By Adelia Cellini Linecker
Posted 06/02/2010 04:53 PM ET on Investors.com
It’s hard to see smooth sailing when you’re in the storm of a crisis. But there’s much to learn from riding the waves.
“Learning can be the very thing that stabilizes and carries a company through troubled times,” said Priscilla Nelson, co-author of “Riding the Tiger: Leading Through Learning in Turbulent Times.”
A crisis doesn’t have to be of epic proportions to fuel learning.
“It could be about acquiring another company or losing a key player,” Nelson told IBD.
• Reset priorities. When a crisis hits, it forces you to think about what your company must do to survive and thrive. The leaders should focus on: What must we start doing? What must we stop doing?
