Is your company ready for the next crisis?
Grey rhinos are events that are around us, but we may not notice. It is important for leaders to see them before they become crises.
Grey rhinos are events that are around us, but we may not notice. It is important for leaders to see them before they become crises.
Do you have a plan for moving forward if turbulent times don’t even out and become “normal” again? You should.
The last couple of years have proven the need to be agile and ready for anything, but are you properly prepared?
In times of crisis, people change their behavior, including leaders. Awareness of these principles should help you make better decisions.
There is a whole industry built around the power of positive thinking, but it is also important for leaders to be realists.
Leading through crisis is difficult, but we have studied those companies that have prepared and identified three common principles.
In times of crisis it is extremely important for the people you lead to see you practicing self-care. If you don’t model healthy behaviors, it will be apparent to your teams.
Managing in crisis requires you to slow down and stay calm. This is an exercise to see if you are too quick to make decisions.
To insulate yourself from future market disruptions, it is critical to build flexibility into every aspect of your organization.
We have studied companies that were more successful during the pandemic to identify what they were doing differently. To test if you are doing the right things to be future-ready, you should look at these questions.
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