Recessions reorder the market and competitive landscape; ensure you earn the place you want. A recession post-COVID is a likely enough scenario that it must be planned for. Projects have been canceled and design professionals are seeing a drop in demand.
There is no bigger variable in our general health both physical and mental than having a good stable income. As more states go into lock down please make sure leaders at all levels in your company effectively weigh this balance.
It will be impossible for people to fully focus on critical business issues if they aren’t solid personally in mind, body and home. Career and business growth will always be stronger with a stable foundation.
Your people are your business. This is especially true for contractors where nearly 100% of competitive differentiators are the experience of your people. Now we are faced with lots of unknowns and yet we must act decisively.
We are Americans. This is the first thing we must focus on as we lead through the many challenges we will face individually, as families, as businesses and as communities coping with COVID-19 and the very likely financial fall-out that will follow.