Innovative Leadership and Sustainable Development: Exploring Resource‐Efficient Strategies Among Indian Managers

ABSTRACT Global sustainability challenges demand innovative leadership approaches, particularly in resource‐constrained environments where traditional models may fall short. The current study aimed to explore the need for adaptive, resource‐efficient leadership by examining key traits such as empathy, inclusivity, adaptability, and intuitive decision‐making that allows managers to balance immediate organizational demands with long‐term sustainability goals. A Qualitative‐Interpretative Phenomenological Approach was adopted. A total of 28 senior Indian managers were interviewed to understand traits aligned with stakeholder theory and the resource‐based view, positioning them as strategic assets for achieving sustainable competitive advantage. Findings revealed that culturally resonant practices of frugality and resilience support social innovation and organizational resilience, contributing to broader sustainable development objectives. Further, it advances sustainable leadership literature by showcasing how resource efficiency and contextual adaptability can foster impactful, sustainable practices, particularly within emerging economies.