4 tips for leaders in the “new normal”

Last November, the blog suggested “4 tips for survival“, based on a Financial Times series on recession survival strategy. A new article this week on ‘Leadership beyond a Downturn’ provides some key tips on how to manage next steps:

• Prepare for continuing downturn, but also for some growth to return.
• Look outside to see what’s changed, don’t rely on old strategies.
• Continue to keep a close eye on cash-flow, but loosen some constraints.
• Maintain clear and honest communication, acknowledging uncertainties.

About Paul Hodges

Paul Hodges is Chairman of International eChem, trusted commercial advisers to the global chemical industry. The aim of this blog is to share ideas about the influences that may shape the chemical industry over the next 12 – 18 months. It will try to look behind today’s headlines, to understand what may happen next in important issues such oil prices, economic growth and the environment. We may also have some fun, investigating a few of the more offbeat events that take place from time to time. Please do join me and share your thoughts. Between us, we will hopefully develop useful insights into the key factors that will drive the industry's future performance.

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