Enhancing Economic Resilience and Competitiveness in the Baltic Region: A Proactive Organizational Transformation Approach

• In Event: Economic and Technological Transformations

Abstract

This paper delves into the economic significance of proactive organizational transformation, with an emphasis on its broad-ranging impact on the business and economic landscape of the Baltic countries. The research transcends the confines of the manufacturing sector, offering insights that are applicable to various business domains, thus contributing substantially to the economic development and resilience of the Baltic region.
Central to this study is the exploration of the mechanisms and processes that govern proactive transformation within organizations and their ecosystems. The research highlights the crucial role of organizational resilience and proactive transformation competence, which are pivotal in navigating the complexities of the modern business environment. By fostering these elements, organizations can significantly enhance their adaptability and sustainability, leading to improved economic outcomes through their network of ecosystem connections.
The study reveals that the enhancement of organizational attention, sensemaking capabilities, and environmental awareness processing is not just beneficial for individual organizations but also for the economic ecosystem at large. This approach facilitates more effective and sustainable transformation efforts, crucial for the economic longevity of the Baltic countries in an increasingly competitive global market.
This paper provides actionable insights and strategies for organizations across the Baltic region. These strategies are geared towards developing capacities for effective transformation initiation, thus enhancing organizational resilience and competitiveness. Consequently, the findings of this study hold significant economic implications, offering a pathway for businesses in the Baltic countries to thrive in a dynamic global environment, thereby contributing to the region's overall economic prosperity and stability.

Short Bio

Dr. Gediminas Baublys holds a doctoral degree in Management and is a seasoned organizational change expert. His career spans significant roles in private and public sectors of Lithuania, with a keen focus on strategic transformation in the Baltic business landscape.
As the former Head of Strategic Change PMO at The Office of the Government of the Republic of Lithuania, he was instrumental in forming the Strategic Change Centre of Excellence, driving the strategy for change projects and portfolio management within the government sector.
In the private domain, Gediminas has held senior management roles in global IT and telecommunications companies, spearheading business transformation, culture change programs, and strategies for performance improvement, business development, and revenue growth.
Serving as an Assistant Professor at Vilnius University, Gediminas imparts the art of change management to upcoming leaders, providing them with the necessary knowledge to navigate organizational changes in a turbulent business environment. His scholarly pursuits delve into business ecosystems, organizational change, and digital sustainability.
His leadership roles in the Association of Change Management Professionals and The Change Management Institute underscore his commitment to advancing the change management discipline and contributing significantly to societal progress.

Author

• Gediminas Baublys, Vilnius University