Talent in a Time of Crisis
We have been or are in a time of crisis and depending on your industry this is a different experience. One this is for sure there is instability in crisis and below I have put down some ideas about managing your teams during crisis.
Accept and Respond
Ok first things first. Don't ignore it. You need to say you know what's happening and how you as a person and as a team can best respond. This will mean having at least the skeleton of a plan based on what things are necessary and essential to do, how you will change the way you do them and who is going to be doing what. Add certainty.
Be Transparent
Your business might not be in great shape but the team might think it's on the brink of collapse. It helps to tell the team the headlines of business position the financial outcomes needed and how that ties into the plans to stabilise and recover. The more you do this the more trust you build and this forms the basis for a stealth team knowing their efforts are critical to success. Add Trust in you.
Try to Win (not survive)
Many things you have to do to just to survive are not very motivating. Try to think of the have to do's in different ways - for example you might have to call customers to chase invoice payment, but if you do that with a mind to increasing your understanding of their business with a mind to developing future projects it's forward looking.
Try to position every activity in the crisis as a foundation for a good peace time practise too. If you stop doing things in crisis and the business is not harmed that's great to - make it clear to the team that crisis is the best time to get rid of old and inefficient processes and to blueprint the future. They are part of the business design of a successful future. Build for tomorrow.
Change Your Expectations
You have to support yourself and your team. Clearly communicate how your will change your modus operandi and tell the team how their performance will be assessed and that you are flexible in how everyone meets their objectives.
Its critical to let everyone know that you understand that life is tough but also that they have a job and you expect them to do it. This is hugely important as everyone needs to know they are adding value especially in a time of crisis. Work obligations add certainty - just make sure you are flexible on the how (not on the what). You trust them.
Stay Connected
While everything is going crazy try to maintain critical comms. Use the phone, use messenger, open up your life a bit more to be available and be aware that teams have a tendency to support each other but sometimes need s bit of motivation. I have seen some great bonding done around weekly food deliveries, online zoom-ercising and just end of week chats. We are natural communicators so support it don;t force it. Be available.
Cuts Are Painful (Uncertainty is Stressful)
If you know that there is no way to avoid reducing resources, cutting salaries or even letting people go just be honest and be quick. If you have done everything above your team members understand and you have done everything possible but in order to increase the chances of success these changes have to be made. These are truly horrible conversations to have and decisions to make but when done honestly and clearly with a view to the future of the business they will be understood in time. Be honest.
Everyone has a Future - Support It.
Finally whether people leave to secure a more certain future elsewhere or you had to let them go for business survival make 100% sure that the only things you say, do, write or reference are positive. It is your job as a future manager, current manager and past manager to find, motivate, develop and support your team. You can sometimes do this even better after they leave. Be there.
Hope this helps! https://www.dhirubhai.net/in/jamesient/
CFO APAC Venues and Operations | CFO Global Market Data
4 年Laura Binns nice to chat today
Advance your business in Asia. With Asia’s premier professional services specialist
4 年I find that agility, resourcefulness and ability to respond to a baseline shift are key during this period. Decentralize decision making to enable the persons on the front line to make the call. Management must remain nimble and humble and accept the new normal.
On Maternity Leave - Divisional Manager at WeAreAspire - helping you find the best talent in - DIGITAL | TECH | MEDIA | ADVERTISING | CREATIVE | CONTENT | EVENTS | SALES | MARKETING
4 年Excellent insights James! Next weeks session will be very interesting. We’re very much looking forward to having you so thank you for joining us.
I help SMEs scale through branding and marketing | Video | Communications | Chief Cheerleader | Cat Lover | Co-founder, Superminted | I run an online business community 'the Beyond' helping self-starters go from 0 to 1
4 年I would say that in crisis, people should not try to win, but try to empower. Winning denotes a competitive nature to it, and not everyone sees the act of helping others win, winning. By empowering people in a time of crisis, you give them autonomy, purpose, vision, direction, and a collective goal to attain, achieve, excel, and strive. Winning can also be attributed to a hustler mindset, and that someone will have to 'lose' for others to win. Building good foundations, good processes, and good internal cultures in tough times, empowers the internal customers (staff and employees) to be better than they think they could be and when their mindset and attitudes are empowered, their version of 'winning' will then have positive manifestations and outputs, and that will eventually translate into outward actions; treating customers better, having better teamwork, collaborating to a bigger goal etc. Overall I agree to your points and distress definitely develops determination and dexterity!