Chapter 1: The Role of Hybrid Leadership Style in Uncertain Market Turbulence
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Published:2024
Syed Far Abid Hossain, Arfan Shahriar, Nazmul Hasan Wanjan, Dewan Nailat Islam Neera, Juairya Ashger Khan, Zarin Tasnim Nira, 2024. "The Role of Hybrid Leadership Style in Uncertain Market Turbulence", Creating Pathways for Prosperity, Richa Goel, Tilottama Singh, Md. Mashiur Rahman, Quazi Tafsirul Islam, Sukanta Kumar Baral
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Abstract
In this research, we magnify the role of hybrid leadership style in facing uncertain turbulence in the market. Due to the rapid change in innovation and other macroeconomic developments, the already existing market turbulence has become uncertain. This uncertainty has further been accentuated by recent events like COVID-19 and Russia–Ukraine invasion. One solution that is crucial in facing this uncertainty is effective leadership. However, taking the wide groups of individuals present in the market into account, this leadership has to be tailored for each, and this is where the topic for this research, hybrid leadership style to face uncertain market turbulence, comes to play. Here, we gather the existing roles of different leadership styles in different businesses that help in facing the uncertainties and explore the possibilities of new ones. This work can therefore act as a guide to practice hybrid leadership style during market turbulences where following a single specific style may prove unhelpful or lead to dissatisfaction and even aggravation.
