Turn your world upside down.
Times of crisis often come with tough decisions for leaders, like the pressure to cut costs. And while budget cuts are something no leader wants to have to do, Quint Studer points out there’s an opportunity here organizations will want to seize. In this episode, Janet and Quint discuss how leaders can cut costs in practical ways and the unique opportunities we can glean from crisis times.
This episode will address questions such as:
- How can leaders plan for facing declining budgets and resources?
- Are there practical ways leaders can cut costs?
- What opportunities should leaders take advantage of in the wake of uncertainty?
Related Resources
Improvement & Innovation
When a team awakens to the real meaning and practice of a continuous improvement approach to make lasting change, team members begin to think about improvement possibilities differently. Getting away from initiative-centered thinking can be a challenge for organizations that may be accustomed to jumping from one episodic and silver bullet promise to the next. However, there is a better way.
What Best Leaders Do to Communicate with Employees During a Crisis
Depending on the size of the organization, the Executive Leader may not have direct contact with all employees. For smaller organizations executive leaders may run daily huddles. Therefore, the daily communication may not be as significant in this case. For larger and layered organizations, executive leader virtual broadcasts are vital.
Anticipating Change
Most of us recognize the difference between leading and managing change. While both are necessary to successfully operate in or implement change, leading change involves an element of anticipation. Anticipating change means leaders have enough foresight and information to know what is likely to happen, strategize, and guide the larger team to success, in preparation for the pending shifts.
Listen Intently
To meet 5 critical employee needs, effective listening is imperative. Employees desire a leader who cares about them personally and is committed to their success. When leaders spend time listening to team members, they’re in a better position to fully understand individuals’ ideas, help overcome barriers, and increase employee engagement.
Subscribe
