If there’s any one question that business leaders are asking each other nowadays, it’s this: What are you doing during COVID-19 to survive?
The most successful, disciplined leaders tell us that two things are vital to their forward momentum: 1) a solid recovery plan and 2) a proven accountability system.
Let’s be real. There’s no such thing as certainty for any business. Recessions come and go. Bubbles burst. External impacts transform industries and organizations, seemingly overnight. Pandemics put economic well-being at risk, not to mention life itself
What’s one commonality among the world’s greatest leaders? They are master communicators, and especially in times of crisis. To move your company toward recovery, all leaders must learn to master the art of communication.
If today’s leaders all stay down in the dumps, keep pushing the panic button, and focus on the COVID-19 doomsday possibilities, it will be impossible for them to stabilize their organizations and recover. So what are truly disciplined leaders doing?
We’re certainly not out of the economic downturn and its challenges such as cash flow, supply chain issues, staffing and employee satisfaction, but as we inch closer to stability, smart leaders will take a necessary pause to evaluate, plan and adapt.
For most leaders today, cash flow is top-of-mind as organizations scramble to respond and remain proactive to COVID-19’s economic impacts. Need immediate structure around managing your cash flow? Try these strategic steps:
What do the best leaders have in common? The answer is one word: Discipline. A disciplined leader is one who identifies and focuses on the Vital Few: the 20% of activities that will drive 80% of the results. Learn More
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