![]() Embrace action, and don’t punish mistakes.Your default should be to push decisions downward, not up. Empower the front line to make decisions where possible, and clearly state what needs to be escalated, by when, and to whom. In your central command “war room,” establish who owns what. What conflicts might arise among the priorities you have outlined? Between the urgent and the important? Between survival today and success tomorrow? Instead of thinking about all possibilities, the best leaders use their priorities as a scoring mechanism to force trade-offs. Document the issues identified, ensure that leadership is fully aligned with them, and make course corrections as events unfold. Early in the crisis, those might include employee safety and care, financial liquidity, customer care, and operational continuity. Identify and communicate the three to five most important ones. A simple, scalable framework for rapid decision-making is critical. Leaders must break through the inertia to keep the organization trained on business continuity today while increasing the odds of mid- to long-term success by focusing on the few things that matter most. Analysis paralysis can easily result, exacerbated by the natural tendency of matrixed organizations to build consensus. During a crisis, cognitive overload looms information is incomplete, interests and priorities may clash, and emotions and anxieties run high. The best leaders quickly process available information, rapidly determine what matters most, and make decisions with conviction. ![]() The situation is changing by the day - even by the hour. The tactics below can guide you as you coach your leaders in these key behaviors.īehavior 1: Decide with speed over precision. They must decide with speed over precision, adapt boldly, reliably deliver, and engage for impact. Having conducted more than 21,000 leadership assessments among C-suite executives, our CEO Genome research team at ghSMART has learned that to move forward in a crisis, leaders need to cultivate four behaviors in themselves and their teams. They will need coaching from their own bosses and others. Those in charge will be tested in areas where they have not fully developed their leadership muscles, and the learning curve will be steep. All the while, they and their teams are navigating health and safety concerns, working remotely, and supporting their families through the pandemic. They may encounter unforeseen roadblocks - supply chain issues, team shortages, and operational challenges - that drastically alter the scope of their roles and priorities. Today, many of those same leaders must make rapid decisions about controlling costs and maintaining liquidity. Before COVID-19, CEOs and other executives in high-growth companies were focused on fostering innovation, driving revenue, and gaining market share. The roles and responsibilities of business leaders have dramatically changed in the past few weeks. To get all of HBR’s content delivered to your inbox, sign up for the Daily Alert newsletter. In these difficult times, we’ve made a number of our coronavirus articles free for all readers.
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