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This pioneering Handbook chronicles the research landscape of strategic leadership in what is referred to as the ‘Fourth Industrial Revolution’: a fusion of technologies and systems which blurs the boundaries between the digital, physical and biological spheres. In this Handbook, leading global scholars and practitioners in the field recognize the profound change the Fourth Industrial Revolution will have on organizational processes, structures and systems. Contributing authors advocate for the need to ensure theory and empirical research on strategic leadership are appropriately reflective of these developing issues. Outlining new frameworks to adapt to the challenges and opportunities of the future, authors highlight the implications of transformative technologies for the evolving roles of strategic leaders and offer unique perspectives and insights. This Handbook also provides a crucial authoritative review of the latest thought leadership on how strategic leaders can navigate the Fourth Industrial Revolution and, looking ahead, suggests an ambitious agenda for future research. Combining theoretical grounding with practical guidance, the Handbook of Research on Strategic Leadership in the Fourth Industrial Revolution is a vital read for researchers, practitioners and policymakers specializing in business and management, corporate governance, strategic management and economics and finance.
Edited by Zeki Simsek, Gressette Endowed Chair of Business Strategy and Planning, Wilbur O. and Ann Powers College of Business, Clemson University, US, Ciaran Heavey, Associate Professor of Management, Michael Smurfit Graduate Business School, University College Dublin, Ireland and Brian C. Fox, Associate Professor of Management, Bentley University, US
ContentsIntroduction to the Handbook of Research on Strategic Leadership in the FourthIndustrial Revolution xviiiPART I WHY ARE WE HERE?1 What is strategic leadership? 2Craig Crossland, Joanna T. Campbell and Aaron D. Hill2 The Fourth Industrial Revolution: what it means, how to respond 29Klaus Schwab3 Enabling technologies of the Fourth Industrial Revolution 35John G. Mooney and Michael L. Williams4 The Fourth Industrial Revolution technologies and strategic leadership:new research directions and a clarion call for creating shared understanding 62Ciaran Heavey, Zeki Simsek and Brian C. FoxPART II WHERE ARE WE GOING?5 The impact of artificial intelligence on strategic leadership 108David M. Huber and Oliver Alexy6 Big data analytics and human decision-making in the context ofartificial intelligence: emerging possibilities 151Michael Moesgaard Andersen and Torben Pedersen7 Blockchain technology and strategic leadership 167Marten Risius and Gayan Benedict8 Strategic leadership of decentralized cryptocurrency and Web3 communities 196Paul Dylan-Ennis and Donncha Kavanagh9 Social media and strategic leadership 216Christina KyprianouPART III HOW WILL WE GET THERE?10 A foundational perspective of digital business strategy for strategic leaders 235Varun Grover and Gabriele Piccoli11 Business ecosystems and strategic leadership: a stakeholder approach 250Josh Goodrich and Elizabeth J. Altman12 Digital platforms, ecosystems and strategic leadership 267Anastasiya Shylina, Andreas König and Lorenz Graf-Vlachy13 The future of work and strategic leadership 310Mónica Santana and Mar Bornay-Barrachina14 Data privacy, ethics and strategic leadership 330Jill A. Brown, Andrew Ward and Ja-Nae Duane15 Digital globalization and strategic leadership: a framework and researchagenda for digital global leadership 348Annabel Christie and Esther Tippmann16 Open strategy – the role of strategic leadership 365Kristina Stoiber, Julia Hautz, Kurt Matzler, Christian Stadler and StephanFriedrich von den Eichen17 The Fourth Industrial Revolution and corporate entrepreneurship: therole of strategic leadership 389Shaker A. ZahraPART IV HOW WILL STRATEGIC LEADERS HELP US GET THERE?18 Strategic leadership and ubiquitous ambient intelligence: a newapproach to reconcile exploitation and exploration in the FourthIndustrial Revolution? 408Mariano L.M. Heyden, Zenlin Kwee, Henk W. Volberda and Simon Wilkie19 Chief digital officers: a framework for guiding research on a newstrategic leader 435Markus Menz, Sven Kunisch and Robert Langan20 Executive digital savviness 457Ann Mooney and Sibel Ozgen21 Corporate governance and the Fourth Industrial Revolution: promisesand challenges 475Maria Goranova, Yanqiu Ren, Marti Sagarra, Sarthak Singh, Cynthia Clark22 Implications of the Fourth Industrial Revolution for business schools 509Wendy York23 Implications of the Fourth Industrial Revolution for executive educationand development 526Patrick T. Gibbons, Karan Sonpar and Helen BrophyPART V WHERE DO WE GO NEXT?24 Implications of the Fourth Industrial Revolution for strategic leadershipresearch and practice 541Brian C. Fox, Zeki Simsek and Ciaran Heavey
‘There is no doubt that we are experiencing yet another industrial revolution. This timely Handbook offers invaluable insights into this transformative era. It is a must-read for scholars, students, and practitioners alike, given the breadth and depth of the topics explored. The seamless progression of ideas presented by scholars worldwide is particularly noteworthy. Besides recognizing the contributors, the editors must be commended for their outstanding work.’