article thumbnail

The Mental Health Of The Workforce Suffers During A Company Crisis

The Horizons Tracker

Think back to the global financial crisis in 2008. The research found that the mental health of employees got worse during the worst years of the crisis, especially for those working at struggling companies. Many companies struggled to survive, and their employees were hit hard too. ” .” ”

Crisis 59
article thumbnail

The Size of Your Hope

Nathan Magnuson

The pace of normalcy is harried, frantic and stressful, as my friend Garland Vance details in his book Gettin (un)Busy. How You Manage Your Finances. Finances are a sore subject for many of us right now. Many of us who were prepared for a financial crisis are hurting. Some see it as an annoyance and others as a crisis. (I’m

Ryan 320
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Do Modern Businesses Value?

The Horizons Tracker

These values are especially absent from firms in the finance and legal world. The importance of values has become particularly prominent during the pandemic where periods of extreme stress were experienced by employees and customers. Companies with strong values were able to use these as a guide to help them navigate the crisis.

Finance 116
article thumbnail

Mastering the Art of Crisis Management: A Comprehensive Guide for Small Business Finances

Strategy Driven

The challenge is most acute for small businesses, whose finances can be particularly vulnerable during crises. In this in-depth exploration, we will delve into tips and strategies to manage your small business finances during a crisis and emerge more resilient than ever. Are there inefficiencies you can address?

Finance 103
article thumbnail

Social Stigma Can Prevent Those With Debt Problems Getting Help

The Horizons Tracker

As the cost-of-living crisis bites, a growing number of people are experiencing debt issues. “We have this tendency, as a society, to avoid talking about our finances, and especially about debt. “We have this tendency, as a society, to avoid talking about our finances, and especially about debt.

Class 52
article thumbnail

August 2020 Leadership Development Carnival

Lead Change Blog

Marcia shares: “ When stressed, we often hurl conversational stingers that can wound a relationship. Ken writes: “ Extroverted leaders tend to have an advantage during times of crisis. Fortunately, many key leadership principles that apply in any crisis are incredibly valuable here. That’s not always a good thing.

article thumbnail

Slack Is Needed If The Digital Transformation Of Healthcare Is To Succeed

The Horizons Tracker

At the start of the Covid pandemic, Microsoft’s Satya Nadella famously remarked that we had seen 2 years’ worth of digital transformation in 2 months, as the crisis presented just the kind of “burning platform” that is so often said to be vital to triggering meaningful change.