Running Your Business During a Crisis: What Can We Learn from Crisis?

In today’s podcast, we ask, “What can we learn from crisis? Can it teach us about our leadership style and our business resilience?”

A strong vision, courage, integrity, humility, strategic planning, team management, and focus make a good leader. Great leaders find the balance between business foresight, performance, and character. So, when there is a crisis, the team would expect the leader to use all of these qualities to inspire them and offer direction.

Your business can be faced with crises like COVID-19, service failure, or PR damage. How you respond says more about who you are and how you lead, than it does about the problem itself. It is challenging and emotionally disturbing with a crisis like the COVID-19 pandemic strikes. This type of crisis has never happened before and was sudden. The pandemic is unfamiliar and uncertain; there is a need for effective responses and strategic behavior from business owners.

Business owners learn from crises and they should develop a fundamental crisis response plan. You can find out more about developing a business crisis plan by visiting my website, olindaservices.com/blog, and search for the keywords “business crisis.”

Today let us focus on what a crisis reveals about our leadership style and business resilience.

 Here are three thoughts to provoke you, two ideas to inspire you, and one item to act on!