New Approaches for Sustainable Growth: Advancing Cross-sector Collaborations, New Capability Building, and Executive Leadership Development
Year: 2024
Type: article
Abstract: Effective executive leadership is essential for the success and direction of any organization, regardless of the industry in which it operates. However, with today's interconnected economic production and distribution processes spanning complex networks operating in diverse geographic, social, and cultural markets, uncertainty has become more pronounced. In light of these changes, we propose a learning approach based on the Cross-Sector Partnership theory, which involves creating leadership collectives that work across sectors. These collectives can create innovative strategies for sustainable progress. We believe that universities can play a crucial role in fostering collaborations between different sectors, including industry and government. As hubs of knowledge creation, research, and talent development, universities are well-positioned to offer executive education programs, masterclasses, and professional development opportunities. Such initiatives can help create a culture of continuous learning and skill acquisition, which is vital for sustainable growth. By emphasizing the importance of cross-sector collaborations, we can build critical capabilities for sustainable progress and leverage executive leadership development as a powerful tool for achieving this goal.
Source: Journal of Innovation Management
Authors: Jörn Bühring, Luca Simeone
Institutions: Abu Dhabi University, Aalborg University
Language: English
Subfield: Management of Technology and Innovation
Domain: Social Sciences
SDG: Quality education
Open Access status: diamond
OpenAlex ID: W4404070946