2020 has been a real test of strength for leaders. Managing a company during times of uncertainty requires not only leadership acumen, but also the ability to find a balance between maintaining business efficiency and caring for employees.
In 2020, two main stages can be virtual phone number service distinguished, each with its own tasks.
Mission 1: Survive the Crisis
The first priority is the need to ensure business safety, organize work in quarantine or emergency situations. In these circumstances, it is important for the manager to maintain composure and avoid rash decisions. When everyone is panicking, the leader's task is to demonstrate calm, identify important areas of work and organize activities so that employees do not forget about their responsibilities.
During a crisis, companies should look for alternative approaches to doing business. The most important thing in the current situation is to preserve resources, a niche in the market, and adapt to changes as quickly as possible. At the same time, it is important for subordinates to see that their leader is a living person who is also not indifferent to difficulties, is devoted to the team and the common goal.
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Mission 2: Catch Up
If your employees are engaged and motivated, this will help you quickly regain lost ground and move forward. At this stage, it is important to pay attention to the management style, the quality of hiring and the personnel motivation system.
Wise Chinese say that a period of crisis is not only new challenges, but also always new opportunities! To achieve success, it is important to be flexible, to combine several approaches in work. Prompt and decisive actions, direct instructions of the manager move the company forward, invigorate employees, instill faith in the stability of the company. During this period, it is especially important to identify and motivate the most valuable specialists for the company. By maintaining the average level of salaries, but increasing the motivation of key employees, based on their performance and contribution to the common cause, we ensure a high level of quality of work and staff loyalty.
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The current political and economic situation is generally negative, but has affected different business sectors in different ways. Some have significantly rolled back, while others (e.g. e-commerce and delivery) have been able to see opportunities for growth. It is obvious that the unfolding crisis is leading to a demand shock: incomes are falling, most people are forced to reduce consumption. Investment in new projects, the intensity of work and the profitability of companies are significantly reduced.
However, during this period, it is important to look ahead and see the prospects, implement new approaches to personnel management, which may have been previously postponed due to lack of time or energy. Personnel assessment will help identify the strengths and weaknesses of your team, find risk points and areas of immediate development. An experienced coach will use them to develop a system for personnel development and training, and you will show employees that they are important to the company during this difficult period. And when the market recovers, you will have a team at your disposal ready to develop empty and weakened niches together with you, and lead the company to a successful takeoff.
During times of uncertainty, it is also important to monitor the labor market, the position and condition of your company and competitors. Salary research will help you stay in the market .
The winners will be those who quickly adapt to the crisis and integrate new trends into their culture. Crises have been, are and will be. But everyone will feel differently after them. Our company motto is: “We always find!” We will find a solution that will help your business become stronger and more resilient in an era of change.
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