Wednesday, June 3, 2020

Look at your options as opportunities...


Every difficulty is an opportunity to learn, change, and grow. This Covid-19 pandemic, and the lockdown that ensued, has created opportunities for business leaders and employees, families, and individuals. Now that we’re reopening the economy, those opportunities abound to fix things that weren’t working right before and reset practices to address the way things will operate in the future. Here in the Adirondack Mountains, most of the businesses rely on vacation residents and visitors, and they’re all struggling to figure out how to operate safely and profitably.  Old Forge is the resort town closest to my vacation home and the debate there includes closing the main street to automobile traffic and restricting it as a pedestrian thoroughfare, creating outdoor space for safe dining, walking and shopping access.  It’s a reasonable idea but, because it’s a change to the way things have operated for more than 100 years, there is much consternation and resistance. Communities and businesses everywhere are having these same discussions: it’s a perfect time for effective leadership to put everything on the table, foster inclusive engagement and communications and reset perspectives. Find the possible silver lining in the changes you’re considering today.

Rebecca Henderson: Professor at Harvard University’s Business and Economics Schools, and research fellow at the National Bureau of Economic Research

1 comment:

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