What’s your best bet in challenging times? (Guest commentary)Acting strategically, creatively and decisively leads to survival, growthBy Lorraine Weygman05/18/2009|Canadian HR Reporter|Last Updated: 05/19/2009 Now that global economies are going through tough times that may get even tougher before the pain stops, fear and its resulting knee-jerk reactions are counterproductive.The time-honoured wisdom is to cut expenses and reduce staff by laying off, downsizing and closing offices and plants. For those still employed, morale can be lower than the belly of a worm. What’s needed is the alchemy of an engaged workforce, who rise to exceptional performance.A meltdown doesn’t have to happen to everyone. Combining hope with decisive action, communication, collaboration and innovation are more likely to deter such a result. The value of acting strategically, creatively and decisively for the long term — while making specific plans for the short term — results in survival, growth and an edge on the competition. To Read the Full Story, Subscribe or Sign In Remember Me Forgot Password If you are a current Subscriber, please click here to set-up or update your login information.