Anxiety is in abundance this Friday the 13th. We write from our mostly empty office building where both cautiousness and outright fear from COVID-19 seem to be in full effect.
Stock markets worldwide have become nonstop rollercoasters, now mostly plummeting downhill. Grocery stores are packed as people stock up on supplies. Panic seems to be at the root of many news articles and communications. As an owner, investor, or member of the management team it can be difficult to navigate the chaos to determine what this means for the future of your company and employees.
As owners and leaders it’s our obligation to step up during crisis – to be a light to those around us. This is at the heart of what we do. InterimExecs RED Team – an elite team of executive change agents — often run straight into the fire, doing what is necessary to listen, diagnose, set plans and execute. The successful leader must be the calm in the midst of the storm – a point of stabilization for the team and a trusted partner for those around them. So how should we react to the events around us?
Dan Sullivan, founder of Strategic Coach® — a program to help successful entrepreneurs expand their capabilities — gives great insight into how we can transform negativity and unpredictability into opportunities for growth, progress, and achievement. Take a look at his “Scary Times” Success Manual which outlines 10 strategies:
1. Forget About Yourself; Focus on Others.
Uncertainty can drive people into themselves, making them feel isolated and helpless. The best strategy here is to go in the opposite direction, expanding your connection with others—focusing on helping them transform their negatives into positives. The more you contribute in this fashion, the less you will need to worry about your own situation. You will become a source of confidence for everyone else.
2. Forget About Your Commodity; Focus on Your Relationships.
In uncertain times, people become frightened about the viability of their “commodities”—the things they sell and the jobs they hold. A more strategic response here is to disregard your own commodity and focus on deepening the power and possibility of all your relationships—with family, friends, team members, suppliers, clients, customers and prospects. Every time you strengthen a relationship, the viability of your commodity will increase.
3. Forget About the Sale; Focus on Creating Value.
Most people don’t like being sold at the best of times. When the future is less certain, they turn off, hang up and slam shut. But what people want at all times is value creation—that is, solutions to help them eliminate their dangers, capture their opportunities and reinforce their strengths. When you focus on providing these three solutions, the sales will naturally follow.
4. Forget About Your Losses; Focus on Your Opportunities.
Things you had and may have taken for granted sometimes disappear. Some people never get over this. They keep trying to replay their old games. A better strategy is to start an entirely new game—using new ideas, new energies, new tools and new resources. As the world changes, opportunities suddenly become available to achieve far more than you ever did in the past.
5. Forget About Your Difficulties; Focus on Your Progress.
Because of some changes, things may not be as easy as they once were. New difficulties can either defeat you or reveal new strengths. Your body’s muscles get stronger from working against resistance. The same is true for the “muscles” in your mind, your spirit and your character. Treat this whole period of challenge as a time when you can make your greatest progress as a human being.
6. Forget About the “Future”; Focus on Today.
The “future” is an abstraction. It doesn’t exist except as an idea. The only future that has any reality is the one that you continually create for yourself through each day’s contributions, achievements and results. This is an excellent time to ignore all those experts who never saw the present circumstances coming. Focus on what you can do over the course of each 24 hours and you’ll be the only expert on the future you’ll ever need.
7. Forget About Who You Were; Focus on Who You Can Be.
Many people define themselves by external circumstances. When these abruptly or unexpectedly change, they don’t know who they are, so they keep trying to be who they used to be. From now on, take your cues from the inside—from your dreams, ideals, values and operating principles. These need never change, regardless of the circumstances. Take advantage of external confusion to become self-directed, self-managed and self-motivated.
8. Forget About Events; Focus on Your Responses.
When things are going well, many people think they are actually in control of events. That’s why they feel so defeated and depressed when things turn bad. They think they’ve lost some fundamental ability. The most consistently successful people in the world know they can’t control events—but continually work toward greater control over their creative responses to events. Any period when things are uncertain is an excellent time to focus all of your attention and energies on being creatively responsive to all of the unpredictable events that lie ahead.
9. Forget About What’s Missing; Focus on What’s Available.
When things change for the worse, many desirable resources are inevitably missing—including information, knowledge, tools, systems, personnel and capabilities. These deficiencies can paralyze many people, who believe they can’t make decisions and take action. A strategic response is to take advantage of every resource that is immediately available in order to achieve as many small results and make as much daily progress as possible. Work with every resource and opportunity at hand, and your confidence will continually grow.
10. Forget About Your Complaints; Focus on Your Gratitude.
When times get tough, everyone has to make a fundamental decision: to complain or to be grateful. In an environment where negative sentiment is rampant, the consequences of this decision are much greater. Complaining only attracts negative thoughts and people. Gratitude, on the other hand, creates the opportunity for the best thinking, actions and results to emerge. Focus on everything that you are grateful for, communicate this and open yourself each day to the best possible consequences.
To learn more about Strategic Coach, visit www.strategiccoach.com