{"title":"Syndicated leadership in urban development projects: the case of the River City Gothenburg project","authors":"A. Styhre, Sara Brorström","doi":"10.1080/01446193.2022.2137881","DOIUrl":null,"url":null,"abstract":"Abstract Large-scale urban development projects are complex economic and politically shaped activities, and such projects have oftentimes proved to be more costly and demanding more time to complete than is frequently being stipulated from the outset. Based on these conditions, urban development projects demand effective cross-organizational collaborations to optimize the use of available expertise, the capacity to process data and information, and to optimize public interests (being monitored by democratically elected entities in democratic societies). Based on a study of a major urban development project in Gothenburg, Sweden, this article introduces the concept of syndicated leadership, derived from the concept of syndicated investment in the venture capital industry. Syndicated leadership is based on the centralization of decision-making authority and resource allocation to a team of leaders, each representing (in the case examined) a private corporation, a municipality corporation, or a municipality agency having specific responsibilities in the shared urban development project, but also being dependent on the capacity to coordinate and align project activities. As the case indicates, syndicated leadership demands new expertise and communicative capacities and political skills, but when implemented effectively, it holds the promise of avoiding costly and embarrassing urban development project failures as it makes better use of the expertise of the participant organizations and better accommodate public interests.","PeriodicalId":51389,"journal":{"name":"Construction Management and Economics","volume":"41 1","pages":"387 - 401"},"PeriodicalIF":3.0000,"publicationDate":"2022-10-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Construction Management and Economics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/01446193.2022.2137881","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"BUSINESS","Score":null,"Total":0}
引用次数: 1
Abstract
Abstract Large-scale urban development projects are complex economic and politically shaped activities, and such projects have oftentimes proved to be more costly and demanding more time to complete than is frequently being stipulated from the outset. Based on these conditions, urban development projects demand effective cross-organizational collaborations to optimize the use of available expertise, the capacity to process data and information, and to optimize public interests (being monitored by democratically elected entities in democratic societies). Based on a study of a major urban development project in Gothenburg, Sweden, this article introduces the concept of syndicated leadership, derived from the concept of syndicated investment in the venture capital industry. Syndicated leadership is based on the centralization of decision-making authority and resource allocation to a team of leaders, each representing (in the case examined) a private corporation, a municipality corporation, or a municipality agency having specific responsibilities in the shared urban development project, but also being dependent on the capacity to coordinate and align project activities. As the case indicates, syndicated leadership demands new expertise and communicative capacities and political skills, but when implemented effectively, it holds the promise of avoiding costly and embarrassing urban development project failures as it makes better use of the expertise of the participant organizations and better accommodate public interests.
期刊介绍：
Construction Management and Economics publishes high-quality original research concerning the management and economics of activity in the construction industry. Our concern is the production of the built environment. We seek to extend the concept of construction beyond on-site production to include a wide range of value-adding activities and involving coalitions of multiple actors, including clients and users, that evolve over time. We embrace the entire range of construction services provided by the architecture/engineering/construction sector, including design, procurement and through-life management. We welcome papers that demonstrate how the range of diverse academic and professional disciplines enable robust and novel theoretical, methodological and/or empirical insights into the world of construction. Ultimately, our aim is to inform and advance academic debates in the various disciplines that converge on the construction sector as a topic of research. While we expect papers to have strong theoretical positioning, we also seek contributions that offer critical, reflexive accounts on practice. Construction Management & Economics now publishes the following article types: -Research Papers -Notes - offering a comment on a previously published paper or report a new idea, empirical finding or approach. -Book Reviews -Letters - terse, scholarly comments on any aspect of interest to our readership. Commentaries -Obituaries - welcome in relation to significant figures in our field.
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