We are currently facing an outbreak of COVID-19 that has crippled the world. It has made the delicate balance in the global supply chain go awry and therefore affected the structures of many companies around the world. Companies are now looking to become efficient, have fewer costs, eliminate redundancies and so on. Because of this many organisations are relying on interdependent systems that are tightly coupled. In this type of system, there is little slack and few buffers among its parts and, as we are seeing now, little room to maneuver when something goes seriously astray. Dependencies span vast geographic distances, and they can be especially vulnerable to delays in another part of the chain. But there is a way out of this pitfall too which is autonomy. Here’s what you need to know about how autonomy can help sustain a business in the face of a global pandemic.
Democratise your decision making at a cross functional level
When it comes to this unprecedented crisis, although it may not be possible for companies to increase the autonomy of specific product departments or locations, it is completely possible to temporarily allow cross-functional teams to have more decision-making power. This could be thought of as your SWAT teams with a limited requirement to report all the way back up the hierarchy. We know that increasing this level of autonomy can be scary but you will need to believe and trust that your employees are an asset and that they can make the hard choices needed. Trust in their skills and their capabilities.
Embrace the idea of single threaded leadership
If you want good examples of where single threaded leadership has won outright, think Amazon. This method allows a single leader to solve a single problem with an allocated budget within a given timeline. Taking a cue from the venture capital world, this form of leadership entails companies identifying a startup idea with potential and handing it to one leader to bring it to life within the organisation. When this role has been clearly defined, a leader will be in a position to maximise and minimise distractions where they are possible, at least for the moment while is crisis is still at full throttle.
Maintain clear and transparent communication
Leaders will need to make use of digital workflows and start recording who decides what and why. When possible, record business meetings on video and make them available to everyone in the organisation via a simple internal communications platform. This model provides transparency into the key information employees need, thus increasing trust, and it provides clarity around decision-making (and responsibilities and accountability) at the top while lowering communication costs.
Focus on digital collaboration with tools
Often, internal communication is hindered by legacy systems and situations such as waiting for a decision in “next week’s meeting.” In order to aid crisis management, companies should select one set of digital collaboration tools and go all-in. There are plenty of tools around that can be easily installed and used for virtual meetings, instant communication, and project work collaboration. In such circumstances, perhaps you can think of how you can come out of this with a startup that is thriving. Here are some courses from us which you can learn from home that you can attend to and make the most of while this pandemic gradually clears off.
STARTING A PROFITABLE COACHING BUSINESS
Are you a coach who is dreaming of your very own coaching business? Or, are you an individual passionate about coaching that you wish to start it up as your private business? If so, then this course in starting a profitable Coaching Business
is the ultimate guidance course you will ever need. Developed by industry experts, this course slips deep into the coaching industry and relays the dos and don’ts of starting a business in it. A coaching business is profitable: however, it needs proper procedures and methods to make it successful. All of these procedures will taught throughout this course, in addition to tips and tricks that will spray magic to your business. Starting off with an introduction to the duties and responsibilities of coaching, this course will focus more on the four main areas of coaching. The coaching business model that is used to take clients from where they are to where they want to be will then be given high priority through this course. The course curriculum also includes topics that will look into the key three ingredients for a profitable coaching business and the magic sales formula. You will also come to realise how to get clients without investing much on advertisements and on how to deliver your coaching services desirably. On completing this course, you will be skilled enough to work for a range of jobs in the coaching industry. This certificate will also improve your eligibility for the various job incentives provided by your employer, in order to help you make significant progress in your current career. Listed as follows are some of the jobs this certificate will benefit you in, along with the average UK salary per annum according to https://www.payscale.com/career-path-planner
- Strength and Conditioning Coach – £25,008 per annum
- Job coach – £22,487 per annum
- Health coach – £23,958 per annum
- Athletic coach – £20,226 per annum
STARTING A PROFITABLE CONSULTING BUSINESS
Are you a qualified consultant wishing to establish your very own business? Or, are you a beginner whose ultimate goal is a consulting business of your own
? Then this course in Starting a Profitable Consulting Business is the perfect training program for you. No matter what consulting service you prefer to provide, HR, business, management or technical, this course will guide you in every step of the way to ensure that you establish a profitable, thriving business in consultancy. Designed by industry experts, this course will also expose you to secrets, tips and advices that will come a long way in your business. For you to first establish a business, you should have a broad idea of the industry. Therefore, this course will introduce you to the consulting industry, in addition to an insight on the duties, responsibilities and services offered by consultants. You will also get to learn the three types of consultants found within the industry. The three must-haves for a successful consulting business will then be presented through this course. You will also come across chapters that will look into the differences between generalist vs. specialist consultants, after which you will move onto the more practical issues such as where to find ideal customers and how to read the mindset of your customers to establish a more long-lasting relationship with them. This certificate will help you in starting up your very own consulting firm and will also help you in expanding your education in the area. You can also use this certificate to pursue a career in consulting. Below given are some of the jobs this certificate will help you in, along with the average UK salary per annum according to https://www.payscale.com/career-path-planner
- Business Consultant – £50,677 per annum
- Management consultant – £48,768 per annum
- Technical consultant – £36,285 per annum
- HR Consultant – £31,735 per annum