5 strategies business leaders can use to stabilize and grow after a rough year

  • Date: 07-Jan-2021
  • Source: Business Insider
  • Sector:Economy
  • Country:Middle East
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5 strategies business leaders can use to stabilize and grow after a rough year

Whether you've been skeptical of your success, struggling to take the next step, or feeling defeated during the pandemic, you can still approach this new year with a strategic plan to elevate your business and life. 

Start embracing change with quarterly planning and reviews to check in, reevaluate business needs, and make sure you're meeting client demands. 

As a leader, you should also empower employees to work smarter, not harder, and leverage their talents in new ways.

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The impact of 2020 will stay with us for the rest of our lives. It marks a critical inflection point of before and after. It is a year that blindsided many small business owners.

We've seen new businesses birthed with success and others thriving amid chaos. We've seen neighborhood classics tragically lost, and others that struggle to survive day-to-day.

Critical points like these thrust every business owner from acting with strategic intention to reacting to curveballs. As we greet 2021, most businesses are settling into one of three camps:

Thriving, but not trusting the successSurviving but hesitant to make bold movesStruggling and feeling battered, bruised, and disillusioned

No matter which camp you fall into, you likely are eyeing 2021 with caution. You're