The Surprising High-Performance Habit That Entrepreneurs Can Use to Survive (and Thrive) During Any Crisis
Grow Your Business, Not Your Inbox
Contact tracing. Stay 网盟彩票官网. Alone together. The new normal. Social distancing. Essential vs. non-essential business. Months ago, these words were nonexistent.
In one of the rare moments in human history, all 7.8 billion people on Earth share the commonality of being affected by the current crisis in some form or manner.
While it's easy to get emotionally lost due to the overwhelming amounts of information, you must remind yourself that this isn't your first
A appearing in the Harvard Business Review was conducted with the Economist Intelligence Unit on 343 businesses around organizational speed and the need to slow down.
Inside the study, "the companies that embraced initiatives and chose to go, go, go to try to gain an edge ended up with lower sales and operating profits than those that paused at key moments to make sure they were on the right track. What's more, the firms that 'slowed down to speed up' improved their top and bottom lines, averaging 40% higher sales and 52% higher operating profits over a three-year period."
When an unexpected crisis or challenging situation knocks at your door, before leaping into action, pause for a moment so you can understand your opponent.
What slowing down to speed up looks like in chaos and crisis
The first step, whether it's with your health or business, is to conduct a reality check to see where you stand. Think of this as an audit.
For example, with the current pandemic, think about your business goal and then objectively ask yourself, "Is accomplishing my goal still a possibility?"
If it's still a possibility, maybe the strategy needs a tweaking along with your habits and infrastructure. Or perhaps your goal is torn to shreds, and a new goal is necessary.
No matter which scenario, slowing down allows you to make a plan that's congruent with your long term vision.
If your health and weight are in a tight spot, consider getting some lab work done to see where you stand not only from a physical standpoint but also from a cognitive perspective.
Amid challenging circumstances, if you slow down and do preliminary work such as assembling various data and insights before heading into action—you'll gain much more clarity as to what's going on inside your body (and business). With more clarity, you'll be able to craft a much more precise plan strictly tailored to your unique biology (and business).