Leading In a Recession

LEADING IN A RECESSION

Enhance communication and participation- People are uncertain and tentative. Talk to them formally and informally, through emails and through meetings, through team discourse and one to one. Share information and ask their opinion. Make them feel part of it to increase ownership and commitment


Lead by Self Motivation- display enthusiasm, energy and zeal. Encourage them to discuss their issues and help others with their issues. Enhance their self belief and confidence to a level where the fear factor goes away.

Celebrate small achievements- Recession makes it difficult to score big. Look out for opportunities to commend people, praise them and recognize them for small achievements. Make the positive overshadow the negative by highlighting the improved areas.

Reward intelligent failures- Distinguish between failures which are due to uncontrollable circumstances and those which are due to controllable factors. Reward and appreciate the effort made for intelligent failures and highlight the learning gained out of it.

Enhance the mentoring role– Try to coach employees into mentoring others and encourage each employee to find an internal mentor not necessarily within the department but outside it as well. Help people act as advisors and counselors to mentees to give them a sense of contribution.