Compassionate leadership emerged with the goal of restoring relationships between employees and leaders. According to Farhi Karakas and Emine Sarigollu, it is based on four paradigms of the common good in organizational research: morality, spirituality, vitality, and community. Described as a process of creating a virtuous cycle of encouraging and initiating positive change, it is embodied by making ethical decisions, creating meaning, inspiring hope, and fostering courage for positive action, and positively impacting the broader community. Compassionate leaders are those who create benefits, positive changes, and observable results for the common good of the organization.

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With over €2 trillion in outstanding loans, banks remained the primary providers of credit in 2021, according to the Bank of France. Given the sums involved, they place a borrower's ability to repay their debts at the heart of their concerns. The challenge is indeed to reduce the cost of risk and maintain the highest quality loan portfolio possible. From their perspective, the commitment—the contract by which the client acknowledges their debt and undertakes to repay it—is largely unaffected by risk. It specifies the debtor's repayment schedule as well as the reciprocal rights and obligations of both parties.
MAYMO Vincent - IAE Bordeaux |
- Management Dictionary
- Corporate and Market Finance