When circumstances look dire, you want to be working for someone confident, who remains positive in the face of adversity, is empathetic to your concerns and has a game plan to navigate through treacherous waters.
In response to the sudden changes, companies will need to conserve resources, as they are not sure how long this new era of calibrating risk and securities prices and balancing the impact of runaway inflation and a likely recession. New product lines may be halted. Investments in new initiatives may be cut. After a huge hiring spree, business leaders will now need to consider whether they should curb hiring and commence downsizings.
If your manager is quick to assign blame or scolds you in front of other workers, you know they aren’t the right person to lead the team. Everyone will be afraid to take chances. They’ll live in fear of being yelled at or punished for a simple misstep. This is the time to move on.As revenues and profits decline, managers may panic. When this happens, they won’t act rationally and will enact policies out of fear. Take the pulse of the management and executive team at your company.
This is demonstrated when a boss yells at and verbally abuses people in front of their peers, overreacts to a minor mistake or blames a person instead of owning up to the fact that it's the manager’s fault. The supervisor may become a micromanager and overbearing in their demands. They may start pressuring people to work longer hours, revoke work-from-home privileges, cut compensation and indiscriminately lay off people. The promised raise, promotion and bonus are ignored.
A confident leader will lead by example. They’ll acknowledge the challenges that need to be dealt with and offer a plan of action. A confident manager won’t complain, point fingers or denigrate anyone. A solid supervisor will take responsibility—good or bad. You want a manager and executive team that tells the truth, even when it’s not pretty. They will share a clear vision to get through this time and continually readjust, as things change.
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