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leaders

5 Steps Every Leader Can Take Right Now To Prepare For A 2023 Recession

While there are no guarantees in economics, a recession appears likely to hit in full force by the second quarter of 2023, and many American families are already living the reality of a recession thanks to inflation and rising interest rates. With a downturn in the near future, executives must prepare their companies to weather the storm and to come back stronger once it subsides. This may sound like a tall order, but there are some concrete steps that leaders in any company, in any industry, can take to prepare for a possible recession in 2023. It’s always about the clients

LEADERS’ CLASSIC MISTAKE WHEN GIVING CONSTRUCTIVE FEEDBACK

Almost every leader has been in a situation where: one of the team members gave a presentation or delivered an incomplete or even completely disappointing product. You know you need to follow up with them to provide the constructive feedback needed to not only avoid repeating the same bad thing, but also to help support their overall professional development. Unfortunately, too many leaders will make the classic mistake of focusing the conversation almost exclusively on ideas and coaching and miss the opportunity to lead by asking for members’ opinions. In fact, one of the most effective ways a leader can