Economic downturn

Truism: no trend goes on forever.

This truism prevents complacency during good times and instills hope during tough times.

I originally wrote the the attached report 2001 to address how to lead in an economic downturn, then I revised it in 2008. Well, 2020 seems to be singing the same song to leaders.

There are three common responses to change with corresponding effective responses:

  1. Survival vs. Opportunity
  2. Control vs. Involvement
  3. Panic vs. Focus

I hope you find some timely and timeless leadership nuggets in the updated report, Downturn Leadership.

The key points appear in the chart below.

We are always here if you need us – nothing too big of too small.

Please take good care!