Successful leadership practices during turbulent times

Abstract

Purpose During difficult economic times the media often highlight examples of failing or failed business organizations. In some cases the demise of corporations is examined in considerable detail often resulting in the following take‐home messages: these are the sins that have brought about your failure; and if things had been done differently you might still be a viable company. This paper aims to point out success stories from creative leaders who successfully navigated through challenging environments. Design/methodology/approach The paper draws on existing cases from the literature highlighting leaders who led their organizations to positive ends during turbulent times. Findings There are opportunities for company success despite difficult business environments. Originality/value It is rare to read about successful leadership practices during turbulent times. Yet, they do exist. The overwhelming number of examples and cases written about, however, are indeed in the negative direction, not the positive.