article thumbnail

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

N2Growth Blog

Technology, therefore, is not merely a convenient tool but an essential commodity that requires strategic allocation and management in the modern business landscape. Engaging in risk management and scenario planning is also paramount. Corporations can navigate economic uncertainties and volatility through digital modeling.

article thumbnail

Candidate Management During a Crisis

N2Growth Blog

I am no stranger to the challenges of candidate management during a crisis. Consider the following recommendations for effective candidate management during a crisis: Empathize: In a situation like this, it is human nature to think about one’s own health, safety, career, and expenses first.

Crisis 177
Insiders

Sign Up for our Newsletter

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

article thumbnail

Dealing with the Two Fronts of Every Crisis

Leading Blog

E VERY CRISIS places a leader between two fronts: Issue and Fear. Understanding the difference and managing both is key to dealing with a crisis successfully. There is the crisis where the issue is known, there is a procedure for handling it, and success in dealing with it comes down to proper execution of the solution.

Crisis 377
article thumbnail

My Crisis Leadership Playbook

Next Level Blog

The ideas I’m sharing in this post are the basics of a crisis leadership playbook that is something of a work in progress. The first thing I’m sure of is that effective leadership in this new era begins with effective self-management. You can think of these three as forming a pyramid with managing yourself at the base.

Crisis 188
article thumbnail

Crisis Management – The Board Of Directors Role

CEO Insider

The CEO or Executive Director leads the organization and manages day to day operations. In a moment of crisis such as the extreme challenges facing organizations word wide during the COVID-19 pandemic, the role of the board and its relationship with the […].

article thumbnail

Strategies for Overcoming Crisis in The Hospitality Industry

Strategy Driven

Every organisation is likely to face a crisis now and again. Predicting what a crisis will entail is impossible in many situations – but it’s how a team prepares and responds that can dictate whether and to what degree a business recovers. Periodically reviewing plans is one important strategy for managing crisis.

Crisis 122
article thumbnail

Resetting Your Operating Rhythm for the “New Normal”

Next Level Blog

The COVID-19 crisis brings another “new normal” every day. The situation is too fast-moving, fluid and unprecedented for any of us to settle in for whatever the long haul is and keep on truckin’ with the same operating rhythm we’ve used up until now. The two of those happening at once totally blew up my operating rhythm happy place.