Leadership is challenging even during good times, but when business takes a downturn it can become especially difficult. Here’s some advice for keeping morale healthy even when the business environment is looking sick:
• Share some good news. Tell employees the honest truth about what’s happening, but be on the lookout for any signs of hope you can share—an unexpected sale to a big customer or a money-saving idea. A little bit of positive news can have a big impact when everything else seems dark.
• Coach more. Spend more time with your employees on improving their skills and performance. Concentrate on what they do well so they don’t view your attention as “punishment.” Emphasize how coaching and training benefits them, not just your organization.
• Look for something new. Don’t keep repeating the same old strategies, no matter how well they worked in the past. Embracing new venues like Twitter and FourSquare may lead to new sources of revenue and growth, and learning them will give your employees something to distract them from their worries.
• Renew your focus on customers. Stop obsessing about your own problems, and look outside your company for ideas and opportunities. Talk to customers about their problems, and you may find new business opportunities you wouldn’t have thought of otherwise.
A very informative article to read. Thanks for sharing it. I hope to be here again to read more. See more at:- http://www.blanchardinternational.co.in/
ReplyDelete