Annals of the University of Oradea: Economic Science (Jul 2024)
ADAPTING LEADERSHIP DEVELOPMENT FOR SMES IN THE ERA OF REMOTE WORK FROM THE PERSPECTIVE OF GENERATION Z: MODERN APPROACHES AND CHALLENGES
Abstract
This study investigates the impact of remote work on leadership development within small and medium-sized enterprises (SMEs), particularly examining how the expectations and skills of Generation Z play a role. The COVID-19 pandemic has accelerated the adoption of remote work, underscoring the urgent need to address the unique challenges faced by SMEs through targeted leadership training programs. Effectively addressing these challenges requires a nuanced understanding of Generation Z’s perspective, which is essential for devising strategies that align with the dynamics of remote work. The widespread use of digital tools has revolutionized communication and management practices, presenting both opportunities and challenges for leaders, especially when catering to the preferences of Generation Z. Online training emerges as a cornerstone for nurturing effective leadership in virtual environments, offering flexibility and accessibility that resonate with the digital-native Generation Z. Generation Z’s values, including efficiency, supportive leadership, and work-life balance, significantly shape their expectations of leadership roles within SMEs. Through a comprehensive analysis of empirical data and practical insights, this research contributes to a deeper understanding of how leadership development initiatives can evolve in response to changing work paradigms. A case study illustrating an SME’s successful adaptation of leadership development to remote work offers valuable lessons and actionable insights for similar organizations. Recommendations underscore the importance of innovative, inclusive, and flexible program designs tailored specifically to the needs and demographics of SMEs. In conclusion, this study offers valuable insights into the evolving landscape of online leadership development programs, with the overarching goal of empowering SMEs to thrive in tomorrow’s workplace.
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