Thursday, March 4, 2021

March 4, 2021 - What Happens When 10 Million Tenants Can’t Make Rent?

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TradeBriefs Editorial

From the Editor's Desk

Does Your Company Lurch from Crisis to Crisis?

Many organizations find themselves in a perpetual state of crisis and rely on company "heroes" to put out the fires. While many people love the feeling of saving the day, it shouldn't be a way of life. If you've wondered why your organization performs well in a crisis but struggles otherwise, it may be time to pause and ask why. Your heroes may actually be revealing that you have a deeper problem. The author offers four ways to move away from a culture of perpetual crisis. First, understand that heroism is not a sign of commitment, but rather that it's time to make changes in your organization. Second, make sure the way you're allocating resources is realistic. Third, get better at cross-functional coordination. And finally, reward teams, not just individuals.

Continued here


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