From the course: Protecting Profitability by Reducing Financial Risk

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Leadership development

Leadership development

From the course: Protecting Profitability by Reducing Financial Risk

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Leadership development

- Exhausted people everywhere will often complain that they are busy putting out fires. We all have experienced that feeling of putting out that metaphorical blaze to then just have another fire pop up out of the blue. While these times seem to be random, I think that most can be avoided with preplanning for crisis. These little or sometimes large calamities are all part of the risk management process. The reason is that because they take you or your staff away from normal operations, they jeopardize business continuity and damage profit margin. By including leadership development as part of organizational risk management, a company will go far in avoiding those pesky fires that derail profitability. There are three areas to discuss in this video to help you greatly enhance your development of leaders and bench strength. Area number one is the most important. It's improving communication skills. Just enhancing this one area will make a huge difference in any organization. The best…

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