Leadership in Crisis
Pradeep Kathuria
Business Leader : Finance Business Partner : Strategy Planning : Coach and Mentor
Leadership in Crisis
Leadership enables in leveraging organization to achieve both strategic & operational goals adhering to core values & purpose involving all stakeholders?for sustainable growth in all times.
Leadership role during crises is to minimize risk & loss and ensures operations normalization in quickest time. Leadership in crises needs to step up, understand broader implications, go deeper, take decisive actions, and create working groups. During this process Leadership needs to take decisions to ensure smooth sail out from crisis.?Measure of Leadership is tested during crises.
Some of Leadership perspectives for effective decision making in crisis:
Setting Example
?Drive credibility, respect and power from their commitment of walk the talk. Exhibit empathy, caring, compassion.
?Decisive, Engage & Connect
Ensure stakeholder engagement in all decision making with clarity, honesty and integrity will feel them valued & inspired. ??Share rationale for decision making for better engagement & participation.
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Growth Mindset, Creativity & Adaptability
Drive organization to see opportunity in every crisis with clear direction & purpose. Develop road map to Rediscover, Reskill, Recreate, and Reinvent??& Reposition to ensure competitive advantage. ?Explore new opportunities of Markets, Products, Business Models, Leveraging Digital, and Cost Optimization & Analytics.
?Coaching Style
Drive Coaching style (directing to coaching). Coaching is needed more in uncertain times be get focused with clear direction, energies to be more productive on outcome , eye on vision with values & purpose, strengthen on listening for creative ideas & better engagement. ?
Align with Eco System
Drive a culture within the organization to align & leverage ecosystem as in today’s scenario sustainable performance & competitiveness can be done through collaboration, Co invention, Co creation.
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Leadership success lies in understanding new normal & environment, build confidence in the organization to drive change by focusing on core values & purpose. Leadership should drive any change or crises with attitude of challenge as a new opportunity & drive a principle of Co-existence aligning all stakeholders for sustainable future growth.?