Engagement in Difficult Economies
During bad economic times, we must take extra precautions. We must help our employees lead us out of darkness because they are the path to success. Specifically, during bad economic times we should:
Focus on Transparency
It is way too easy to hold back information, opinions, or issues as a way to protect your employees. It is hard to openly put it out there and discuss the issues. However, when we do not discuss the “truth” of what is happening, we do not give permission to our employees to discuss what is on their minds. Our employees then turn to gossip, negative thoughts, and time-wasting activities rather than productive efforts.
Focus on Senior Leadership Efforts
Senior leadership needs to communicate ...