How to Know if You’re Making the Right Decisions for Your Business

//How to Know if You’re Making the Right Decisions for Your Business

How to Know if You’re Making the Right Decisions for Your Business

2020-03-24T12:42:22+00:00 March 24th, 2020|Company News|

With the most recent news that the UK is going into, essentially, complete lockdown, it is without doubt that the next few weeks and months are set to put a significant amount of pressure on businesses everywhere.

Not only are we dealing with the financial ramifications of a nation locked down, but also a steep decline in demand as the priorities of the public change daily. It is certain that every leader in the UK is feeling the crunch at the moment. The path for any business leader has never been less clear and circumstances are changing by the hour, so how will a leader be able to make any judgements when this is the case?

However, all hope is not lost. Many businesses are thriving during this time of extreme uncertainty, not because they were able to predict what would happen (nobody could have predicted this!), but because the business plan that they have implemented has allowed them to act fast. Their leadership and respect from their team has made sure that they are backed 100% when changes occur.

We have put together some of the reasons that business and leaders get enough backing from their team to thrive:

They are clear in their communication

If you are a leader, you will know what we are talking about when we say that it is a fine line to walk between keeping a team out of the loop and oversharing any issues, causing panic. Be clear and concise in the information you share with your employees; if you can’t see what the future look like, it is perfectly acceptable to tell them this. Make sure they know that you are working hard to ensure the security and safety of the business, but you cannot 100% assure that. Let them know that you don’t have all the answers now (we are all in the same boat), but as soon as you do they will be the first to know; this way you will not be springing any, potentially life-changing, news on them.

Prepare for the worst, hope for the best

No, you can’t see the future. No, you can’t possibly know which way it will go for businesses such as yours. What you can do, however, is be prepared for any sudden changes in the company’s landscape. This could be ensuring that your team have all of the equipment they will need to work remotely, such as laptops, mobiles, headsets or group messaging apps. Having action plans in place will be an excellent idea (see our Coronavirus Kit – this may help); in the event that the virus causes certain key members of your team to be unable to work, have a contingency plan to ensure that their work is picked up, as well as a clear chain of command for any issues to be reported.

Trust

Paying lip-service and saying that you trust your staff is very easy, but actually showing this is a whole different ball game. Due to the current lockdown and enforced social distancing, you may not actually see your staff for some months, however, do not fall into the trap of micromanaging. If employees feel spied on and micromanaged, productivity will hit a steep decline, and this cannot be afforded during such a turbulent time. Your staff do not want your business to fail, so trust that they are not only working hard, but to the best of their ability. If you suspect that they are doing otherwise, then step in and take action, but other than then, make sure you celebrate employee successes and reiterate that they are trusted.

If you would like any support, advice, or guidance with an Action Plan for keeping business ‘as usual’, call out HR professionals on 01223 855441.

Headquartered in Cambridge with regional presence in Kettering and Milton Keynes, Aspire Cambridge provide cost effective Recruitment and HR solutions to an impressive portfolio of customers spanning the UK and Europe. Working with a diverse collection of industries from start-ups to blue chip companies covering a vast range of sectors. Aspire Cambridge has an unrivalled knowledge of the jobs marketplace so it’s no wonder that they hold an impressive track record of exceeding client and candidate expectations.

How do they do it? By “Placing People First”.

Contact Aspire Cambridge:

01223 855440 | Cambridge
01536 295460 | Kettering
01908 926610 | Milton Keynes

E: info@aspirecambridge.co.uk
Wwww.aspirecambridge.co.uk