How to be a good leader in a bad economy

In extraordinary moments of crisis like the one we are experiencing due to the coronavirus emergency, what characteristics must a leader have? The necessary resources that a leader must find in himself to be able to make important decisions for the organization and for others in difficult situations change compared to normal situations.

So, how to exercise leadership and how to be a good leader in times of severe social and economic crisis? Let’s find out together in this article. Today it becomes inevitable to reconsider the parameters with which we used to define leadership. Organizational systems are de-standardizing and there is great complexity and uncertainty, with many variables without clear solutions.

In these conditions, those in power find themselves faced with the fact that the management of people can no longer be linked to standardized systems: people need to find meaning in this situation, they need coordination and of understanding.

These activities are the responsibility of the leader, who however is not to be considered as a solitary figure. Loneliness for those in power is trivial, there is no solitary leader. A true leader knows how to leverage the internal variety of skills of the organization, through collaboration between people, to address the external variety.