MANAGING in the

NEW WORLD

The present economic and health crisis, warrants a new breed of leadership to emerge. The new leaders will need to demonstrate optimism and calm, while handling the situation. Some steps have been identified that could prove to be effective at such times. The first is for the leader to adapt one’s personal operating model. His/ her priorities, roles, time and energy need to be channelled towards this new reality. One’s intentions need to be made clear via a new dynamic corporate strategy drafted. The leader needs to regulate one’s own crisis reactions too. For this, he/ she could practice the art of reflection. Another method could be to reframe one’s perspective. The leader will also need to take care of the energy levels, as that has to be distributed over multiple functional areas.

Source:https://www.mckinsey.com/business-functions/organization/our-insights/how-to-demonstrate-calm-and-optimism-in-a-crisis

Uploaded Date:25 May 2020

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