Leading During Turbulent Times
In a recent blog I mentioned how critical it is for leaders to stay focused during tough times but of course, this is much easier said than done. I suggest that you all take a moment to think back on this past week. Where did you spend a majority of your time? What were the distractions that derailed you? What things got in the way of you getting done what you know needs to be done? Could you sense employees were distracted? What about your customers or clients? Did you pause to think through and communicate why certain decisions are being made or why changes are occurring?
Right now, the question from many of my clients is: How do you stay focused when everything around you is utterly chaotic? I remind them that as leaders and managers, it is their responsibility to create a sense of calm confidence to convey that no matter the current state, it too will pass and success is still possible and probable.
One technique is to communicate in smaller chunks. Always consider your key messages. I suggest organizing your thoughts around the following:
- Employee Energy – Ask yourself what is most important for employees to stay focused on this week and next? Identify what is currently draining energy and how can you as a manager influence it? Chances are there may be informal thought leaders in the organization that you can depend on to help spread positive messages so make sure to utilize them. Ignoring problems is a big mistake so determine the biggest worries employees have and address them even if it is just acknowledging there is nothing you can do.
- Customers – It’s important for leaders and managers to prioritize and establish which customers must be retained. Is there an executive sponsor assigned to each critical one? Determine ways to allocate or re-allocate current resources to these important customer relationships. Taking it one step further, make sure you know what your customers are concerned about. Perhaps it would be worthwhile to spend time just listening to them even if it is about something other than your own organization. You might be able to identify a hidden value that you can do or say to meet a particular need when others might be ignoring them.
- Products and/or Services – Determine the products that require immediate attention. What development can be sped up to produce revenue sooner? Can you give away a free product or extend a service to build loyalty? Conversely, this is also a time to re-evaluate whether there are some products or upgrades that might need to go into a holding pattern for the time being.
- Costs – Are there costs that can be delayed or cut? Perhaps there are investments that can be postponed? Now it’s important to remember that you do now want to make random cuts equally across the organization. Cutting equally is a silly exercise when you consider how important some initiatives or efforts are as compared to others. Tough economic conditions can provide us the opportunity to correct excesses and bad habits gained when the going was good. Remind employees to think more about cost savings. Reducing headcount should be a last resort especially during tough times. Building back your talent takes much more time than anyone ever anticipates and is a sure ‘jump ship’ signal to the rest of the organization.
As you take the necessary steps to strengthen your organization always make sure that you provide insight on both ‘what’ and ‘why’. Distill your messages into bite size pieces so your employees can grasp them, apply them and move on. Disseminate the information in every channel you have – intranet, memos, breakrooms, meetings, etc. Lack of this communication will only breed negativity and create additional problems.
As a leader, demonstrate a quiet confidence through your own body language (including tone and inflection) in meetings and other public areas. Remember that your actions often speak so loudly that people cannot hear what you are actually saying! Have faith that you can navigate through this period of instability and turmoil, but remember the importance of shifting your behaviors just like you must shift strategies when market forces demand.
Holly is the CEO of THE HUMAN FACTOR, Inc. (www.TheHumanFactor.biz) and is a highly sought after and acclaimed speaker, business consultant, and author. Her unique approach to creating strategic agility, helping others go slow to go fast, will change your thinking.