Affiliation:
1. Western Governors University, USA
Abstract
This manuscript addresses three topics relevant to the field of leadership and strategy. The topics include the effect of individual and group decision processes on leadership decision-making, the newest directions and developments in the strategic leadership literature, and the effect of exogenous shocks such as COVID-19 on leadership decision-making. It includes a thematic literature review on individual and group processes in leadership decision-making. It addresses affective and cognitive processes, cognitive biases and heuristics, group decision-making, and affective and cognitive processes in individual decision-making. It describes the latest literature on strategic leadership decisions under uncertainty and artificial intelligence as an aid to decision-making. It includes a discussion of exogenous shocks such as COVID-19 on strategic leader decision-making. It also describes the impact of exogenous shocks on small and medium-sized enterprises, crisis management, stress on decision-makers, effective decision-makers, and leader behaviors that impact crisis decision-making.