{"id":90379,"date":"2024-03-20T13:37:39","date_gmt":"2024-03-20T13:37:39","guid":{"rendered":"https:\/\/www.global-integration.com\/?p=90379"},"modified":"2024-03-20T13:37:39","modified_gmt":"2024-03-20T13:37:39","slug":"learning-about-leadership-30-years-of-ups-and-downs","status":"publish","type":"post","link":"https:\/\/www.global-integration.com\/insights\/learning-about-leadership-30-years-of-ups-and-downs\/","title":{"rendered":"Learning about leadership – 30 years of ups and downs"},"content":{"rendered":"

In our 30th anniversary year we’ve been reflecting on some of our learning around leadership at different stages of the economic cycle.<\/p>\n

It’s easy to be a great company and be seen as an effective leader when times are good. Every time there is an economic shock there are some organisations who have never experienced one before, either because they are young, or they have never experienced a downturn in business before.<\/p>\n

Managing a downturn is when you really express your true values, it is when you may have to make difficult choices that impact people’s lives and careers. How do you do this in practise sets a leadership legacy much more powerfully then what you say when times are good.<\/p>\n

Some of the Tech Titans have experienced this reality for the first time in the last couple of years when they over-recruited during the COVID period and then needed to downsize. They will live with a cultural consequences of how they manage this period for a long time.<\/p>\n

In some cases, how this was handled has demonstrated a lack of depth in people management skills You can get away with some of this when you have great benefits and soaring stock options, but when times are tough it can leave organisations very exposed.<\/p>\n

From 1994 when we started the business to 2000 was a period of reasonably consistent global growth and economic prosperity but we experienced a series of economic downturns with some kind of challenge about every five years including;<\/p>\n