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Making the Shift from Survival to Growth - Trends and new Paradigmas

A key to thriving in the new business reality requires making the mind-set shift from survival to growth. But the shift from immediate survival to planning the next steps creates a new set of challenges for leaders.

People have spent months thinking about “What If?” When people are in survival mode, it can be difficult to get them to give their all. Now that organizations are beginning to dig their way out of survival mode, they must chart and communicate a new course of action.

During uncertain times, people are hungry for a clear sense of direction. Organizations must provide a plan for moving forward to build confidence and to communicate that leadership is focused, energized, and ready to create results.

When clarity and understanding about what the organization is up against is established, everyone becomes part of making the plan a reality.

Once that important change in mind-set occurs, the numbers will start to inch up a little bit and people will begin feeling better about what’s going on. The whole system starts moving in a positive direction again. This provides some breathing room and a chance to reflect on the future. Now leaders can get back to work on things such as “Where do we go next?”

Boards provide supervision and stewardship but their effectiveness is dependent on the scope and quality of the information they receive.

Dieter Langenecker's experience has led to the development of Board Briefings, a service that ensures informed boardroom debate by providing independent, relevant and concise information and insight on trends and new dynamics.

The result is a board with greater capacity to make empowered decisions, functioning more effectively and at the forefront of corporate governance.

No trend goes on forever. This truism prevents complacency during good times and gives hope during tough times.