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Envisioning startup sustainability through leadership models: a system dynamics approach

Author

Listed:
  • Batara Parada Siahaan
  • Togar Mangihut Simatupang
  • Liane Okdinawati

Abstract

For capital-investing entrepreneurs, the sustainability of a startup is extremely important. Emerging concepts, such as the sharing economy and digitalisation, have spawned several startups that have since grown into multinational corporations. Therefore, we believe it is essential to assess the leadership role's suitability for achieving a successful and sustainable position. However, measuring the appropriate leadership for a new business model presents significant obstacles, such as an unpredictable new environment and the organisation's dynamic structure. Thus, this study aims to evaluate two leadership styles by acquiring the benefit of modelling; we use system dynamics modelling to examine two leadership styles, transformative and transactional, and the engaging environment of the economic, environmental, and social aspects of the Malcolm Baldrige framework. The results of the study present the leader model, investment (ROI), and other pivotal and relevant factors.

Suggested Citation

  • Batara Parada Siahaan & Togar Mangihut Simatupang & Liane Okdinawati, 2023. "Envisioning startup sustainability through leadership models: a system dynamics approach," International Journal of Management Concepts and Philosophy, Inderscience Enterprises Ltd, vol. 16(3), pages 211-227.
    • Handle: RePEc:ids:ijmcph:v:16:y:2023:i:3:p:211-227
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