{"id":1541,"date":"2020-03-14T18:20:18","date_gmt":"2020-03-14T18:20:18","guid":{"rendered":"https:\/\/www.stokegrowth.com\/?p=1541"},"modified":"2020-04-06T01:59:57","modified_gmt":"2020-04-06T01:59:57","slug":"covid-19-small-business-leadership-strategies","status":"publish","type":"post","link":"https:\/\/www.stokegrowth.com\/covid-19-small-business-leadership-strategies\/","title":{"rendered":"How do we GROW from here? Small Business Leadership Strategies during COVID-19"},"content":{"rendered":"

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“The pessimist complains about the wind. The optimist expects it to change. The leader adjusts the sails.\u201d<\/em>-John Maxwell<\/em><\/p><\/blockquote>\n

Rich and I have been processing how we can be of service during the changing business and economic environment the COVID-19 virus is creating.<\/p>\n

What support do our clients need?<\/p>\n

What support does the business community need?<\/p>\n

What support do employers need for their employees?<\/p>\n

No matter what your personal risk tolerance is or your beliefs on the impacts of the COVID-19 virus, the local and global communities are in a reactive state. Emotions are high and decision fatigue\/paralysis is approaching.<\/p>\n

Business owners don’t have the luxury of putting their heads in the sand.<\/strong><\/p>\n

They have the health and wellness to consider for themselves, their own immediate family and networks, plus a responsibility to ensure the safety of their employees and clients. Not to mention, the financial fears and uncertainty of what’s to come for small businesses in the coming months.<\/p>\n

We see you, small business owners.<\/p>\n

Protective of your community and employees but also loyal to the dream that started the company in the beginning. We see the internal conflict of making “the right” proactive vs reactive decisions.<\/p>\n

You’re not alone!<\/p>\n

Our small business clients have been reaching out with the same fears and questions. But, there’s another perspective we would like to introduce.<\/p>\n

We’ve been asking our clients:<\/strong><\/p>\n

How can you find opportunities for growth in all this?<\/p>\n

How can you adapt your systems to be stronger and more efficient?<\/p>\n

How can you lean on the leadership skills you’ve been cultivating to serve your clients better?<\/p>\n

How can a situation like this build resilience within your business and team members?<\/p>\n

Opportunity comes in many different forms and now is the time to step into possibility and be ready to move with what’s coming instead of against it. That is true leadership.\u00a0<\/strong><\/p>\n

Here are just some of the ways that you can step into leadership thinking while dealing with the potential impacts of COVID-19 on your business environment.<\/p>\n

1. Confidently practice extreme self-care.<\/h2>\n

As a business owner, you have a responsibility to actively take care of yourself first. It\u2019s the \u201cput on your own mask first\u201d analogy in full effect.<\/p>\n

This means allowing yourself space to process emotions, fears, and anxieties so that you can clear your mind for decision making and problem-solving.<\/p>\n

This might mean taking additional breaks, eating healthy, and\/or adding supportive supplements to manage stress levels. Calling your business coach to process emotions and create strategies on how to move through this.<\/p>\n

We offer \u201cSOS calls\u201d to our clients for exactly this reason. You\u2019re not alone. Lean on your support systems and your network.<\/p>\n

2. Create a leadership vision and communicate.<\/h2>\n

In times of crisis, every person needs to hear from their leaders to calm their nerves and give reassurance of the path forward.<\/p>\n

If you\u2019re a business owner, your staff and clients are looking for leadership from you. You need to step up.<\/p>\n

To step up, you\u2019ll want to make a solid assessment of your specific situation and then give everyone on your team a clear and simple vision of what the team will be focussed on.<\/p>\n

Make sure to have no more than 3 simple steps that you are planning to implement and let them know what conditions will trigger the steps if necessary. That way, they will feel like you have a solid plan that will keep the business moving.<\/p>\n

Then develop a plan that you can communicate to your clients on how you will be rising to the challenge and still providing great service to them.<\/p>\n

3. Create a psychologically safe environment for your employees to deal with stress and uncertainty.<\/h2>\n

This may include involving your team members in decision making around office closures, getting feedback on the potential impacts on their job roles and lives when considering a work from home policy.<\/p>\n

We have introduced many of our business growth coaching clients to the concept of \u201cclearing\u201d out the emotions around COVID-19. This creates a structured environment for the team to vent out their thoughts, emotions, and fears using \u201cI\u201d statements.<\/p>\n

The intended effect is to acknowledge how people are feeling in the moment so that we can move on to a solution-based approach.<\/p>\n

4. Leveraging systems and technology for a more adaptive environment.<\/h2>\n

This is a great opportunity to evaluate what systems you are using in your business and how they support a transition to working from home.<\/p>\n

There are many great platforms, many of which are free or low cost, that will make this time much easier to manage. For example:<\/p>\n