Recently I came across an article written by Vistage Chair, Artie Isaac, discussing leadership ideas in the light of our current times. Entitled “5 Strategies for Leadership Challenges”, it is full of really good insights on effectively leading and mentoring during these challenging circumstances.
All of Artie’s ideas are helpful for anyone leading people, especially right now. But one of the five really stood out to me:
He makes some very good points about leadership and helping associates and teammates understand that, for a while at least, we may not strictly return to “normal” as we once knew it. However, as we have discussed before, the entrepreneurial spirit is strong in this country. Our ability to adapt, innovate, and overcome will position businesses for not just longer-term growth, but also for buyer examination down the road.
Artie sums it up very well here:
Normal isn’t the way it used to be. Normal isn’t the way you envision the future. Normal is the way it is today. You might like the way it is today, you might not, but this is normal. We need leaders to lead on this because we can’t ever again be ignorant of the challenges our employees are facing in the fullness of their lives. Remember that these leadership challenges will pass, and when it does, will each of us learn something and retain that learning during the experience?
We agree with Artie that eventually the trials and tribulations we are facing will pass and we, as a country, will come out stronger on the other side.
However, the process you apply to surviving and/or thriving during these times will determine where your business is positioned in relation to your exit plans. In other words, buyers are still active and are expected to ramp up activity even more so as we approach the end of 2020 and beyond.
The businesses that are “buyer ready” – those that have implemented new ideas, created new strategies, those that have adapted and who have leaders that have led in the “new normal” – will be the ones that enable their owners to exit for maximum value.
So where is your business in relation to your exit planning? If you have considered putting your plans on hold for the long term, it might behoove you to re-examine that idea by attending a Generational growth and exit planning conference in your area.
Our consulting team is ready to be your guide and partner in developing tactical and strategic growth strategies that will help you lead your team through this “new normal” and help prepare you to optimize your exit when the time is right for you.
Thanks to Artie Isaac, Vistage Chair, for writing such a well-thought-out piece on leading during these times. I would encourage you to read the entire article here:
And we leave you with a few inspirational thoughts on leadership/mentoring that we hope will give you courage and strength to innovate and create with your team going forward:
"The things we fear most in organizations--fluctuations, disturbances, imbalances--are the primary sources of creativity." --Margaret Wheatley
"Leadership is lifting a person's vision to high sights, the raising of a person's performance to a higher standard, the building of a personality beyond its normal limitations." --Peter F. Drucker
"Innovation distinguishes between a leader and a follower." --Steve Jobs
Carl Doerksen is the Director of Corporate Development at Generational Equity.
© 2021 Generational Equity, LLC All Rights Reserved
The information we learn from customers helps us personalize and continually improve your experience. Here are the types of information we gather.
We receive and store any information you enter on our Web site or give us in any other way. We do not sell or rent your personal information to others without your consent. We use the information we collect only for the purposes sending promotional information, enhancing the operation of our site, serving advertisements, for statistical purposes and to administer our systems. We DO NOT use third parties to provide customer service, to serve site content, to serve the advertisements you see on our site, to conduct surveys, to help administer promotional emails, or to administer drawings or contests, but reserve the right to do so in the future without advance notice.
Generational Capital Markets, Inc.’s affiliates are all part of one corporate family, they work with one another and may work together to provide services to you. The sharing of your information among affiliates enables Generational Capital Markets to serve you more efficiently and makes it more convenient for you to do business with Generational Group. Generational Capital Markets is permitted by law to share information with its affiliates. All of our affiliates follow similar privacy policies.
For reasons such as improving personalization of our service, we might receive information about you from other sources and add it to our account information.
Generational Group may license the use of its intellectual property including but not limited to its name, likeness, and logo for the use of affiliated offices. Such affiliated offices may not be owned, controlled, managed, supervised or staffed by employees, officers, or agents of Generational Group. Affiliated offices may be independently owned and operated. For more information about a particular office, please contact Generational Group at its office in Dallas, Texas.
This page may contain other proprietary notices and copyright information, the terms of which must be observed and followed.
Information on this web site may contain technical inaccuracies or typographical errors. Information may be changed or updated without notice. Generational Group may also make improvements and/or changes in the products and/or the programs described in this information at any time without notice.
Generational Group does not want to receive confidential or proprietary information from you through our web site. Please note that any information or material sent to Generational Group will be deemed NOT to be confidential. By sending Generational Group any information or material, you grant Generational Group an unrestricted, irrevocable license to use, reproduce, display, perform, modify, transmit and distribute those materials or information, and you also agree that Generational Group is free to use any ideas, concepts, know-how or techniques that you send us for any purpose.
Our computer system protects personal information using advanced firewall technology.
Information Generational Group publishes on the World Wide Web may contain references or cross references to other products, programs and services that are not announced or available in your country. Such references do not imply that Generational Group intends to announce such products, programs or services in your country. Consult a Generational Group representative for information regarding the products, programs and services which may be available to you.
Generational Group makes no representations whatsoever about any other web site which you may access through this one. When you access a non-Generational Group web site, please understand that it is independent from Generational Group, and that Generational Group has no control over the content on that web site. In addition, a link to a non-Generational Group web site does not mean that Generational Group endorses or accepts any responsibility for the content, or the use, of such web site. It is up to you to take precautions to ensure that whatever you select for your use is free of such items as viruses, worms, Trojan horses and other items of a destructive nature.
IN NO EVENT WILL Generational Group BE LIABLE TO ANY PARTY OR ANY DIRECT, INDIRECT, SPECIAL OR OTHER CONSEQUENTIAL DAMAGES FOR ANY USE OF THIS WEBSITE, OR ON ANY OTHER HYPERLINKED WEBSITE, INCLUDING, WITHOUT LIMITATION, ANY LOST PROFITS, BUSINESS INTERRUPTION, LOSS OF PROGRAMS OR OTHER DATA ON YOUR INFORMATION HANDLING SYSTEM OR OTHERWISE, EVEN IF WE ARE EXPRESSLY ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
Generational Capital Markets, Inc. ("GCM"), member FINRA/SIPC, is wholly owned by Generational Capital, LLC ("GC"). Both GCM and GC are affiliated with Generational Equity, LLC; and all part of the Generational Group of companies. This website is solely for general informational purposes and is not guaranteed by us to be accurate and complete statements of fact and should not be relied on as such. Opinions in this website constitute the current judgment of the author as of the date and its last update. The content of this website does not necessarily reflect the opinions of GCM, and is subject to change without notice, and GCM is not under any obligation to update or keep current any information contained herein. This website does not constitute any personal recommendations and does not take into account the specific investment objectives, financial situation or particular needs of the reader. The information contained in this website should not be construed as an offer, or a solicitation of an offer, to buy or sell any securities or other financial investments. The information presented should not and cannot be viewed as an indicator of future performance. To the extent permitted by law, GCM does not accept any liability arising from the use or retransmission of the information in this website.
Furthermore, all information contained within this website is the property of Generational Group.
Honored to be named a 4-time winner of Investment Banking Firm of the Year.
Over 50 awards and counting.
Sign up to receive regular email updates, industry-leading insights and details on complimentary M&A executive conferences in your area from our award-winning team
Success, you have been added to our list.