Leadership for Sustainable Growth of High-tech Enterprises in Guangxi Province
Abstract
Background and Aim: China’s economy has experienced 30 years of rapid development, and its development has evolved from a crude model to a new high-quality model. High-tech enterprises have become an important engine for promoting China’s economic development. This study aims to study the leadership abilities required, leadership affect factors, and finally propose a specific leadership model to promote the sustainable development of high-tech enterprises.
Materials and Methods: The research methodology adopted the Ethnographic Delphi Future Research (EDFR) technique using 17 experts who are the CTO or CEO in high-tech enterprises.
Results: The research results give a CTO leadership model also help explore a way to promote the development of high-tech industries through the efforts of enterprises themselves, to realize China's modernization. The result reveals that 1. CTOs in high-tech enterprises should possess: Technical leadership and strategic thinking; Collaboration and team building; Adaptability and Resilience; and Innovation and R&D. 2. Sustainable development strategies that high-tech enterprises need to possess are Environmental Sustainability Initiative; Social Responsibility and Ethical Practice; and Economic sustainability and long-term viability. 3. CTO Strategies for Improving the Sustainable Growth of High-tech Enterprises include Key Steps to Making the Most of Emerging Technologies; Key Steps to getting the most out of data analysis and decision-making; Strategies for overcoming corporate resistance to sustainable reforms; and Strategies for managing stakeholder expectations. 4. Prediction of CTO’s Future Role are: Focus on digital transformation; Data-driven decision-making; Leading position in cybersecurity; Sustainability and ethical technology adoption; Customer-centric innovation; Agility and flexibility; Collaboration with senior executives; Talent management and skill enhancement skills; Emphasize the innovation ecosystem; and Addressing Regulatory Challenges
Conclusion: The CTO leadership model explores a way to promote the development of high-tech industries through the efforts of enterprises as 1) CTOs in high-tech enterprises 2) Sustainable development strategies 3) CTO Strategies for Improving Sustainable Growth of High-tech Enterprises and 4) Prediction of CTO’s Future Role.
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