Background: Organizations are constantly going through inevitable changes due to global crises that risk the organization's existence. Crisis management work is thus an important process that refers to how these crises are handled. Leadership is an important component during crisis situations as the leader's role determines what the crisis management work looks like and how effective it is. With the help of leadership skills and competencies, the leader can succeed in crisis management in a productive way. Purpose: The purpose of the study is to investigate and create a deeper understanding of how leaders handle organizational crises that arise because of global crises and the importance of different leadership competencies that are fundamental in crisis management. Method: The study follows an interpretivist paradigm and refers to the phenomenon of organizational crises and leadership. The study is based on the qualitative research method and has a deductive approach. Literature and scientific articles form the basis of the study's theoretical frame of reference. The empirical material of the study is based on five semistructured interviews with the CEO from different niche banks. Conclusion: Leadership is an important and crucial factor that affects crisis management in the organization when a crisis occurs. The leader's role is fundamental in how crises are handled, which leads on to crisis management. Crisis management efficiency depends on leadership skills and behavior that the leader chooses to have in order to adapt to the ongoing crisis. It is essential to possess leadership skills that can be applied during crisis situations and lead to effective crisis management. Furthermore, leaders can choose what behavior they have towards the crisis, which is also decisive for how the crisis is handled and how the results ofthe crisis management emerge.

<p>Savremene organizacije u svojoj svakodnevnoj brizi za isunjavanje postavljenih ciljeva sve češće očekuju od svojih zaposlenih, a naročito menadžera, da budu isključivo posvećeni organizaciji i njenom uspehu. Cilj ovog rada je prikaz konceptualnih i teorijskih pitanja koja se tiču povezanosti stilova upravljanja i stresa na radu kod menadžera, u koja spadaju definisanje navedenih pojmova i njihovo razgraničavanje od srodnih pojmova, pri čemu se stilovi upravljanja posmatraju sa stanovišta situacionog modela liderstva razvijenog od strane Hersija i Blanšarda, a stres sa stanovištva transakcionističke teorije stresa.</p> / <p>Modern organizations in their everyday care for the fulfillment of the goals<br />increasingly expect from their employees, especially managers, to be<br />exclusively committed to the organization and its success. The aim of this<br />paper is to present the conceptual and theoretical issues related to<br />connectivity management styles and stress at work with managers, a group<br />that includes the definition of these terms and their delimitation from related<br />concepts, with a management style viewed from the standpoint of situational<br />leadership model developed by Hersеy and Blanchard, and stress from the<br />viewpoint of transactional theory of stress.</p>