Syndicated leadership in urban development projects: the case of the River City Gothenburg project

IF 3 Q2 BUSINESS

Construction Management and Economics Pub Date : 2022-10-27 DOI:10.1080/01446193.2022.2137881

A. Styhre, Sara Brorström

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引用次数: 1

Abstract

Abstract Large-scale urban development projects are complex economic and politically shaped activities, and such projects have oftentimes proved to be more costly and demanding more time to complete than is frequently being stipulated from the outset. Based on these conditions, urban development projects demand effective cross-organizational collaborations to optimize the use of available expertise, the capacity to process data and information, and to optimize public interests (being monitored by democratically elected entities in democratic societies). Based on a study of a major urban development project in Gothenburg, Sweden, this article introduces the concept of syndicated leadership, derived from the concept of syndicated investment in the venture capital industry. Syndicated leadership is based on the centralization of decision-making authority and resource allocation to a team of leaders, each representing (in the case examined) a private corporation, a municipality corporation, or a municipality agency having specific responsibilities in the shared urban development project, but also being dependent on the capacity to coordinate and align project activities. As the case indicates, syndicated leadership demands new expertise and communicative capacities and political skills, but when implemented effectively, it holds the promise of avoiding costly and embarrassing urban development project failures as it makes better use of the expertise of the participant organizations and better accommodate public interests.

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城市发展项目中的联合领导:以哥德堡河城项目为例

摘要大型城市发展项目是复杂的经济和政治活动，事实证明，这些项目往往比一开始就规定的成本更高，完成时间更长。基于这些条件，城市发展项目需要有效的跨组织合作，以优化现有专业知识的使用、处理数据和信息的能力，并优化公共利益（由民主社会中的民选实体监督）。本文通过对瑞典哥德堡一个重大城市发展项目的研究，引入了银团领导的概念，该概念源于风险投资行业的银团投资概念。联合领导的基础是将决策权和资源分配集中到一个领导团队，每个领导团队代表（在所审查的情况下）在共享城市发展项目中负有具体责任的私营公司、市政公司或市政机构，而且还取决于协调和调整项目活动的能力。正如案例所示，联合领导需要新的专业知识、沟通能力和政治技能，但如果有效实施，它有望避免代价高昂、令人尴尬的城市发展项目失败，因为它更好地利用了参与组织的专业知识，更好地照顾了公共利益。

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来源期刊

Construction Management and Economics BUSINESS-

CiteScore

7.50

自引率

14.70%

发文量

期刊介绍： Construction Management and Economics publishes high-quality original research concerning the management and economics of activity in the construction industry. Our concern is the production of the built environment. We seek to extend the concept of construction beyond on-site production to include a wide range of value-adding activities and involving coalitions of multiple actors, including clients and users, that evolve over time. We embrace the entire range of construction services provided by the architecture/engineering/construction sector, including design, procurement and through-life management. We welcome papers that demonstrate how the range of diverse academic and professional disciplines enable robust and novel theoretical, methodological and/or empirical insights into the world of construction. Ultimately, our aim is to inform and advance academic debates in the various disciplines that converge on the construction sector as a topic of research. While we expect papers to have strong theoretical positioning, we also seek contributions that offer critical, reflexive accounts on practice. Construction Management & Economics now publishes the following article types: -Research Papers -Notes - offering a comment on a previously published paper or report a new idea, empirical finding or approach. -Book Reviews -Letters - terse, scholarly comments on any aspect of interest to our readership. Commentaries -Obituaries - welcome in relation to significant figures in our field.