Source | www.inc.com | MARCEL SCHWANTES
Effectively leading during uncertain times is a daunting task. Employees are scared and anxious. They’re either working remotely amidst interruptions or putting themselves in harm’s way on the frontline.
They might be adjusting to new strategic priorities, new processes and procedures, new managers and teammates, and new KPIs.
In spite of all this change and uncertainty, companies need to find ways to motivate and engage their employees — while also ensuring their health and welfare. It’s a tall order, but it is possible. A well-known Harvard Business Review study found that nine percent of companies actually flourished after a slowdown.
What do successful companies do that you can learn from? They adapt to changing circumstances. According to The Predictive Index’s Surviving an Economic Downturn With Talent Optimization guide, aside from taking health precautions, the best way to take care of your people is to ensure your company is resilient.
“As you make drastic changes to position yourself for stability and eventual growth, have the confidence to tackle your challenges head-on,” said Mike Zani, CEO of The Predictive Index. “Amidst all the uncertainty, at least I can say one thing’s for sure: Those who come out of this downturn will come out stronger and better than ever before.”
Here are four things to look for in resilient managers tackling major decisions daily:
1. Maintain frequent, transparent communication with employees
In times of crisis, the more you can communicate the why behind the changes you’re making with as much transparency as possible, the more you can build trust. Having trust in the company’s senior leaders is a primary driver of employee engagement.