Leadership in times of physical distancing
Long before times of physical distancing, the goal-oriented and successful leadership of managers and teams was considered one of the most important success factors for an organization. Due to the daily changing conditions of today’s working world, not only the importance of leadership has increased, but also the challenges for managers.
Questions on topics such as planning, competence development of employees, communication and team culture are omnipresent. In this regard, there is a great demand for new solutions in times of uncertainty.
How can a leader, despite these hurdles, steer an organization in the right direction?
If one tries to illustrate the current mindset of the majority of German organisations, with the help of the Kübler-Ross curve, you could see the following: organizations have left the shock, negation, insight and acceptance phase and are now in the area of trial and error. Shortly, organisations will be right up to the integration of new approaches to solutions.
In this context, we were able to identify four rules of thumb which contribute significantly to successfully mastering the crisis:
1. Braking before curves: An early reduction of costs not only helps to mitigate risk, but can also help to build up a financial cushion from which the company can draw in times of crisis.
2. Becoming consequent: Defining a simple but action-oriented strategy, underpinned by strictly defined milestones, helps to achieve the future business model. Accelerate effectively out of the curve: Targeted investments in marketing, customers, customer experience and R & D pay off! Well thought-out personnel decisions and the recruitment of high potentials are also essential. The financial crisis in 2008 has already shown that companies that do not shy away from targeted investments even in times of crisis can emerge from difficult times as winners.
3. Development of a Growth Mindset: Not only the intensification of leadership but also the development of an agile Growth Mindset are of fundamental importance for the success of a company. Employees, who see themselves as co-creators and push their independent thinking, can represent a decisive competitive advantage.
How can Designed Alliances contribute to crisis management?
Explaining the psychological and implicit agreements within the organisation can lead to groundbreaking results in team performance. The essence of Designed Alliances lies in a “fearless cooperation” of team members. Aligning the expectations of managers, employees but also customers are essential parts of this concept.
How can an executive improve the performance of his team through effective communication?
Effective communication is embedded in four basic principles:
1. Transparency: Early and honest communication, supported by visual guidelines, contributes to the transparency of a leader.
2. Update: Regular communication across different channels and formats strengthens confidence in the leader.
3. Dialogue: Encouraging team members to engage in dialogue and incorporating the ideas and opinions of individual members strengthens the psychological security of a team.
4. Empathy: Leadership with compassion is crucial. Responding to the concerns and concerns of individual team members is as important as radiating optimism and realism to strengthen team performance.