Ever since the pandemic and the subsequent lockdown started to impact the world of work, I have been speaking to several global and Indian business leaders. I asked them three pertinent questions:
“How COVID-19 is different from other crises which you have experienced or handled in the past?”, “As a leader, what makes your task different in this crisis?”, and “How do you intend/plan to handle the crisis”.
Some of the key themes that emerged from their responses include:
- The end game/Exit is not visible
- It is uncertain for how long the impact of the pandemic shall last
- The crisis impacts multiple facets of life: Economic & psychological
- Leadership blind spot: Uncertainty at its peak
- Creating a lot of personal stress & anxiety
And as I listened to these answers, I could clearly experience and feel some degree of helplessness and the need to find some answers to move forward.
Traditionally, in several cases, organizations were able to manage the crisis well by plotting and mapping frequency and consequence of those crises. and based on that it would provide leaders a good degree of direction to take decisions. However, in case of COVID-19 there is complete uncertainty making each and every business and talent decision challenging
So the question is how do organizations prepare to navigate through these uncertainties and what are some of the steps which they can take to deal with current situation:
Here are some recommendations:
Engage in iterative agile problem solving by:
- Re-establishing goal priorities and values
- Continuously evaluating the situation
- Develop multiple options and prepare for multiple scenarios
- Predict outcome for each options or scenarios
- Choose the best course of action
- Go ahead and execute
Organization also needs to make some fine-tuning in leadership style as well as culture at the time of crisis like this:
- More and more facilitative deliberation conversation dialogue other than appointed or designated leaders
- Add more diversity to any work and project
- Provide psychological safety to disagree or dissent. Please don’t fire them rather they will be most valuable resource at this time
- Kill the advocacy because it will accentuate the problem rather encourage inquiry
What kind of leadership style will be more functional during this time:
- Creative, adaptive, decentralised and integrative.
- Resilience is adaptability personified.
- Don’t expect yourself and others to know the answer rather work towards and together to find the answer.
Consider everything as an experiment and:
- Manage the process, effort and input not the output
- Encourage rapid and dynamic learning
- Remember every effort will not fetch desired result
- As a leader, remember to take care of yourself as well. Anxiety and stress are weary-ing, so doing some meditation or yoga may help in creating equanimity.
- Lastly, keep on trying till you find what you are trying to achieve. Perseverance is key.
As the time goes on, the uncertainty continues and the pandemic brings in newer challenges, remember that process is more important than outcome. This is the time to be agile in a true sense. Keep the battle on by continuously shifting as per the needs of the market, consumers and employees. With hope and faith in your workforce intact continue to solve the challenges as they come.