I've been thinking today about how running our businesses small or large relates to what's happening in the stock market. I keep coming back to the competencies that I teach and support through www.centerforleadershipskills.com  particularly the competencies of Resiliency and Trust.

Business leaders must be able to create an environment that is quickly adaptable to change. Make sure you have the capacity to be flexible/ Resilient. When you are in a flexible mode remember that change always creates stress  therefore the competency of being Trustworthy is absolutely essential.

Be sure that you and your leaders are well schooled in Change Management and the five stages you can expect employees to go through around change. It is your key to success

I also add a couple of competencies of my own – Compassion and Empathy. Be cognizant of what your staff is going through, personally as well. What sets the world on its ear sets families into crisis. Listen carefully, be observant to unspoken needs and communicate with people. Nothing triggers employee angst and fear more than the lack of communication.yet another leadership competency.

Be strong, competent and confident…Lead on!

PS. If I can help, let me know.