Leadership within a business is critical, especially during unforeseen times such as COVID-19, this is when our turnaround leadership skills need to get into gear.

1. Tips on what turnaround leaders need to be able to do
in turnaround situations
7 tips for turn-around
leaders
Carmalk Consulting

2. 7 tips for turn-around leaders
Articulate clearly the company’s
direction and rationale for the
turnaround, even if the final
outcome cannot be known
Tip 1

3. 7 tips for turn-around leaders
Convey a sense of calm, control
and confidence to all stakeholders
Tip 2

4. 7 tips for turn-around leaders
Listen and be prepared to accept
any suggestions that may assist
the turnaround, wherever they
come from within the organisation
Tip 3

5. 7 tips for turn-around leaders
Be both firm and flexible in
managing implementation of the
turnaround
Tip 4

6. 7 tips for turn-around leaders
Replace any under-performing
individuals quickly
Tip 5

7. 7 tips for turn-around leaders
Motivate staff and rebuild morale
lost as a result of the situation
Tip 6

8. 7 tips for turn-around leaders
Assure staff that tough decisions
are made fairly and that people
who are affected will be treated
with due care and consideration.
Tip 7
Source: http://www.cimaglobal.com/documents/importeddocuments/cid_tg_corporate__turnaround_sept09.pdf.pdf