During a crisis, leaders tend to hyperfocus on managing the threat and neglect long-range thinking. That’s a mistake because vision is critical both for evaluating short-term decisions and for creating a better future. The coronavirus pandemic has been a major disruption to the world economy. Some believe it will dwarf the effects of the 2008 […]
Archive for Crisis
As a leader, you are your company’s single greatest asset. While you’re guarding your health against the coronavirus, you must also deal with the stress and responsibility of running a business. It’s tough! This crisis threatens the mental and emotional resiliency of you and your team. Given the stress we’re under, is it even possible […]
As a leader, you’ve thought a lot about where to take your business in the next year. But major disruptions—like the coronavirus crisis—can upend your vision. It’s a disorienting time, and it’s tempting to just hunker down and try to survive. Is it even possible to have a vision for the future right now?
You’ve probably noticed the trend in the last week of businesses offering products or services for free to help out during the COVID-19 crisis. I applaud the impulse, but there’s a fatal flaw in the logic—the economy depends on people creating value and other people recognizing that value and willingly paying for it.
The opportunity to work from home sounds great! But the reality of being forced to make that shift on short notice can be stressful. Add to that the school closings, work-from-home spouses, and the general uncertainty of the times. It’s nerve-wracking! You may be wondering how to keep your sanity, let alone keep your focus.
The COVID-19 crisis has created a lot of uncertainty for business leaders. Nearly every business has been affected, some drastically. Many are dealing with a dropoff in sales, learning to manage remote teams, and tremendous instability. It’s frightening, exhausting, and really shakes your confidence.
Fiascos are inescapable. They happen. In this guest post, Tyler Ellis shares seven opportunities for those who are alert and open to learn.
While your organization may not currently be in crisis, it’s just a matter of time. Developing a plan for how you will respond is crucial. I honestly had rehearsed situations like this hundreds of times in my head. I learned four leadership lessons from this crisis.