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: Shehani Joseph, Isuru Koswatte
Format: Article
Language:English
Published: F1000 Research Ltd 2024-06-01
Series:Routledge Open Research
Subjects:
Online Access:https://routledgeopenresearch.org/articles/2-21/v2
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author Shehani Joseph
Isuru Koswatte
author_facet Shehani Joseph
Isuru Koswatte
author_sort Shehani Joseph
collection DOAJ
description 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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spelling doaj-art-8433d26462434c848da99ccef1be5fbd2025-08-20T01:58:51ZengF1000 Research LtdRoutledge Open Research2755-12452024-06-01210.12688/routledgeopenres.17819.219688Crisis leadership towards entrepreneurial success: a Sri Lankan perspective [version 2; peer review: 2 approved, 4 approved with reservations]Shehani Joseph0https://orcid.org/0009-0001-9677-278XIsuru Koswatte1https://orcid.org/0000-0002-1807-1996Department of Management, Faculty of Business, NSBM Green University, Homagama, 10200, Sri LankaDivision of Management, Organisations and People, School of Business and Creative Industries, University of the West of Scotland, Paisley, PA1 2BE, UKModern 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.https://routledgeopenresearch.org/articles/2-21/v2Crisis management Crisis leadership Entrepreneurship COVID-19 Resilience eng
spellingShingle Shehani Joseph
Isuru Koswatte
Crisis leadership towards entrepreneurial success: a Sri Lankan perspective [version 2; peer review: 2 approved, 4 approved with reservations]
Routledge Open Research
Crisis management
Crisis leadership
Entrepreneurship
COVID-19
Resilience
eng
title Crisis leadership towards entrepreneurial success: a Sri Lankan perspective [version 2; peer review: 2 approved, 4 approved with reservations]
title_full Crisis leadership towards entrepreneurial success: a Sri Lankan perspective [version 2; peer review: 2 approved, 4 approved with reservations]
title_fullStr Crisis leadership towards entrepreneurial success: a Sri Lankan perspective [version 2; peer review: 2 approved, 4 approved with reservations]
title_full_unstemmed Crisis leadership towards entrepreneurial success: a Sri Lankan perspective [version 2; peer review: 2 approved, 4 approved with reservations]
title_short Crisis leadership towards entrepreneurial success: a Sri Lankan perspective [version 2; peer review: 2 approved, 4 approved with reservations]
title_sort crisis leadership towards entrepreneurial success a sri lankan perspective version 2 peer review 2 approved 4 approved with reservations
topic Crisis management
Crisis leadership
Entrepreneurship
COVID-19
Resilience
eng
url https://routledgeopenresearch.org/articles/2-21/v2
work_keys_str_mv AT shehanijoseph crisisleadershiptowardsentrepreneurialsuccessasrilankanperspectiveversion2peerreview2approved4approvedwithreservations
AT isurukoswatte crisisleadershiptowardsentrepreneurialsuccessasrilankanperspectiveversion2peerreview2approved4approvedwithreservations