What kind of specific traits and mindsets are required to lead businesses during the crisis?
MW The ongoing pandemic has created a complete state of disarray, causing an estimated 6.1 million job losses in India and a GDP contraction by 23.9% in Q1 FY 21. Nevertheless, I see these disruptions in our environment as a challenge for business leaders to prove their mettle. In my view, there are two very important factors leaders must keep in mind to navigate the ongoing conundrum:
Speed over Precision : With the ongoing dynamism in our external environment, there is a need to identify and hit the ground running with the top 3 strategic priorities for your organization and trickle it down to business functions and departments. The keyword here is Agility; therefore, the solutions that are built must not only work in the short term but be scalable for the long haul. Since SPN is an essential business during the lockdown, we quickly...