Secrets to Keeping Cool in the Face of a Business Disaster — 2 Comments

  1. I really appreciate this helpful information. Everyone in business knows that things going differently from planned is a constant. I especially liked #4 Adjust as Necessary. Research on entrepreneurs suggests that they are better at handling unpredictable, changing futures and the key reason is that they don’t get overly wed to any one plan.
    Dr. Lynn K. Jones, Certified Personal and Executive Coach

  2. Lesa, these are terrific strategies for dealing with the inevitable ups and downs of running a business. I particularly liked Step 6 “Remain Focused on the Solution”.

    Something I was reading recently struck me as relevant here – that innovation is how companies will survive and thrive in the future. To innovate however, requires a willingness to fail.

    There’s an Indian company, Tata Group, that offers a prize for the best failed idea. The point is that each failed idea offers learning. These “disasters” are actually an important lesson, and the act of “failing” strengthens the company and its employees.

    People make mistakes, technology fails and ideas flop. That’s business and life. Learning from it is the best way to grow.

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