Executive Leadership Strategies When Volatility is the New Normal

Executive Leadership Strategies When Volatility is the New Normal

Consider this. Economic pundits have declared that volatility is the New Normal. Markets are fluctuating wildly day to day. Executive officers, guiding their companies, are afloat in a sea of uncertainty. Investors generally take fewer risks during volatile times. It takes guts to invest when the downside may be greater than the upside. It also takes courage to make major business decisions.

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Leaders… Untangle Your Own Fears and Minimize Your Corporate Tangles

Leaders… Untangle Your Own Fears and Minimize Your Corporate Tangles

As the leader of my own firm, the hardest thing that I have had to do during these challenging times is manage myself… and my own fear. The newspaper headlines do not help. This morning, one of the top headlines in the Wall Street Journal screamed "New Fears as Credit Markets Tighten Up." This was like a red light, siren alert: Marcia, arm yourself, and hold on, it is getting worse. As an expert in human and organizational dynamics, I intellectually know that I am "catastrophizing." That is, I am taking one data point and in my mind, extending it out to its worst possible consequence. I know that this is not healthy emotionally, psychologically, or strategically. It is difficult to shore up my confidence and come up with creative business solutions when my mind and body are frozen with fear.

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