Despite the promises of newly created jobs, this recession is continuing to take its toll on employers and employees alike. Jobs are scarce, resources stretched, and people stressed. Put together, this list of ingredients presents a potential for an unpalatable recipe. A good leader/manager, however, will see these circumstances as an opportunity to practice good people (and resource) management. Lets assume that you already understand (either through common sense or by reading this Blog) the importance of inspiring your employees, helping them to feel valued and appreciated, supporting them, and helping them to find meaning in their experience with the company. Although no small feat, these things should be part of your everyday leadership/management practice.
Difficult times present the perfect opportunity for us to practice good leadership/management skills, and to show our respect and appreciation for others. Don’t let stress and limited resources become excuses for poor manners. Don’t ignore coaching and developing your people. What you do now will determine whether you’re able to keep great employees. Once the current economic situation improves (and it will), and people feel more comfortable making moves (and they will), it’s very likely that some of these stressed, unhappy souls will consider making serious changes. Remember that employees are a resource. Don’t risk losing them. As a great leader/manager, you can avoid the costly and time-consuming process of finding, hiring, and training replacements. Take the necessary steps now to ensure that as your company emerges from this recession, it does so with the stability and strength of valuable resources.
