Facing the devastating Covid-19 pandemic that has hit the world in recent years and the "new normal" as a result has forced organizations to face new business conditions and human management challenges. Consequently, modern leadership in organizations is facing unpredictable circumstances but also the arrival of a new generation of employees in the labor market. The aim of thesis is to investigate the desirable traits of a leader in crisis conditions caused by the Covid 19 pandemic from the perception of students of generation "Z" as potential future employees. The results of this research can greatly contribute to the leadership of generation "Z" employees who will be increasingly present in the future labor market as well as their leadership in crisis situations as potential threats to future business. The theoretical part of the paper consists of three chapters. The first chapter defines the characteristics of generation "Z" members, their advantages and disadvantages and the specifics of managing the new generation of employees. The second chapter, which defines the concept of leadership, includes the conceptual definition of leadership and the basic features of the leader. Also, selected leadership styles are defined with an emphasis on a leadership-based approach. The specifics of crisis management are defined in the third chapter, which includes the conceptual definition of business crisis, types of business crises, the role of leadership in crisis situations and ultimately the characteristics of the crisis caused by the Covid-19 pandemic. For purpose of determining the desirable traits of a leader in crisis conditions caused by the Covid19 pandemic from the perception of generation “Z” students, an empirical study was conducted using a survey questionnaire that was distributed electronically to students of different study programs. The research results show that the new generation of students considers leadership qualities extremely important, especially in times of crisis. In their opinion, intelligence, determination and courage stood out as the most desirable qualities of a leader in crisis conditions.