Compassionate Leadership as a Turnaround Strategy in times of Covid19

Abstract

BACKGROUND:

Covid-19 pandemic has disrupted the nature of work in different domains of human endeavour. There was a wide spread distress and pessimism among the employees working in different sectors of the economy. Such circumstances demand a compassionate leadership to help team members to unleash their potential necessary to successfully sail through this crisis and setting the stage for turnaround of business.

OBJECTIVE:

(1) To identify the key drivers of Compassionate Leadership

(2) To Analyse critical components of Compassionate leadership as a turnaround strategy.

METHODS:

An exploratory methodology was used to identify the key drivers of compassionate leadership by studying successful stories of various business enterprises which were able to turnaround their business performance during Covid-19 and also various papers were reviewed to identify critical components of Compassionate leadership as a turnaround strategy RESULTS:

The Study showed that crisis, cost, camaraderie and commitment are the key drivers of compassionate leadership. Knowledge of self and others, creating a culture of compassion, authentic actions of compassion represent the critical components of compassionate leadership as a turnaround strategy during Covid 19 for business recovery and excellence.

CONCLUSIONS:

The process of compassionate leadership varies from one organisation to another depending on the nature of business and sufferings of individuals in the organisation but the identified critical elements form a unified approach towards adoption of compassionate leadership as a turnaround strategy especially during Covid 19.