Crisis Management And Business Management: Effective Leadership and Decision-Making Processes in Times of Crisis
Year: 2024
Type: article
Abstract: 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.
Authors: DIRIL, Pamir, Dr., KARADENİZ, Göksel
Institution: St Clements University Higher Education School
Language: English
Field: Decision Sciences
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W6911821973
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