These are unprecedented times!
Everyone is concerned with the safety and well-being of their families and colleagues. The news seems to only get worse by the hour.
Most of us can’t simply hunker down, lock the doors, work from home and hope for the best. We have companies to run, businesses whose doors must open, employees and customer who count on us and supply chains to lead and manage
In a recent post on his Game Changers blog, Jason Jennings reflects on eight lessons about leading in a crisis, learned from a lifetime studying and watching remarkable leaders in good times, bad times and times of crisis.
You can listen to the full podcast here.
Jason’s eight key points are:
- Project your cash flows in detail for three, six and twelve months. Identify what resources you can call on for extra cash if needed. Be realistic.
- Project your revenue from all sources in the same way.
- Talk to staff, ask for their ideas on how to weather the storm.
- Complete scenario plans for best case, most likely and worst case. Identify the triggers for each scenario.
- What will you sacrifice to retain your staff?
- Be transparent from the outset. Communicate frequently with staff and other stakeholders
- Stay positive. Staff want you to lead not share worries that they can do little about.
- Be nice. Help others in business and life.
You can listen to the full podcast here.
Jason Jennings will speak at Leading At The Edge on 7th October 2020 at the Galmont Hotel, Galway, Ireland.