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Affiliation(s)

International Business School, Budapest, Hungary

ABSTRACT

We can find many cases in the scientific literature, where the leader (CEO) of a political or business organisation is being declared a "hero" or "damned" in the "court of history" upon his/her action(s). The case study presented here analyses a politician who was active in the first half of the 20th century, examining if his activity was ended with success or failure for the state he led. The analysis focuses only on the decisions taken in the two world wars that were relevant for the 'survival' of the organization he led. I examine his decisions that were made in a non 'business-as-usual' situation from the view if they helped or threatened the survival of the state he led in the short and long term. In a particular situation, the decision has to be taken by the leader there and then, and it may not be possible to change or improve the decision later on.

KEYWORDS

CEO, handling extreme situation, consequence of the decision, history, case study

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