Fear. Stress. Helplessness. Whether you’re caring for elderly parents or homeschooling your kids, people across the globe are struggling with big emotions during the COVID-19 situation. How do you lead well in times like these? While daily leadership is essential for your business, crisis moments reveal the quality of your vision like nothing else. And while you may be exhausted or overwhelmed, now is not the time to push pause on your leadership. What are the “next best steps” you can take in this hour of uncertainty? 1. Increase the Frequency of Communication During hard times, the frequency of communication should go through the roof . Even if you have bad news, it’s important to acknowledge this ASAP. While you may not have all the details, a prompt announcement can minimize speculation, reassure panicked contacts, and let people know that you are proactively addressing each challenge. 2. Be Authentic Now, more than ever, people are craving conn...
Want to liven up your next dinner party? Just ask people for their "worst boss" stories. Here are some painful (anonymous) stories from those who've lived to share: "When I was an intern at a PR firm, my manager would make me run her personal errands (pick up dry cleaning, ship things, drive her and her friends to SXSW events, etc.). She would get my attention by calling me 'Intern.' Needless to say, when they asked me to stay on full-time, I politely declined." "I once had a boss who multi-tasked in meetings by being on her phone and present in the meeting. In both 1:1's and in group settings she would shift her attention constantly from the speaker to her phone—back and forth, back and forth . . . At first, I just thought she was extremely busy, and it was the only way for her to get everything done—until one day, I caught her doing crossword puzzles on her phone while doing a check-in with me." "I once had a boss...
"The most dangerous kind of waste is the waste we do not recognize." – Shigeo Shingo When you think of "running lean," what comes to mind? For many entrepreneurs, running lean means producing great results on a shoestring budget. Traditionally, being "lean" has meant doing more with less. Lean business models are all the rage, especially for start-ups or for small regional firms. But recently, the concept has expanded. Today, a lean business model is a strategy that uses continuous planning and streamlined processes to address customer needs rapidly. Here is one working definition: A lean business model is a business strategy that strives to eliminate waste in products and processes while satisfying customer wants. In doing so, the business will receive more positive customer returns (like increased sales and goodwill) while expanding profit margins. Lean businesses are those that recognize inefficiencies, adapt quickly, and co...
Comments
Post a Comment