Managing business in a difficult economy

06 May 2009

The function of a leader - the one universal requirement of effective leadership - is to catalyze a clear and shared vision of the organization and to secure commitment to and vigorous pursuit of that vision
Collins & Porras 1991.

Whilst listening to Col Mark Faulkner at our recent 2020 Vision series event on Fighting the tactical battle whilst winning the war against the economy I became aware that even in our current economic circumstance the need to know where we are going must be of prime concern.

If we don’t know where we are going how can we hope to take the right road. If we know our end point we can plan for the journey and the possible obstacles in our way; competition, finances, resources. There may be unknown obstacles in the way but we will have plans for how to attack these tactical issues. It is only by knowing the final destination that we can hope to get back on track and not get lost.

Find out more at www.refractiv.co.uk/events

Keywords: leadership, strategy, tactics, management

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