Updated 3 years ago
How companies win amid a crisis
By Alexander Besant, Editor at LinkedIn NewsUpdated 3 years ago
Companies have faced a historically fraught decade, beginning first with a massive economic crisis and closing the decade with a pandemic that is far from over. A report in MIT Sloan Management Review outlines the overarching strategies winning companies have pursued when confronted with a crisis. Some qualities they share: successful companies focus on their talent and prioritize people; they identify looming long-term threats while focusing on 'megatrends' to find new opportunities; third, they prioritize resilience and flexibility to meet.
Watch the conversation from the LinkedIn News page discussing how companies can compassionately approach performance reviews in this time.