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Entrepreneurial resilience through leadership transformation: evidence from Sri Lanka

  • Isuru Koswatte
  • , Shehani Joseph
  • , Thisal Yatawara
  • , Kailasapathy Iyampillai
  • , Aushadharie Kaushalya

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

This chapter explores the dynamic interplay between entrepreneurial resilience and leadership transformation in the context of Sri Lanka. Against the backdrop of a rapidly evolving economic landscape and the challenges posed by global uncertainties, this chapter aims to uncover the strategies employed by entrepreneurs to navigate and thrive in the face of adversity. The focus is placed on the transformative role of leadership in fostering entrepreneurial resilience, shedding light on the specific leadership traits, behaviors, and practices that contribute to sustained business success.

Three case studies covering three distinctive industries were selected. The interview participants were all from the senior management of the respective enterprises in Sri Lanka. The NVivo analysis method was used for initial coding, and themes were derived from literature as well as empirics. Through a comprehensive examination of real-world experiences and organizational outcomes, the study seeks to identify possible relationships between leadership transformation and entrepreneurial resilience.

Key themes explored in the chapter include the resilience mindset, upskilling, and reskilling employees through transformational leadership and entrepreneurial spirit. The findings aim to provide valuable insights for entrepreneurs and business educators seeking to enhance entrepreneurial resilience in Sri Lanka and beyond.

Ultimately, this research contributes to the broader understanding of the intricate relationship between leadership transformation and entrepreneurial resilience, offering practical implications in a rapidly changing global environment.
Original languageEnglish
Title of host publicationLeadership and Leadership Development
Subtitle of host publicationCritical Perspectives and Contemporary Approaches
EditorsChristian Harrison
PublisherRoutledge Taylor & Francis Group
Chapter7
Pages109-132
Number of pages24
ISBN (Electronic)9781032624976
ISBN (Print)9781032620527
Publication statusPublished - 31 Mar 2025

Publication series

NameRoutledge Studies in Leadership and Leadership Development
PublisherRoutledge

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth

Keywords

  • entrepreneurship
  • entrepreneurial resilience
  • leadership development
  • Sri Lanka

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