When you own a business, it is inevitable that at some point you will experience crisis and disruption. The question to ask yourself is, should I pull back or lean in? Being afraid in uncertain times is normal, but fear doesn’t have to define your response. When seasons of crisis come, you can strategically pivot […]
Archive for Crisis
The No. 1 Mistake Leaders Make in Crisis
During a crisis, leaders tend to hyperfocus on managing the threat and neglect long-range thinking. That’s a mistake because vision is critical both for evaluating short-term decisions and for creating a better future. The coronavirus pandemic has been a major disruption to the world economy. Some believe it will dwarf the effects of the 2008 […]
How to Be Resilient in Tough Times
As a leader, you are your company’s single greatest asset. While you’re guarding your health against the coronavirus, you must also deal with the stress and responsibility of running a business. It’s tough! This crisis threatens the mental and emotional resiliency of you and your team. Given the stress we’re under, is it even possible […]
Why Vision Matters in Crisis
As a leader, you’ve thought a lot about where to take your business in the next year. But major disruptions—like the coronavirus crisis—can upend your vision. It’s a disorienting time, and it’s tempting to just hunker down and try to survive. Is it even possible to have a vision for the future right now?
Why You Should Still Be Charging for Your Products
You’ve probably noticed the trend in the last week of businesses offering products or services for free to help out during the COVID-19 crisis. I applaud the impulse, but there’s a fatal flaw in the logic—the economy depends on people creating value and other people recognizing that value and willingly paying for it.
How to Balance Remote Work and Family Life
The opportunity to work from home sounds great! But the reality of being forced to make that shift on short notice can be stressful. Add to that the school closings, work-from-home spouses, and the general uncertainty of the times. It’s nerve-wracking! You may be wondering how to keep your sanity, let alone keep your focus.