Demographic Challenges for the Future Business Leader: Evidence from a Greek Survey

Evidence-based HRM: a global forum for empirical scholarship. June 2017, Forthcoming

25 Pages Posted: 30 Jun 2017

See all articles by Eleanna Galanaki

Eleanna Galanaki

Athens University of Economics and Business

Nancy Papalexandris

Athens University of Economics and Business

Date Written: March 8, 2017

Abstract

Purpose: In this paper we attempt to identify the challenges posed to business leaders from major global demographic changes expected in the workforce composition, such as higher participation of women and more active involvement of elder and more experienced people in the future workforce.

Design/methodology/approach: We ran a survey among 733 middle managers, focusing on their ideal leadership behavior. The GLOBE project methodology was applied for data collection and analyses.

Findings: Several significant differences were established in leadership ideals according to gender, age and managerial experience. The differences based on gender, had higher practical significance than the ones based on age and experience of the respondents.

Research limitations/implications: The paper adds up to the pertinent in the implicit leadership approach dialogue over the existence of stable, global and unchanging aspects of leadership.

Practical implications: Leader behaviors traditionally deemed as positive, such as the participative and charismatic/value based leadership, are shown to be critical for the future business leader. Leadership development in organizations should focus on these two aspects.

Social implications: Leaders who can meet the expectations of diverse groups of people will be able to achieve inclusion of least privileged groups at the business level, leading to higher inclusion at the social, aggregate level.

Originality/value: The paper is the first to explore how documented demographic trends could affect the way that leadership will evolve in the near future.

Keywords: gender, age, workforce composition, GLOBE project, Greece, Implicit Leadership Theories

JEL Classification: J11, M12, M1

Suggested Citation

Galanaki, Eleanna and Papalexandris, Nancy, Demographic Challenges for the Future Business Leader: Evidence from a Greek Survey (March 8, 2017). Evidence-based HRM: a global forum for empirical scholarship. June 2017, Forthcoming. Available at SSRN: https://ssrn.com/abstract=2994655

Eleanna Galanaki (Contact Author)

Athens University of Economics and Business ( email )

Athens
Greece
+30 210 8203473 (Phone)

Nancy Papalexandris

Athens University of Economics and Business ( email )

76 Patission Street
Athens, 104 34
GREECE

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