With coronavirus causing uncertainty around the world, businesses are facing a unique and historic challenge. The impending possibility of social distancing and mass office closures will impact every business, not just those in the industries already being disrupted by the virus. To weather this upheaval, organisations will need to nurture new skills and embrace new behaviours.
To support businesses and leaders in this challenging environment, Lane4 has collated advice and guidance from our experts in one location. We hope the content below is helpful to you and your colleagues.
Leading through crisis
With the situation changing every day, leaders don’t have the luxury of making decisions with all the information. Leadership during ambiguity is, therefore, a key skill.
Homeworking and virtual teams
With the chance of office closures growing daily, widespread homeworking could potentially become a reality for the first time in history. Homeworking will impact every individual differently, from building trust over long distances to overcoming the challenges of alignment, as teams switch from physical to virtual.
All organisations, regardless of size, length of existence or reputation can find themselves vulnerable to stalls in growth, decreasing share prices or even complete failure. Building organisational resilience into your business is a way of ensuring it can weather shocks like the coronavirus outbreak.
It is undeniable that this pandemic presents a source of stress for many individuals. Each will have their own anxieties, but uncertainty, social upheaval, business performance and personal health fears could create a toxic mixture. It is, therefore, more important than ever that we consider our wellbeing and boost our resilience to emotional challenges.
Businesses and individuals will need to be able to respond quickly to changing circumstances if they are to thrive in the face of this latest challenge. Adaptability will allow leaders to do this calmly and effectively.
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