Managing the impact of economic disruption on organizational culture will be leaders’ challenge after ensuring business survival.
Business leaders know the importance of organizational culture. It informs how people work and communicate, impacts to what extent people can be creative and problem-solve, and determines the people the company is able to attract, retain and develop.
As businesses of all sizes respond to the significant changes inherent in global economic disruption, it is clear many of the behaviors, values and ways of working together may not suit the needs of a post-pandemic workplace. Accepting that truth and being comfortable with the associated ambiguity will help leaders move through the stages of responding to and recovering from this crisis.
If you are in a leadership position, now is the time to reflect on these three questions:
- What are the core elements of culture the business can not give up?
- What will the business and its people need to let go of?
- What elements of culture will need to be introduced?
In doing so, consider which elements of your business’ culture will contribute to or undermine a successful transition from early 2020 to what is required afterwards. The difficult realization many leaders will need to come to terms with is that the eventual culture they had invested in and fostered over the years may not be conducive to helping them through or after this transition. Leaders must be willing to let go and prepare their teams for that eventuality, too.
These questions are also not up to an individual to respond to and cannot be fully responded to in a moment. Our usual means of communication have been dismantled and the markets that we serve have been jolted. It will take time to develop these answers and, therefore, people need to be comfortable with leading through extreme uncertainty and adopt somewhat of a start-up, problem-solving mindset to unlock the opportunities that exists in periods of disruption.
As leaders reflect on the changes that may be required, they can look to Culture Continuity as a means of increasing their awareness of management practices to help inform their immediate and eventual decisions with ultimate goal of building resiliency into their organizational and team culture.
Managing the impact of economic disruption on workplace culture will be leaders next challenge #leadership #businesscontinuity #cultureTweet
Principal | Leadership Development & Marketing