Leadership365° Sustaining and Navigating Economic Challenges

Navigating Economic Challenges: Lessons from Companies That Prioritize Their People  In this Leadership365° podcast, we discuss how companies can respond to economic challenges without sacrificing their employees' well-being. We highlight the examples of companies which implemented pay cuts rather than layoffs during difficult times. We also explore how companies can leverage economic downturns as opportunities to innovate and gain market share, as demonstrated by SAS Institute during past recessions. Overall, we emphasize the importance of prioritizing people in times of economic turbulence, and how doing so can benefit both employees and the company in the long run. Check out some of Nicky Dare's most recent published books: The Kaizen Currency of Success - An Ecosystemic Approach to Life available in Kindle and Paperback here. Also Situational Leadership - Incorporating Situational Awareness for Effective Decision-Making and Adaptability in Dynamic Environments available in Kindle here.     🔗BookClub.NickyDare.club 🔗BooksandCourses.NickyDare.club   🔗NickyDare.club   🔗Podcast.NickyDare.com Please let us know how you feel about this episode. Leave your comment below. Thank you so much!!