Transformational Leadership For Inclusive Business And Their Social Impact On Bottom Of The Pyramid (Bop) Populations

The goal of the present study is to probe into the essential role of transformational leadership and diversity in culture for the successful implementation of business models aiming at the Bottom of the Pyramid (BoP).Inclusive businesses seek to alleviate poverty. This is done by integrating people from BOP backgrounds as consumers, suppliers, or distributors of companies producing goods; it cares for economic empowerment and social fairness. This research uses transformational leadership theory and cultural dimensions theory for its analysis. Leadership practices are measured, as well the impact of cultural sensitivity on ways in which people access goods and services, their level of employment or income. The results show that transformational leaderships significantly improve results: for example, transformational leadership's dimensions such as inclusiveness, innovation and transformation (enterprise). The study offers guidance to entrepreneurs and policymakers. It emphasizes the need for sustainable, scalable strategies in order to demonstrate that the economic and social impact of Inclusive business initiatives can be maximized to pay off.

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Publication Details

Journal
Journal of creative writing.
Published
2024-12-28
DOI
https://doi.org/10.70771/jocw.134
Primary Topic
Innovation and Socioeconomic Development
Type
article
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article

Transformational Leadership For Inclusive Business And Their Social Impact On Bottom Of The Pyramid (Bop) Populations

Shahriar Akter, S M Al Imran, Md. Romzan Ali, Md. Mokit-Ul Hafiz
Journal of creative writing.
Innovation and Socioeconomic Development
article

Transformational Leadership For Inclusive Business And Their Social Impact On Bottom Of The Pyramid (Bop) Populations

Shahriar Akter, S M Al Imran, Md. Romzan Ali, Md. Mokit-Ul Hafiz
article en

Abstract

The goal of the present study is to probe into the essential role of transformational leadership and diversity in culture for the successful implementation of business models aiming at the Bottom of the Pyramid (BoP).Inclusive businesses seek to alleviate poverty. This is done by integrating people from BOP backgrounds as consumers, suppliers, or distributors of companies producing goods; it cares for economic empowerment and social fairness. This research uses transformational leadership theory and cultural dimensions theory for its analysis. Leadership practices are measured, as well the impact of cultural sensitivity on ways in which people access goods and services, their level of employment or income. The results show that transformational leaderships significantly improve results: for example, transformational leadership's dimensions such as inclusiveness, innovation and transformation (enterprise). The study offers guidance to entrepreneurs and policymakers. It emphasizes the need for sustainable, scalable strategies in order to demonstrate that the economic and social impact of Inclusive business initiatives can be maximized to pay off.

Journal of creative writing.Vol. 8(3)
Shahjalal University of Science and Technology (BD), University of Lisbon (PT), Bangladesh Bank (BD), Jagannath University (BD)
Openalex Percentile: Top 51%
Innovation and Socioeconomic Development
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Transformational Leadership For Inclusive Business And Their Social Impact On Bottom Of The Pyramid (Bop) Populations — Shahriar Akter, S M Al Imran, et al. · Journal of creative writing. (2024) | TGRS Research Map | TGRS