Towards Systemic Leadership Resilience: Proposing the Hybrid Artificial Intelligent Leader in Response to Economic Crises

Abstract

Researchers now understand that the Great Recession stemmed from a “systemic leadership failure,” involving various entities such as the government, financial institutions, investors, homeowners, and regulators. Consequently, traditional leadership approaches of the time came under intense scrutiny, necessitating a shift in leadership perception and mentality. This paper conducts a comprehensive examination of existing literature on the primary leadership approaches prevalent before, during and after the global economic and financial crisis era (i.e., 2007–2009). The study aims to synthesize existing approaches and explore new leadership paradigms necessary to foster a more inclusive, prosperous, and responsible business environment. Furthermore, through critical analysis, this paper proposes a new type of leader capable of predicting, avoiding, and effectively overcoming potential future economic crises: the hybrid artificial intelligent (AI) leader. Considering contemporary technological advancements, the study contributes to the theory by providing a description of the proposed innovative leadership approach and justifying its effectiveness in addressing economic crises.