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Crisis Management in the Digital Age: Lessons for 2024’s Unpredictable Economy

N2Growth Blog

Digital technology has become a guiding light in these uncertain times, taking on a more prominent role in companies’ strategic plans. Companies can rely on these tools to make strategic decisions amidst market instability, ensuring a more resilient and economically versatile future.

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Coercive Power At Work: Definition And Examples

Niagara Institute

There are many types of power that can be used in the workplace by managers, supervisors, or anyone in a position of responsibility. Some power comes from charisma, known as charismatic leadership , whereas another type comes from likability, known as referent power. This is called coercive power.

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How to Hold onto Your Customers in a Crisis

Leading Blog

S UBSCRIPTION-BASED businesses seem to be the most resilient during this time of crisis. To hang onto customers during a crisis, you need to build a forever transaction with the people you serve. Companies are making bad decisions for good reason. But there’s more to it than just revenue.

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How Great Leadership is Generated in Significant Crisis

Lead from Within

One thing I’ve learned through that experience: when crisis hits, the best leaders are ready to act courageously and boldly. Many people are drawn to leadership because they want the titles and perks of a powerful position. In a time of crisis, those leaders generally find themselves facing an out-of-control disaster.

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5 Principles for Ethical Leadership in Times of Crisis

Great Leadership By Dan

This is particularly true in times of crisis. They need to recognize a crisis is in the making and quickly persuade others that attention and action are needed. Information is a powerful antidote to panic. They focus the team on the opportunities the crisis presents rather than the challenges or losses.

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Candidate Management During a Crisis

N2Growth Blog

I am no stranger to the challenges of candidate management during a crisis. While in the second year of my profession the great recession hit and had a significant impact on my area of expertise including venture capital, and private equity-backed technology companies.

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Leadership and the Innovation Crisis

Great Leadership By Dan

Instead, I would argue that we live in the age of innovation crisis. What crisis, you may ask? A crisis of imagination, a crisis of ambition, a crisis of vision. I say they are sorely mistaken. It creates many products, many services, new processes, and a plethora of apps. Some of these even make money.

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