May 05, 2023
The pandemic and subsequent years of economic and political turmoil have taught us the importance of being prepared for major disruptive changes in business. Companies of all sizes have been forced to close their doors due to the inability to adapt to the rapid changes in the business environment. Because we never know what tomorrow brings, it is important for leaders to understand how to manage a team through change and thrive during disruption rather than just survive.
In this blog post, we will discuss the strategies and practices that companies can adopt to thrive during times of change and uncertainty and come out stronger on the other side.
Collaboration Is Key
Collaboration is crucial in any organization, but during times of disruption, it becomes even more critical. It is important to focus on the talent within your organization and provide them with the resources and tools they need to adapt to the new circumstances. Hiring new talent and skill sets can help to create a balance within the organization, but it is equally important to recognize the informal leaders and change agents within the company. By providing them with the opportunity to use their voices, they can help instill confidence in others and create a path forward.
During disruption in business, it is important to rethink the structure of your organization. You need to consider how the business currently exists and what functions it entails, and then identify, build, and implement changes to address the future state of the business. It is important to take into consideration smaller actions or collaborations that teams can work on to implement or make necessary changes. However, these changes must be able to co-exist and be supported by the current ways that your team works until the changes are fully implemented.
Strategies for Thriving During Disruptive Change in Business
Early on, it is important to approach, strategize, and rationalize plans. A lack of information or transparency among team members can be detrimental during times of uncertainty. By being transparent and communicating effectively with your team, you can ensure that everyone is on the same page and working toward the same goals. Here's how you can get started:
- Cultivate a culture of innovation.
During hard times, it is important to cultivate a culture within your organization that is not afraid to fail. Encourage sharing of ideas among team members, no matter how wild or out of their comfort zone they may seem. If everyone is focused on simply surviving and not winning, they run the risk of not surviving at all. By creating a culture of innovation, you can inspire your team to think outside the box and come up with new and creative solutions to problems.
- Leave your ego at the door.
During times of change and disruption, nobody has all the answers needed to continue processing as normal. Nobody has been through this before, so the needed changes may not always be apparent. It is crucial to implement rapidly adapting changes in order to continue thriving and focus on moving forward. This means leaving your ego at the door and being open to new ideas and perspectives. By working together, your team can come up with the best solutions to problems.
- Prioritize business team collaboration.
Successful companies know that business team collaboration is essential for efficiency and remaining stable during times of turmoil. By gathering wisdom through sharing among the team, you are better able to see what works and what doesn't. You can then pull together all of your resources to move forward with confidence and solve the issue at hand. Knowing how to manage a team through change is critical when it comes to continuing growth and thriving.
Effectively Managing Disruption in Business Starts With You — Are You Ready?
Thriving during times of disruption requires a collaborative mindset and a willingness to embrace change. By creating a culture of innovation and leaving your ego at the door, you can inspire your team to think creatively and come up with new solutions to problems. Business team collaboration is key to success, and by providing your team with the resources and tools they need, you can ensure that everyone is working toward the same goals.
At RAPP, we believe that knowing how to manage a team through change is critical when it comes to continuing growth and thriving. By embracing change and creating new ways of thinking, our attitudes can play a big role in how we approach challenges. Leaders often underestimate their own potential to create something amazing out of difficult situations, so the key is to stay positive, adapt quickly and make use of your network. These small steps will help you develop an innovative mindset and stay afloat even during chaotic times.