Leadership Decisions During Environmental Turbulence Case Study

Leadership Decisions During Environmental Turbulence: A Quantitative Approach “The huge explosion of global derivatives set the context in which risk management and corporate governance were abandoned by major financial institutions” (Sun, Stewart and Pollard, 2011, p. 17). Executive Leadership and Board Members of organizations came under close scrutiny following the financial crisis in 2008. Beginning in the US, this 2007-2008 global crises began in the sub-prime market, and had a domino effect across the world. Poor leadership and corporate governance controls were brought into question. Many countries reviewed their policies, followed by companies that wished to avoid a repeat of this disaster. The question remains as to how top leadership
Emphasis on leadership behaviors during crisis will improve understanding of this phenomenon, which can lead to augmented leadership training in stable environments, and crisis circumstances. Greater understanding of behaviors can lead to the creation of improved training and internal policies, resulting in enhanced strategic planning to ensure organizations remain sustainable, no matter their internal and external
Cooperrider and Srivastva (1987) developed the Appreciative Inquiry Theory (AI) during the early 1980s to promote positive individual and group changes within organizations (Cram, 2010, p. 2). Designed to motivate behavioral changes that focus on approaches geared toward finding creative group solutions in contrast to an emphasis on solving problems, AI provides leadership with new tools for organizational sustainability and growth (Cooperrider & Srivastva, 1987, p. 129). Four separate, but integrated tools were posited to create a desirable new reality in contrast to that which is present in the organization. These tools encompass the “AI 4-D Cycle of Discovery, Dream, Design, and Destiny (MacCoy, 2014, p. 108). This theory is also founded on several specific principles that incorporate the Constructionist Principle Reality, which maintains that reality is developed through specific language usage (Cram, 2010, p.2). The Simultaneity Principle advocates that one can alter outcomes immediately after a question is presented, while the Poetic Principle accentuates the outcomes of a course of action based on the focus of attention (Cram, 2010, p. 2). The Anticipatory Principle emphasizes the success of the