FutureSolve - Creating Organizations of the Future

Complimentary HR Performance Index
Provide us with 5 simple data points, get the HR effectiveness report within 24 hours.

Leadership Practices in Down Economic Conditions

Common Response to Economic Downturn


  1. Survival Mode
  2. Control
  3. Panic


Leadership Response to Economic Downturn


  1. Opportunity
  2. Involvement
  3. Focus


Survival Tactics

  1. We Have to Stay Afloat
  2. Eliminate headcount
  3. Decrease Development I Training
  4. Control Expenses


  1. Employee cynicism
  2. Sacrifice long-term growth capacity


Leadership Approach

  1. Opportunity to Improve Efficiency
  2. Upgrade the workforce, manage out poor performers
  3. Focus on strategic cost-cutting – process re-engineering vs. paper clip counting


  1. Employee commitment
  2. Sustained long-term growth capacity