The talking heads on CNBC and Bloomberg News postulate about what type of economic recovery is in the future. Will it be a V or W or??? In the interim, we find our clients continuing to operate with lean inventories, reducing work hours,laying off employees, and maximizing every sales skill they have.
Some firms are using the medieval times approach..... building larger walls, wider moats, and hiding from the bankers who seem to be omnipresent. Lots of emphasis on hope and prayer ( I don't underestimate the power of either).
Looking out over the employee landscape of those who have survived the economic downturn, I am always impressed by the thoughtful decisions most firms make. Those on the payroll are generally individuals with talents which support the current sales base. Yes, some are retained because of their teamwork attitude and loyalty to the firm.
It's also true, that firms who are flexible and innovative: who get to the marketplace 1st will survive and indeed prosper. I propose that this is the time to mine the skills and knowledge of that most underutilized human asset- emotional intelligence to foster innovation and best practices. Too often we pay lip service to team work.
The development of internal software, new products, new sales ideas, lean manufacturing, advertising, the list of ideas that employees have is endless... it is our responsibility to ask and form task forces with the challenge to succeed. " Green Shoots" are everywhere if we help employees to look and harvest.
Engaging the work force in creative ways to meet the company"s vision pays dual dividends - rebuilding the financial coffers and re-energizing the work force whose psyche has taken a pounding this last year.

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