Leading in Challenging Economic Times

How to Survive—and Thrive—
in a Tough Economy

As a senior leader, you have a difficult job balancing the demands of product- or service-oriented achievement, revenue generation, long-term strategic planning and managing people. In times of economic distress, your job becomes even more difficult as your focus shifts from growth to sustaining the current budget. By using a risk-based approach to leading, you can make your job easier.

In this session, you will begin by examining the key characteristics of successful leaders in tough economic times. You will learn how effective leaders manage people with fewer resources, adopt a healthy relationship toward risk, keep employee morale high in the face of cutbacks, and leverage financial resources and board involvement in a tough economy.

Session Learning Objectives

  • Participants will be able to:
  • 1 Differentiate between leading with passion and leading with compassion and understand the contextual significance
    of each.
  • 2 Discuss the accentuated role of leader empathy in a challenging economy.
  • 3 Identify the strategic shifts warranted in difficult economic times.
  • 4 Develop intrapersonal strategies for maintaining poise in challenging circumstances.
  • 5 Understand the role of felt security in fostering staff loyalty and commitment.

Contact GLI if you would like us to help you customize
a leadership conference for your company or organization.