User:FrankieHatfield216

There are so many CEOs in the same spot dealing with an uncertain economy. But not all are effective or prepared to adjust in time. Most are struggling with regulators, narrowing margins, dropping sales and employees who no longer trust or feel loyal to the organization. How would you adjust your culture if unemployment is 30%, the banking system continues to struggle or fail, the dollar continues its collapse? Add triple digit inflation, the stock market drops 40% and the U.S defaults with insurmountable debts. Adjusting your organizational culture is your best investment of time and treasure. What is the cost of disengaged employees? Change your culture and you change your prospects.

Try these 3 steps.

1. Don't be naive. Whether the potential scenarios play out, be aware that none of the nation's prior bubbles were anticipated in time. From the dot com, mortgage, Wall Street crisis...all were ignored. You are better served to anticipate what could be the effect of unsustainable U.S. debts.

2. Reach out to employees. They are your best asset. Employees are the perfect sentries knowing the breadth and scope of changes as they occur in your market. You can't be effective reaching out if that isn't how employees define you. You will need an honest picture of your soft spots and blind spots. The first adjustment begins with you. Trust evaporated in 2008. Beginning with Bear Stearn's, Lehman Brothers, Bernie Mad doff and the bailouts. Assume trust has evaporated with your employees. Trust can only be regained with honesty.

3. Decide what you wish to protect. Think of an inverted pyramid. What are the most important needs of employees and customers? Then board and stockholders. Employees are your key to changing in time. When customer and employee needs match, you will benefit from an inspiring purpose with the organizations two most important assets.

4. Culture will be the energy which unites and prepares the organization. You will find unique ways to sort modify and respond. Profits are a lagging indicator. If you can afford to lower expectations, do so. Live to fight another day.

This will be tough times, even if the dire scenario is averted. The organization will need a near perfect culture to transform and evolve the business. 債務整理なら借金相談比較ナビで債務整理比較