History shows us that times of crisis provide a powerful opportunity for visionary businesses and leaders to set themselves up to be stronger, leaner and healthier once the storm subsides. In the words of former Intel CEO Andy Grove, “Some companies are destroyed by crisis, other companies merely survive them, but great companies are always improved by them.”
Having spent 15 years studying the secrets to achieving enduring success and momentum in business, 8-time bestselling author Michael McQueen knows what it takes to thrive in turbulent times.
Michael’s research indicates 3 keys to navigating crises and emerging from upheaval stronger than ever:
- Prune and Prioritise - Challenging times are the ideal opportunity to rethink existing practices that may no longer be relevant. This means getting back to basics, re-calibrating with purpose and identifying fresh sources of growth and value.
- Innovate and Create - While necessity is indeed the mother of invention, unhealthy fear is also the enemy of creativity. In tough times, it is vital that leaders actively foster constructive urgency, psychological safety and a culture of audacity.
- Re-frame and Re-focus - Mindset is everything when the going gets tough. What a team believes about themselves and their future is vital. Leaders play a crucial role in cultivating the optimism and resilience necessary to thrive in turbulent times.
Winston Churchill famously advised leaders to “never let a good crisis go to waste.” While challenging times can sometimes seem overwhelming, they also provide a powerful opportunity to sow the very seeds of your future success if you know how.