When times are tough, encourage execs to get back to basics

Open communication, adherence to the corporate mission and building employee relationships will ensure long-term survival.

When times get tough, senior managers must focus on three key strategies to ensure their organizations’ long-term sustainability, according to HRMGuide.co.uk.

1) Focus on the company’s mission. – When all else is changing around employees, a steadfast adherence to the main business objectives will help ensure everyone is on-course.

2) Connect with employees. – During turbulent times, many managers close their doors and cuccoon to work on strategies. But crises are exactly when employees most need their leaders. Instead, leaders should open the doors, keep communication open and be seen around the office.

3) If you can afford perks, offer stability. – Find news ways to encourage an motivate employees, including supporting training, offering recognition and helping employees with their career paths.

These strategies will ensure a company’s long-term success, not just its short-term survival.

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