On
Leadership in Crises
Based on Harvard case study on
Great Earnest Shackleton and the epic voyage of endurance
Submitted by Team 9
Nilesh Mittal
Prashant Marathe
Narendra Reddy
Neeraj Rastogi
Date : 18.06.2014
Table of Contents
Executive Summary
Analysis & study on Questions
Was Shackleton was entrepreneur?
Other parallel leaders/ entrepreneur with Shackleton
What were the Shackleton’s strength & weaknesses?
Why people are today so interested in earnest Shackleton? What are the key take away from this study?
Conclusion & Recommendations
Bibliography
Leadership crises have long been an important topic in corporate, political, sports & military arena.
Nothing tests a leader like a crisis. The word itself originates from the Greek, which means “to sift or separate.” Crises have no borders or boundaries. They can happen anytime, anywhere, and to any organization. The interconnectedness of the global economy and its political realities can magnify the ripple effect of any single crisis. Because of their unpredictable nature and their accompanying ripple effect, crisis situations are unlikely to leave any organization untouched forever. It’s significant because the consequences of the situation will be decisive in determining the future of that individual or organization.
A crisis can quickly expose a leader’s hidden strengths and core weaknesses. Leadership during a crisis tends to be especially challenging due to increasing pressure from stakeholders, investors, and government alike.
Steve Jobs once said that ‘a leader is defined by how well they manage affairs of a company during the tough times and not how well they fair during the good times’.
As the “Fasten Seatbelts” sign goes off in the global economy and CEOs step out of their crisis-control command centers, they must now decide: Should we go back to leading from atop the organizational