When one crisis attacks an SME, all efforts would be oriented to save it from being doomed. When two unsuspected crises outbreak, those efforts would be tripled, exhausted, and most of the time depleted. Luckily, after that, comes the joy of survival, a reward well-deserved! It is not every day that we hear about a pandemic twirled with a financial crisis. This is why, when those events had hit, most businesses were unaware that they would come out of this alive. Nevertheless, this is an opportunity to learn a valuable business lesson: survival strategies. Lebanon is a country that hugely depends on SMEs, and had been struggling with a financial collapse since October 2019, shortly before the pandemic had thundered. Left on their own in this ordeal, SMEs’ owners had to adopt either an autocratic leadership style or a participative one. This article explains them while adopting a quantitative approach to get to examine their effects on the Lebanese SMEs during crisis. The survey was conducted during October 2022 with twenty-two owners of students learning centers in Lebanon. This field was specifically selected because of its emerged necessity in strengthening students’ capabilities due to their reliance on distant learning for almost two years. The respondents were directly asked about their managing styles during this critical period. The results indicated that it is the situation itself that imposes which style is the best to be adopted.
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