One of the key determinants of how well your business manages its way through the recession will be the management team attitude or culture. I've summarised these as the Resistor Culture and the Adaptor Culture. I've tried to create a short list that should help you to assess your own organization.
What are the features of the Adaptor Culture?
Face Reality, honestly assess
Flexible / Adaptable
See Crisis and Opportunity
Team perseveres together
Explore alternatives, entrepreneurs
Challenge existing Paradigms
Experiment and Innovate
Invest in new possibilities
What are the features of the Resistor Culture?
Denial, Resist, Ignore, hope
Entrenched, dogmatic, rigid
See crisis and threat
Team falls apart
Stick to what we know
Paradigms rule, new ones too
Cut costs, reduce quality
All investments on hold for now
How's your organization stack up? Is it working for you?
If you feel like you could use some help in these difficult times, or you'd just like to get some stimulation of new thinking, then feel free to contact me.