A structured and guided transformation and reinvention will work like a vaccine and make it withstand the various storms that a business may face in the form of a pandemic, market meltdown, or others.
1. Create an
atmosphere of trust in your organization:
Be upfront and transparent with your
employees, suppliers, and customers. It saves time as one doesn’t need to check
the facts back and forth. A trustworthy leader helps the business strive and
thrive.
2. Think creatively:
Reassess plans to see how you can continue doing business in the changed scenario. Eg, Many restaurant owners have started offering home catering to keep the order chain ongoing.
3. Plan how employees can
use their time constructively when WFH:
Devising solutions and clear policies
will keep the business going even during difficult times.
4. Ramp up your technology tools and systems:
Review if there is a need to upgrade tech usage to conduct business, which can help in carrying on the business when traditional methods can fail.
5. Look for a
guide/mentor who can :
- Work with you on a regular
basis, and not just create a ‘To Do list and then leave you to
it.
- Help you set your goals and
action plans – both long and short term – so you are focused.
- Be a sounding board for you,
as you test innovative ideas.
Connect with Coach Manish Jain to get your business ‘vaccinated’, to protect your business.
