Crisis Management And Business Management: Effective Leadership and Decision-Making Processes in Times of Crisis
Crisis moments in corporate management are pivotal instances that test the competencies and strategic decision-making abilities of leaders and managers. This research seeks to analyze the impact of proficient leadership and decision-making processes on enterprises during crises. This study, underpinned by a literature analysis and case studies, assesses the role of leaders in crisis management and the influence of decision-making processes on corporate sustainability. The research underscores the significance of strategic thinking, rapid decision-making, and adaptable management strategies during crises, highlighting their crucial role in ensuring the long-term success of the firm and its resilience in overcoming challenges. The significance of leaders' communication, motivation, and guiding abilities in enhancing the efficacy of crisis management procedures during critical situations is also examined. The results provide recommendations for corporate managers to cultivate successful leadership and decision-making strategies amid crises.
Institutions
- St Clements University Higher Education School (NU)
Publication Details
- Journal
- Zenodo (CERN European Organization for Nuclear Research)
- Published
- 2024-10-05
- DOI
- https://doi.org/10.5281/zenodo.13892335
- Primary Topic
- Pharmacological Effects of Natural Compounds
- Type
- article
- Field-Weighted Citation Impact
- 0.00