{"id":250,"date":"2020-03-27T11:36:49","date_gmt":"2020-03-27T17:36:49","guid":{"rendered":"https:\/\/articles.thescpgroup.ca\/?p=250"},"modified":"2020-09-07T08:22:06","modified_gmt":"2020-09-07T14:22:06","slug":"my-business-is-in-crisis-and-i-need-help","status":"publish","type":"post","link":"https:\/\/scpg.ca\/worthreading\/2020\/03\/27\/my-business-is-in-crisis-and-i-need-help\/","title":{"rendered":"My business is in crisis and I need help"},"content":{"rendered":"\n<p>We are in a time of business crisis like never before and many business owners and  leaders have never experienced a threat as critical as this. Business survival and  the health of our teams have become mission critical. Cash flow is drying up,  suppliers are shutting down, our employees are scared, and our families need us.  How do leaders who already have significant stress and responsibility survive and  thrive, make the right important decisions and stay healthy in a world like the one  we are living in today? Ask for help and don\u2019t hesitate to do it quickly, openly  and honestly.<\/p>\n\n\n\n<p>Over my forty-two-year working career I have lived through three recessions, a  corporate bankruptcy, the global financial meltdown and a few oil market collapses.  In my early career, I was watching as an employee as my leaders, some good and  some great showed us how to navigate a crisis. Later in my career, I was the one  that the employees were looking to as the example of how to lead in a crisis. At no  time in my career did I feel as much weight and responsibility to my organization  and employees than in a difficult crisis.<\/p>\n\n\n\n<p> Here are a few difficult lessons I learned along the way:<br> \u2022 You are the captain of the ship and yes it can be very lonely.<br> \u2022 You can become exhausted without even knowing it<br> \u2022 Your decision making can become broken, emotionally charged or paralyzed<br> \u2022 You can become that negative, defeated person you never were<br> \u2022 Your health can start to suffer<br> \u2022 You can become the centre of chaos<br> \u2022 Your decision making can become very short sighted<br> \u2022 That strategy you worked so hard to implement \u2013 Gone!<br><\/p>\n\n\n\n<p>When we allow ourselves to get in this deteriorated mental and physical place, we  can become the catalyst to a very serious damaging outcome. But we don\u2019t have  to get there and here is the best thing I have learned to help prevent it.<\/p>\n\n\n\n<p><strong>\u201cRecognize that you are in a crisis and be willing to ask for help\u201d<\/strong><\/p>\n\n\n\n<p>If there is one time in your business career you should put the ego or pride aside  this is it. I have learned over my long career that there is a very big community of  leader\u2019s out there that are willing to help. If you have a trusted mentor get them  involved early and be brutally honest about where you are. Having humble, honest  and open discussions will allow you to surface the true challenges you face.  Surfacing \u201cideas\u201d and discussing the \u201cwhat ifs\u201d will allow you to have an amazing  exchange of ideas that just may find the solution or the path forward.<\/p>\n\n\n\n<p>Here are a few ideas where to look for help:<br> \u2022 Reach out to a retired business leader.<br> \u2022 Call up a peer executive at another company<br> \u2022 Think about a business or community leader you have always admired<br> \u2022 Seek out a respected Board Member<br> \u2022 Ask one of your trusted employees<br> \u2022 Ask a family member<\/p>\n\n\n\n<p>These are just a few ideas that have worked for me and have allowed me to grow  and stay mentally and physically healthy as a leader. You will be very surprised  how willing and committed other strong leaders will be when you ask for help.<\/p>\n\n\n\n<p>As business and community leaders we will all face very difficult times and some of  us will be challenged like never before. We can struggle trying to lead through it  alone or we can ask for help and, in the process, become a better leader and a  better future mentor ourselves.<\/p>\n\n\n\n<p>My advice, \u201cAsk for help and do it quickly\u201d. Our family, employees and our<br>business are counting on it.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Please note that The SCP Group is making advisory and mentoring services available on a pro  bono basis to help companies impacted by the Coronavirus. <\/p>\n\n\n\n<p class=\"has-small-font-size\"><em>If you\u2019d like to discuss how we  can assist you and your business, get in touch with John Higgins, the author of this article, at  jhiggins@scpg.ca<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We are in a time of business crisis like never before and many business owners and leaders have never experienced a threat as critical as this. Business survival and the health of our teams have become mission critical. Cash flow is drying up, suppliers are shutting down, our employees are<span class=\"more-link\"><a href=\"https:\/\/scpg.ca\/worthreading\/2020\/03\/27\/my-business-is-in-crisis-and-i-need-help\/\">Continue Reading<\/a><\/span><\/p>\n","protected":false},"author":2,"featured_media":251,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2,7,8,9],"tags":[42,71,74,81,90],"_links":{"self":[{"href":"https:\/\/scpg.ca\/worthreading\/wp-json\/wp\/v2\/posts\/250"}],"collection":[{"href":"https:\/\/scpg.ca\/worthreading\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/scpg.ca\/worthreading\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/scpg.ca\/worthreading\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/scpg.ca\/worthreading\/wp-json\/wp\/v2\/comments?post=250"}],"version-history":[{"count":1,"href":"https:\/\/scpg.ca\/worthreading\/wp-json\/wp\/v2\/posts\/250\/revisions"}],"predecessor-version":[{"id":309,"href":"https:\/\/scpg.ca\/worthreading\/wp-json\/wp\/v2\/posts\/250\/revisions\/309"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/scpg.ca\/worthreading\/wp-json\/wp\/v2\/media\/251"}],"wp:attachment":[{"href":"https:\/\/scpg.ca\/worthreading\/wp-json\/wp\/v2\/media?parent=250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/scpg.ca\/worthreading\/wp-json\/wp\/v2\/categories?post=250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/scpg.ca\/worthreading\/wp-json\/wp\/v2\/tags?post=250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}