Crisis leadership towards entrepreneurial success: a Sri Lankan perspective [version 2; peer review: 2 approved, 4 approved with reservations]
Modern business environments are characterized by regular crises, and much attention is paid to understanding why certain individuals and businesses endure while others do not. It has been the entrepreneurial ability to see a crisis as an opportunity that has led to many successful business stories...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
F1000 Research Ltd
2024-06-01
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| Series: | Routledge Open Research |
| Subjects: | |
| Online Access: | https://routledgeopenresearch.org/articles/2-21/v2 |
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| Summary: | Modern business environments are characterized by regular crises, and much attention is paid to understanding why certain individuals and businesses endure while others do not. It has been the entrepreneurial ability to see a crisis as an opportunity that has led to many successful business stories emerging from adversity, such as the recent coronavirus disease (COVID-19) pandemic. Much of the discussion on the subject centres on the abilities and some essential attributes found in leaders and entrepreneurs. Their ability to face such problems is explored in the context of two cases reported in Sri Lanka. The value of crisis leadership and its function in developing entrepreneurship in challenging situations like the COVID-19 pandemic are discussed in this essay. To expand on this point, the authors use the case of Sri Lanka, which not only faced the pandemic but also an economic crisis and political upheaval during the same period. |
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| ISSN: | 2755-1245 |