Leadership in Times of Crisis

NFS Leasing, Inc., Updated: 2021

“As a business leader, how do you react in a time of crisis? Do you overreact, panic and show great emotion? Are you buying a 10-year supply of toilet paper and hoarding hand sanitizers? In times of crisis, your employees need a leader that is measured, thoughtful and communicates with clear and concise direction on a regular basis.

As of this date, March 22, 2020, the impact of the COVID-19 pandemic has changed our way of life almost overnight. Many of us went from enjoying the daily collaboration in an office environment to being confined to your home office, trying to collaborate remotely. The change in the working environment along with the real concerns of becoming sick, has created a tremendous amount of fear and angst.

The impact to business has been significant across most industries. Approximately 18% of American households are reporting at least one member of their household losing their jobs in the month of March creating a level of anxiety for Americans not seen since the 2008 financial crisis.

It is important to find the balance of being compassionate towards your employees with also keeping the business functioning during these unprecedented times.”

Contact NFS Leasing here to discuss what effects you are seeing on leadership and how your company are handling the current crisis.
It is important to find the balance of being compassionate towards your employees and keeping the business functioning.
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