Learn from the Wisdom in the Lessons of History

“Fortune favors the prepared mind.” - Louis Pasteur

D. Brown Management Profile Picture
Share
Leadership Tools COVID-19: Learn from the wisdom in the lessons of history. Graph representing the Great Recession 2007-2008

How much time do you and your team spend exploring the broader context of our world?  

How much time do you and your team spend sharing this information and deeply discussing the trends, threats, mitigation, and opportunities presented?  

Have you looked at the last recession and how your company got through it?  

  • The overall industry employment fell by 28%. Did you do better or worse in terms of revenue, headcount, and profits? 
  • Remember that averages only tell part of the story.    
  • Many of our clients prepared well and grew through the recession.  

What would you do differently next time to prepare?  



Related Training

Aim for the Clouds - Looking at Your Objectives
As contractors plan their businesses, projects, production or improvement goals it’s important to look at objectives in two ways:
Headcount, Stages of Contractor Growth, and Growth Inflection Points
Every contractor will navigate very predictable stages of growth. Each of these represents about a tripling of headcount and requires different leadership focus, strategies, structures, and systems. Stress and failure points are also very predictable.
Good or Bad is Just Perception
“There is nothing either good or bad but thinking makes it so.” - William Shakespeare It’s too easy to frame things that happen as good or bad. Try to frame things simply as events and accept that you can choose to perceive them however you want.