“More than ever, the health of businesses and institutions is urgently and visibly linked with the health of workforces, the health of our society, and the health of our planet.”
Every day I come across something in the business press about at least one company, one product or a single trend that has transformed the market or an entire industry. Perhaps you too have observed the trend for changes to occur ever more rapidly, more frequently, more sweepingly and with ever more far-reaching consequences. For leaders, the COVID-19 pandemic has accelerated unprecedented change.
These leaps forward in development – these fast-paced and unforeseeable changes in the economy and society – have consequences for businesses and institutions. Many traditional industry giants have been brought to their knees and to insolvency. Not because the management didn’t know their business. They had done their market research, developed strategies and carried out thorough planning. But they had not been flexible and had not acted with sufficient agility. They had not taken into account the fact that the surprises that we read about every day could affect them too.
So, what is the solution? How do we move forward in such uniquely uncertain circumstances?
Clarifying your purpose, supporting your stakeholders, and bolstering your emotional and organizational resilience and thereby acting with agility such that you engage with the situations and circumstances which have changed. The decisive factor is not when and how you are hit by surprises, but rather how you deal with them.
My job as a leader, advisor and board member is to make what is invisible visible. Many challenges and pitfalls will thereby be satisfyingly solved right from the outset. At the same time, the next steps to be taken become clearer and more transparent.
The central questions are:
- How can I rediscover or reemphasize our purpose?
- What actions you can take to protect and support those who rely on us and the organization?
- How can we prioritize our emotional and organizational resilience?