Being an entrepreneur, being a leader (Taking charge with a Calmer Mind)
Core leadership behaviours defeat the crisis:
1 People First Approach
Are you giving employees clarity about job security and reducing fear?
2 Visibility
Have you considered of planning a campaign on social media to continue generating visibility
3 Creating Leaders
Are you also working on creating back up while you run the show as a leader during crisis ? or you going alone therefore might have a blind spot in terms of survival strategies for all areas.
4 Strategic planning
Do you have a strategy in place to keep team clam and motivated which in-turn increase the productivity of team
5 Collaboration
Once again, are you STILL GOING SOLO?? or now have you opened your mind towards collaboration ?
6 Diversify revenue
Have you looked over your customer mix vertical and horizontal increase of revenue stream?? your revenue shouldn’t be heavily dependent on a few customers
7 Link crisis management and management of financial resources
Do you have robust financial contingency plans to manage current and short term liquidity crunch which is foreseen in the current scenario?
A crisis can strike at any time, and so a proactive leader benefits to success.
Advanced planning is Key to Survival