Sunday, November 01, 2009

Leadership in a Recession

There are many stories in the news that we are in a recovery economically. I am not that optimistic because companies are stilling needing to make cuts in order to make it. Some companies handle it better than others. As a leader in an organization, it is absolutely critical that I help my employees understand. Companies are doing everything from laying off staff to reducing pay to eliminating merit increases. Even though we are hearing that the recession is over, it is going to take time for that to "catch up" in the corporate environment. Helping employees understand all the decisions that a corporation is the job of the leader. While not every decision can be defended, it is important to provide insight so that employee can understand and eventually support it.

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