Company leaders should not let the current economic problems and political uncertainty affect their confidence, one expert has argued.
Niamh O'Keeffe of First100 said that while the recent Budget and "fractured" economy have created a "very challenging period for businesses", managers need to ensure this does not affect their ability to make decisions.
"Fear can be a great enemy to performance, so cancel all fear thoughts from the mind and replace them with confidence," she remarked, adding giving the impression of self assurance and not panicking can help ensure firms keep their performance at a high level.
She urged managers to draw up a clear vision of where they want their enterprise to be in 12 months time and set new goals to help these targets be achieved, but encouraged them to be patient when implementing changes, as resistance to any alterations made in the workplace is likely to occur.
"Devise strategies for overcoming such resistance and be patient with yourself and others," the expert commented.
And those in high-level positions should not be afraid to make mistakes, she concluded, as these can be "a rich source of learning", provided they are taken on board and not repeated.
In addition to this, she said, the ability to "be a fast learner" is key, as many markets are "moving faster than ever before" so managers need to learn to adapt quickly.
Bosses may also wish to take the advice of Phil Flaxton of Work Wise UK, who recently stated workforces should be kept content during a recession, as there is a link between happiness and productivity.
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