Alignment of Mindset: The Best Way to Prepare for 2021

Many companies are already preparing for the current year’s setbacks and challenges. Our economy already went through so much last year, just like everyone else in the world. 

The World Bank even reported a 5.2% contraction of the global economy last 2020—marking this economic activity as the worst recession since World War II.

In leadership, we should continue to stand our ground and keep pushing through. Aligning our mindsets can help us stay on track even in difficult times.

Here are five tips to improve you and your team’s mindset for 2021.

Conduct a SWOT Analysis

You can use this tool to aid a comprehensive plan by outlining the company’s strengths, weaknesses, opportunities, and threats. It is also flexible enough to accommodate a wide range, from a 6-month project down to a 1-year tactical plan.

Use this matrix to get a 360-view of how your company is holding up. You can also use this alongside the PESTLE analysis, which comprises Political, Social, Economic, Social, Technological, Legal, and Environmental aspects that must be considered. Apart from auditing department workflows and client satisfaction, you can also look into economic updates and COVID-19 predictions to beef up your analysis.

Brainstorm With Your Management And Top Executives

Some businesses prefer to discuss high-level decisions with the c-suite. These are the chief officers from every department responsible for heavier tasks, such as reorganization or retrenchment. Despite the weight of their decision, chiefs can often be out-of-touch with what happens on the lower levels.

Your brainstorm session will have greater potential if you invite your mid-level managers. Having the whole managerial team fosters inclusivity and allows a more diverse input from each department. You may even get inspired and make a list of those who should sign up for leadership training.

Share Your Timeline With The Team

It’s crucial to have everyone, even the latest hires, on the same page. A plan can only be successful if everyone is fully on board. By showing this level of transparency, you allow valuable feedback from the team to flow through the higher-ups. This, in turn, builds trust and lessens miscommunication within the organization.

Employees who have unaddressed concerns may become embittered and affect the current work process. If worse comes to worst, they may eventually be on their way out. Having clear expectations on both sides prepares a clean slate before launching your action plan.

Keep a Close Eye on Your Metrics

Once the team is ready for a full roll-out, now is the time to track your goals. It’s also best to do it more frequently due to the current landscape. You can do this on a weekly or bi-weekly basis. Make sure to narrow down the metrics that truly matter too.

The goal here is to prove that the company’s plans are reachable through realistic benchmarks and sustainable metrics. Any person who doesn’t see the fruits of their labor will get burned out very soon. Don’t be shy and share positive results as much as you can, as this helps boost morale and promote diligence within the team even midway.

About This Author

infohubsss Joined: January 28th, 2021