Strengthen the Organization
Who’s got time to worry about building a stronger organization in an acute downturn? Surely executives can’t focus on internal issues when so many other pressing matters are crowding in on them.
In fact, this is exactly the time when leaders need to ensure their organizations are performing well, so that important decisions get made and executed quickly and effectively. Turbulence creates exceptional opportunities for some organizations and extraordinary urgency for others. None should be satisfied with the status quo.
It’s clear enough how a company that is relatively strong can gain by strengthening its organization. Turbulence offers a rare chance to bring in new talent and improve the way that organizations function. ...
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