Well Q3 is in the books with 35% branch closings, not to mention all of those wonderful people gone. It’s time for innovation and leadership by example.
What happens when a factory closes a car model? They don’t close the factory –
THEY RETOOL for a new model.
How can you retool your business and keep your branch offices and all of those people?
As leaders and innovators let’s take a look at what’s happening in those communities and what new industries or products can be produced to help your branches, your people and those communities go from ‘survive to thrive’. Now is the time to pull your eyes away from your spreadsheets and do a regional and demographic review to see who is already doing what.
RETOOL! People are going to need help with various programs from the government and your people can help with that without any lay-offs. Mortgage assistance could be one service. New industries could sprout up from this assistance.
Your people were there for you, now be there for them and the communities they live in.
Start with a “Vision” to save your company and then get your people to buy-in to achieve that very vision standing beside you as shareholders.