Audio By Carbonatix
In today's world of financial crises, currency fluctuations, and terrorist threats, coping with the unexpected isn't just a good leadership skill, it's critical.
Here are three ways you can improve your response to, and minimize the impact of, inevitable disruptions:
- Have a back-up plan. You may not always be able to rehearse Plan B, but you should have alternative approaches that can help get you out of a bind. In the absence of actual plans, mental flexibility can help you respond more quickly.
- Speed up communication. Information needs to move through your company quickly and efficiently. Find ways you can collect and disseminate data in short cycles.
- Instill values. Values help people know the right thing to do without being told or waiting for permission. They also bind a company together when surprises happen and therefore can help companies recover more quickly.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
CUTS warns GH¢12 demurrage surcharge on cement, raises serious cartel concerns
10 minutes -
Ato Forson thanks constituents for 18 years of support
34 minutes -
T-bills auction: Government exceeds target by 51%, interest rates fall again
37 minutes -
Avoid comparing governments, Catholic Bishops tell Chief Justice
1 hour -
140 migrants in single dinghy rescued in English Channel
2 hours -
FIFA president Infantino will stand for re-election
2 hours -
Catholic Bishops reject calls for Chief Justice’s resignation over political remarks
2 hours -
Germany’s far-right AfD set for big win in eastern state, just short of majority
2 hours -
Catholic Bishops urge Chief Justice to avoid remarks that could raise doubts about impartiality
2 hours -
Mrs Doris Emma Doryumu (Nee Dove)
3 hours -
Illegal mining concessions easier to obtain than lawful ones in Ghana – Prof Frimpong-Boateng
3 hours -
At least 5 dead after Amazon cargo plane barreled off runway at Miami airport
3 hours -
Frimpong-Boateng proposes Environmental Restoration Fund funded by mineral royalties
3 hours -
Corrupt individuals are worse than pathogens; their actions cause premature deaths – Prof Frimpong-Boateng
3 hours -
No illegal mining operation will find refuge on Akyem Essase lands — Chief declares
3 hours