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Economic Downturn Will Test Leadership Skills: Focus on People
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About "Economic Downturn Will Test Leadership Skills: Focus on People" topic: As CIOs and business leaders brace for an economic downturn, leaders must step
As CIOs and business leaders brace for an economic downturn, leaders must step
forward and set the tone. Start with people.
3 insight
on topic: "Economic Downturn Will Test Leadership Skills: Focus on People"
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As CIOs and business leaders brace for an economic downturn, leaders must step forward and set the tone. Start with people. FINDINGS- As CIOs and business leaders brace for an economic downturn, they must maintain or intensify their focus on people. How they manage and support people in a downturn will have a long-term impact on how and whether people will support them during times of prosperity. ANALYSIS- Leaders get tested in the crucible of tough times — not just what they do to address challenges,but also how they face down challenges. As economic turmoil in the Western world intensifies and spreads globally, successful executives and managers must assume the following: In the world of ...
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Scott Willard
| Commented
| 3 years ago
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I think that you are absolutely correct in the title of your insight- Economic downturn will test leadership skills: focus on people. However, you diverge very quickly when comment on CIO's and business leaders. I feel very strongly about the...
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Dayanand Deshpande
| Commented
| 4 years ago
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Mr.Adnan a very good article for all the want to be leaders out there and definitely smart leaders are those which follow the points as mentioned by you.There is a saying that"when the going gets tough,the tough gets going" and this suits most to...
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Radhakrishna Marar
| Commented
| 4 years ago
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Nice sharing Adnan, When times get tough, leaders often make the mistake of focusing only on one thing: the immediate bottom line. Great leaders, however, continue to operate in the long term as well as the short term, and maintain focus on people...
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Who will benefit from this Economic crises : Rakesh Raghuvanshi In times like this , every one is asking this one question ,who will benefit from this economic crises . Because its not that there is no money left in the market but where has all the money vanished. Who has the maximum of the cash? Simple those who never believed in the fact that money gets money but hard work gets money .when I ask this question that what was the cause of this Mammoth of an Economic crises in one word ,I am not surprised at the answer GREED !!! Where did this come from who failed , Government , Experts , Law or Parents . I believe ALL . and the onus lies on the parents who never checked their child...
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mustafa
| Commented
| 3 years ago
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I am Believing only in one thing is that keep hard work and used your luck where its require and god is always there to monitor us god always say that you keep trying I am there to give you so all of us has to keep trust in god
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Jayant Vishnu
| Commented
| 4 years ago
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Mr. Rakesh you have posted such a nice article and all of us can learn something out of this. you have said right that money is wisdom, if people get rid of their greed then they will be more happy than they are now. i will be waiting for more...
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Tanmay Gaur
| Commented
| 4 years ago
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I never thought making money is wisdom. Its more of a 'who moved my cheese' thing. There is nothing like easy money. If you were living on credit and no one told you about the risk. Your cheese get moved. Its economic crises. Work harder and keep...
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by George Anders W hen William Crews picks up his paycheck, it’s hard for him to force a smile. Gone are the days when booming car and truck sales helped him earn more than $100,000 a year as a financial-services manager at a Chrysler-Dodge-Jeep dealership in Wendell, N.C. In 2008, his gross pay shrank to $76,000—a recession-inflicted cut of more than 25%. And 2009 didn’t start off any better. “Our family is juggling bills as best we can,” the 41-year-old Crews says. The Crewses have cut back on vacations, meals out, and other spending. Each month they wrestle with which bills to pay and which to put off a bit longer. “That hurts a lot,” he says. What People Earn 2009 • Real People, Rea...
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Jithesh Ramesh
| Commented
| 4 years ago
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With recession everything has changed and salaries being the same and no hike this year and for some they've even reduced the salaries and bonuses are on hold, and this has some way disturbed the process in the way one was leading their lives and...
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Insight: "What People Earn in 2009: How Our Salaries Are Changing" deleted from your view.
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Dear Sir / Madam, Greetings to you, Center for Leadership Studies presents “Situational Leadership” public workshop schedule on 5, 6 Nov 09 at Delhi 6, 7 Nov 09 at Hyderabad left 5 more seats for the program and The 2-Day Public Program at a very economical cost of Rs.21, 000 + S .Taxes per person and Bulk discount on group of nomiantions. The Situational Leadership ® Model is the most widely used leadership model in the world today. Over the last four decades, this model has become the basis of the most prevalent Leadership system in over 700 of the Fortune 1000 companies. Having served as the common performance language, the benefit for organizations is enhanced goal and role clarity based on more frequent and more effective conversations about performance. Situational Leadership® works with the assumption that when people join an organization, or are promoted or moved into a new position, they are highly motivated but are not able to perform at targeted levels from day one....
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Stay Liquid: In down times cash is king. Review credit policies for customers and take credit from suppliers. Increase cash discounts for customers if required. Enhance customer relationships: One to one close relationship with customers is a must. Build relationship with all customers including small customers which you may not have got enough attention during economic boom. Listen to customers, know their situation and accept their demands and complaints wherever possible. Build up their confidence level. Don’t sack employees instead try to build up their confidence level. Sacking employees lowers motivation level of employees and creates an atmosphere of fear and mistrust which is bound to affect work. It also spoils public image of the company in the market. If required implement pay cuts and freeze all pay hikes for all employees. Start pay cuts from the top to create a good image. Review all expenses in all departments. Keep costs as low as possible. Review all...
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Human Genome and Economic environment This month’s ‘Scientific American’ gives a detailed article on Genetics. It says the human DNA gets replicated by an enzyme called ‘dna polymerase’. There are two visible cycles for this enzyme to replicate the dna(dna polymerase cycle) and one to correct errors(exo nuclide cycle) in our dna genome. This genome cycle is activated by external causes(knobs) which can be anything from heat, dust, dirt, filth, cold etc; etc;. The pressure caused on this enzymes can inhibit dna replication and error correction. If one applies 35 pieco Newton pressure on this enzyme motors called ‘nano motors’ can cause inhibition. Since if errors are not corrected due to undue pressure on the enzyme then one can fall sick to errors in our dna which is caused at birth or incorporated randomly as ones replication process progress. So if the economic environment of a nation is not designed properly for welfare all sorts of pressures on the human inhabiting that region...
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Windows Live SkyDrive (previously Windows Live Folders) is part of Microsoft's Windows Live range of services. SkyDrive allow users to upload their files to the computing cloud, and then access them from a web browser. The SkyDrive service utilizes Windows Live ID to limit access to the files the user has uploaded, allowing them to keep the files private, share with contacts, or make the files public. Publicly-shared files do not require a Windows Live ID to access. Windows Live SkyDrive The service currently offers 5GB, with a maximum upload file size of 50MB. Up to five files can be uploaded each time. Optionally, an ActiveX tool can be installed to allow drag-and-drop uploading from Windows Explorer. On its launch, Windows Live Folders (as it was then) was provided as a limited managed beta and available only to a few testers in the United States. On August 1, 2007, the service was expanded to a wider audience. Shortly after on August 9, 2007 Windows Live Folders was renamed...
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7 Steps to Protect Against Online Fraud for this Year's Tax Day SonicWALL Security Threat Team Offers Insight and Guidelines on Phishing Scams and other Invasive Schemes Related to Tax Day Bangalore, Karnataka, India, Tuesday, April 12, 2011 -- (Business Wire India ) -- With tax day around the corner, SonicWALL, Inc., the leading provider of intelligent network security and data protection solutions, today released the results of its phishing quiz . Of the three million respondents to the quiz, only 7.4% answered all of the questions correctly. When asked to determine whether a suspect email was a phishing e-mail or a legitimate email, respondents were wrong 22% of the time. In addition, quiz results reveal that 1 in 10 people will act on a phishing email even after they have been told it is suspicious; actions include opening the email, clicking on links and even providing personal data at the phisher's website. The seasonal rise in phishing threats associated with the...
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