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Actions for Leaders and Managers
As leaders and managers, we are all having to find new skills or draw on past experiences to navigate our way through these difficult times. We may have to adapt ourselves to face difficult questions and help others understand the impact of the Covid-19 changes that we are having to make to our business.
I’ve been thinking about what leaders and managers need to embrace through this time, here’s my stab at what I think is important.
- Review your income sources – what is likely to happen with income streams – can you rework your estimates for income over the next 3 – 4 months? Its obvious that you need to minimise business expenses. Everyone is cutting out or cutting back on subscriptions, supplies, and other items.
- Put the well-being of your staff first – that includes you. Make sure you are following the guidelines and rules.
- Lead by example: if you need to take time away from the conference calls, video chats and productive work to tend to children or oldies, then do that and allow others to do the same.
- Remember this is temporary – now is a good time to think quietly and plan for the future. Can you put together a ‘back to black’ plan: marketing, sales, production, staffing levels. Is it time for a refresh of your current approach to how you do business?
- If possible, work in collaboration with staff to work out the best way to proceed, they may have some great ideas. Take a balanced approach to what is being requested and what is realistic.
- Some say to embrace uncertainty, navigate complexity and ‘run towards the fire’ but my approach is to avoid the corporate speak and do what you need to do to get through this difficult time. From my point of view, is that it is pointless saying ‘embrace uncertainty’ – I’m more of an action-oriented person so want to do practical things that will move by business in the right direction.
Stay safe.
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