government, university, and other settings. Emphasis is on studies carried on within an organization to help in decision making or policy formation for RD&E.
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