Lately the news is running stories that the recession may be weakening. The chatter is that many of the key indicators (other than unemployment) are starting to indicate that we may just be a quarter or two from the “light” at the end of the tunnel.
We aren’t so sure. From the leaders we know, our colleagues in the leadership blog world, and the groups we present to, we see a different outcome at the end of the tunnel. Sure many of the cost reductions have had a positive impact on margins and liquidity, but will this be sustainable? Many executives have shared their doubts that the changes and strategies they put in place during this recession will be able to make their organization more capable of reaching their future targets. Even worse, they question their own energy and capacity to continue to try to keep up, let alone get ahead.
Up until now, many executives could blame the economy for their poor results but how long will this be possible? As companies have stripped their workforce, the patience for low performing leadership seems very thin. We are constantly told that the pressures placed on executives from all the stakeholders increase daily.
At the same time, the recession has taken a toll on many leaders, their teams and their entire organization. This wouldn’t be so bad if there was a break to regain your composure, reenergize your passion, refocus your mindset, and get the troops rallied to move forward. But in business you have to fix the plane while you fly it. If you weren’t exactly full of energy, resilience, and capacity before this most recent crisis, you surely are worse for the wear now.
This is the crisis at the end of the tunnel. There will be many opportunities that emerge from the post recession economy. Unfortunately, too many leaders and organizations will still be in survival mode. They are numb, tired, foggy, and lack the passion to really capitalize. As Seth Godin commented in his blog, they are preparing to place or show but definitely not win.
The last year has been a time of less. Less people, less investment in the people remaining, less optimism, less outward focus (on the customers and the opportunities), and less training. Unfortunately, it has also led to less swimmers. In order to see the light at the end of the tunnel you need to change the paradigm to one of MORE. More energy, more passion, more productivity, more preparation, more focus, and more design.
These things don’t happen by chance they happen by choice. They are the result of your Mindset, Nutrition, Movement, and Recovery habits. How are yours?
By Scott Peltin
Founder & Chief Performance Officer