Accruing and Leveraging Untapped and Under-developed Resources and Technologies as a Means to Manage Stress in Entrepreneurial Ventures
Entrepreneurial and Small Business Stressors, Experienced Stress, and Well-Being
ISBN: 978-1-83982-397-8, eISBN: 978-1-83982-396-1
Publication date: 17 August 2020
Abstract
This chapter provides valuable insights around the entrepreneurial landscapes of the twenty-first century, as well as the inherent stressors that may impact entrepreneurial well-being and performance. As the World Health Organization declares stress as the epidemic of the twenty-first century, entrepreneurs face increasingly volatile, uncertain, complex, and ambiguous contexts, or what the Army War College refers to as “VUCA” environments. In these contexts, traditional models of leadership and stress management in entrepreneurship require tapping into new, sometimes previously untapped and underdeveloped resources. Resources such as Psychological Capital (Luthans, Youssef-Morgan, & Avolio, 2007), Algorithmic Leadership (Harms & Han, 2018), and wearable biometric technologies (Tsuji, Sato, Yano, Broad, & Luthans, 2019) that exploit big data analytics powered by artificial intelligence will be invaluable to entrepreneurs as they manage stress, and build and maintain their competitive edges.
Keywords
Acknowledgements
Acknowledgments
Special acknowledgments to Dr Fred Luthans, Distinguished Professor of Management, Emeritus, University of Nebraska, Lincoln, NE USA, Former President Academy of Management, for his insights and scholarship in POB, its core construct of PsyCap, and his influential contribution in establishing the POBI, where his lifetime scholarship is sustained and developed.
Dr Peter Harms, Associate Professor of Management at the University of Alabama, is acknowledged for his insights into the entrepreneurial landscapes of the twenty-first century, and the associated technologies, such as Algorithmic Leadership and accompanying artificial intelligence applications that can be leveraged in reducing entrepreneurial stress while improving performance.
Additionally, Dr Kazuo Yano, Corporate Chief Scientist, Hitachi Ltd, Tokyo, Japan, is acknowledged for his ground-breaking research linking PsyCap through wearable devices to promote competitive gains in well-being and performance within an operational context. These wearable devices employ the artificial intelligence and big data analytics to assist organizations and entrepreneurs in managing the stressors of the twenty-first century and beyond.
Citation
Broad, J.D. (2020), "Accruing and Leveraging Untapped and Under-developed Resources and Technologies as a Means to Manage Stress in Entrepreneurial Ventures", Perrewé, P.L., Harms, P.D. and Chang, C.-H. (Ed.) Entrepreneurial and Small Business Stressors, Experienced Stress, and Well-Being (Research in Occupational Stress and Well Being, Vol. 18), Emerald Publishing Limited, Leeds, pp. 171-195. https://doi.org/10.1108/S1479-355520200000018008
Publisher
:Emerald Publishing Limited
Copyright © 2020 by Emerald Publishing Limited