Driving Inclusive Leadership to Stimulate Innovation at Grassroots: Restructuring Business Skills Within Entrepreneurial Ecosystem

Abstract

This chapter discusses the key challenges in managing inclusive leadership in the context of innovation continuum in enterprises. The discussions in this chapter focus on stakeholder’s value to the enterprise, leadership value to the stakeholders, and efficacy of inclusive business models in innovation management at the grassroots enterprises. The discussion also focuses on transformational leadership as a new normal to manage inclusive business by empowering stakeholders, developing a reverse accountability governance model to support the collective decision-making and their implementation, and restricting organizational dynamics to drive vertical growth and competitive advantages to improve entrepreneurial performance. This chapter also discusses the concept of inclusive business as a blend of socialization and corporate philosophy by involving people in general and customers and stakeholders in particular in co-creating value-based businesses. The constructs of this conceptual study are based on sociological epistemologies besides the applied perspectives of illustrated in the previous studies. Therefore, this study contributes to the existing literature in the context of revisiting sociological and entrepreneurial epistemologies and converging them with inclusive business modeling process.