@article{10.11648/j.sjbm.20231103.11,
  author = {Reginald King},
  title = {The Advantage of Using Strategic Foresight in Leadership Networking Throughout the Global Gentrification Process},
  journal = {Science Journal of Business and Management},
  volume = {11},
  number = {3},
  pages = {104-110},
  doi = {10.11648/j.sjbm.20231103.11},
  url = {https://doi.org/10.11648/j.sjbm.20231103.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.sjbm.20231103.11},
  abstract = {Research notes that while gentrification has been established and trendy in the U. S., its influence has traveled beyond U. S. inner cities to locations worldwide. The study reveals that gentrification has been embraced as a global urban strategy, connected to how countries can decrease poverty and increase economic growth in underdeveloped communities. The study has linked this new global urban strategy to what is termed new urbanism. Gentrification has affected the population by revitalizing abandoned houses, commercial buildings, and empty lots in low-income communities. With the introduction of investors, developers, and affluent potential residents eager to invest and purchase, these communities create potential new businesses, jobs, and careers while increasing property value and tax revenue, benefitting the community and its low-income residents, the city, and the population overall. Studies also note that with the revitalization of these communities, they often become welcomed tourist destinations among the broad population. Many studies have demonstrated that well-educated and affluent suburbans are relocating to inner cities, where low-income persons and families have resided for decades. This new segment has increased investment and development by investors and developers of small and global businesses seeking to generate new profits. With these new expansions, studies show that investing and developing leaders are receiving resistance and conflicting with communities’ long-time residents, community leaders, local businesses, and organizations. This resistance is causing developers and investors to lose time and money and receive negative publicity due to protests and negative press. This study will demonstrate a strategic approach that leaders can utilize to address conflict before, during, and after the gentrification process utilizing networking. The article will also address the importance of networking and its use of crystalized communication to dissolve conflicts and issues arising during gentrification with developers, investors, community leaders, and community residents. The article will demonstrate how utilizing strategic foresight will assist leaders in predicting the possibility of these negative encounters and planning in advance for resolutions.},
 year = {2023}
}

Copy | Download

TY  - JOUR
T1  - The Advantage of Using Strategic Foresight in Leadership Networking Throughout the Global Gentrification Process
AU  - Reginald King
Y1  - 2023/07/26
PY  - 2023
N1  - https://doi.org/10.11648/j.sjbm.20231103.11
DO  - 10.11648/j.sjbm.20231103.11
T2  - Science Journal of Business and Management
JF  - Science Journal of Business and Management
JO  - Science Journal of Business and Management
SP  - 104
EP  - 110
PB  - Science Publishing Group
SN  - 2331-0634
UR  - https://doi.org/10.11648/j.sjbm.20231103.11
AB  - Research notes that while gentrification has been established and trendy in the U. S., its influence has traveled beyond U. S. inner cities to locations worldwide. The study reveals that gentrification has been embraced as a global urban strategy, connected to how countries can decrease poverty and increase economic growth in underdeveloped communities. The study has linked this new global urban strategy to what is termed new urbanism. Gentrification has affected the population by revitalizing abandoned houses, commercial buildings, and empty lots in low-income communities. With the introduction of investors, developers, and affluent potential residents eager to invest and purchase, these communities create potential new businesses, jobs, and careers while increasing property value and tax revenue, benefitting the community and its low-income residents, the city, and the population overall. Studies also note that with the revitalization of these communities, they often become welcomed tourist destinations among the broad population. Many studies have demonstrated that well-educated and affluent suburbans are relocating to inner cities, where low-income persons and families have resided for decades. This new segment has increased investment and development by investors and developers of small and global businesses seeking to generate new profits. With these new expansions, studies show that investing and developing leaders are receiving resistance and conflicting with communities’ long-time residents, community leaders, local businesses, and organizations. This resistance is causing developers and investors to lose time and money and receive negative publicity due to protests and negative press. This study will demonstrate a strategic approach that leaders can utilize to address conflict before, during, and after the gentrification process utilizing networking. The article will also address the importance of networking and its use of crystalized communication to dissolve conflicts and issues arising during gentrification with developers, investors, community leaders, and community residents. The article will demonstrate how utilizing strategic foresight will assist leaders in predicting the possibility of these negative encounters and planning in advance for resolutions.
VL  - 11
IS  - 3
ER  - 

Copy | Download