The role of project management and strategic leadership in enhancing the investment for local and international businesses
Department of municipalities and transport, UAE.
Review Article
World Journal of Advanced Research and Reviews, 2024, 21(03), 376–386
Publication history:
Received on 06 January 2024; revised on 27 February 2024; accepted on 29 February 2024
Abstract:
This study aimed to analyse the role of project management and strategic leadership in enhancing the investment for local and international businesses. To achieve this purpose, the researcher conducted semi-structured interviews with managers and professionals from different companies based in the UAE. The qualitative data was then evaluated using the thematic analysis so that a more focused and specific explanation of the study's findings could be made. According to the findings, businesses face increasingly severe competition for acquiring investments amidst rapid globalisation. One of the most essential variables in a company's ability to support development, innovation, and competitiveness is its ability to attract and maximise investment. This article indulges in a more in-depth investigation of how strategic leadership and project management interact to ensure long-term profitability for businesses, either in a local or international context and make the process of attracting investment easier. Businesses can be able to acquire enhanced investments provided that they recognise the need for strategic leadership and project management and develop effective plans so that their investments can result in long-term growth, new ideas, and a competitive advantage in the modern economy.
Keywords:
Project management; Strategic leadership; Investment for local businesses; Investment for international businesses; Project management strategies.
Full text article in PDF:
Copyright information:
Copyright © 2024 Author(s) retain the copyright of this article. This article is published under the terms of the Creative Commons Attribution Liscense 4.0