Leading Through Crisis

Managing a crisis such as the kiwifruit PSA disease provides significant leadership challenges and I believe that to lead well through such a time a leader needs to do two things simultaneously;

 1. Sort out the Short Term                                                                                                      
Take costs out of the business, take steps to preserve cash, manage debt, increase returns, efficiency and protect your investment.

 2. Start talking about the future                                                                                        Take time to get a picture of what the business may need to look like in the future. Spend time asking questions of your staff, your shareholders and the industry. Ask questions that challenge the status quo and test the boundaries. Seek new ideas and innovations.

Doing both these things simultaneously is important as it is very hard, for you or your staff, to stay positive and productive without a vision. So in addition to bringing short-term direction to the business’s profitability and cash-flow the leader also needs to lift people’s eyes so they can see the possibilities.

What are your thoughts? If you are in the industry how are you going looking towards the future? Outside the industry…any other tips to leading through crisis? Please comment below.

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About One Strategies

Mike & Julie Edwards are directors of One Strategies, a specialist business consultancy service that works with companies to build tailored strategic solutions which deliver sustained growth and ultimately, higher returns. One Strategies is based in the Bay of Plenty New Zealand. 64 21 481 253 or 64 7 533 1971. Or email me; mike@onestrategies.com
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