39_European_Business_Magazine_Autumn_2020

Page 80

Lessons in leadership from the best in the business

Lloyd Salmons, co-founder, PepTalk

A

s we approach the end of the year, we can look back and put into context everything that has been thrown at us in 2020. Revenues have been hit, deals put on hold, career development has taken a back seat and the connection between worker, colleagues, management and clients disrupted to such an extent that we’re unlikely to ever go back to the world as it was in 2019. But that presents an opportunity for individuals in business - both management and employees - to create a more future-proofed and fluid structure that be er works for everyone. And as we stand on the precipice of a new year, a new vaccine and new hope for a be er 2021 some of the learnings from this pandemic will prove invaluable for every element of commerce in making tenta ve steps to ge ng back to what it does best. Because that’s what businesses do. They focus on the posi ves, learn from experience and look for solu ons. Nowhere is this more acute than in helping teams and staff recover and catch-up from this year. Knowing what we know now, there are some key lessons in leadership businesses can deploy to make sure next year feels like the sunshine a er the rain: 80 europeanbusinessmagazine.com

Grasp the opportunity to build back be er

Empower the efficiency of employees

The last nine months has o en felt like we are 'living from work' rather than 'working from home' but there is no doubt that COVID has caused a shift in how and where people work for the long-term. It means that for both company founders and senior management and the staff they employ, finding me to separate work from personal life is cri cal. The lines will inevitably blur but effort must be made to keep them separate. Things like a dedicated shut down me, ring fenced family days, dedicated me to exercise and just ge ng away from the screen are key. It’s a great chance to establish processes that can better balance work, mental health and family or personal life that should be grasped with both hands.

This year has underlined that people are unique as the spotlight has been placed on how individuals cope in a stressed situa on. Some have families to juggle, some work be er late at night or early in the morning, some can be more productive at home while others prefer to be in an office environment to work best. Whatever it is, businesses have been able to see down to an individual level how best people func on and moving forward there must be allowances for this to continue. Employees have been empowered to find answers to a complex work-life balance equa on and, in many cases, have come up with the right answer for their own circumstances. As a result, we’ve seen a trend for increasing produc vity and people more content with the set-up of day to day opera ons.

2021 won't be without challenge By all accounts we’re about to see anything from a double-dip recession to the worst depression since the second world war. Eitherway, the immediate outlook isn't great but it won't last forever and if history teaches us anything it’s that we can and do bounce back. Remember, if your business can survive this, it can survive anything.

Place a high stock on resilience & adaptability Understand that resilience & adaptability are important transferable skills. If you and your teams can flex at short notice to cope with spikes in demand or disrup on, that is hugely valuable. As an employer, place a great stock on these traits and encourage your employees to display them - even if they don't feel then can or have the ability to do so. The good news is, these traits are a ques on of nurture rather than nature and with the right guidance we can all learn to thrive, whatever is thrown our way.

Innovate to mo vate As people con nue to work remotely and the days of the all-in-office are behind us, founders need to look at innova ve ways to support the welfare, development and 'experience' of their teams to account for shi ing pa erns of work and communica on. While there is (hopefully) s ll a place for it, the days of relying on a team trip to the pub to keep up morale are over and have been replaced by innova ons enabling employees to tailor solu ons to their needs whether that be; mental health, financial planning, coping with pressure or just a shot in the arm to get up and go again. The very best - those that get to the top of their chosen career - do so on talent and work ethic. But this is based on a whole spectrum of other, so er skills like adaptability, problem solving, communica on, innova on and much more. These are the skills that we will all need to lean on if we are to make 2021 a year to remember for all the right reasons.


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Articles inside

Ai In Banking Hype Or Revolu on

12min
pages 98-104

Why Now Is The Time To Tokenize The World

4min
pages 96-97

How To Build Up Partnerships - Remotely

24min
pages 89-95

Lessons In Leadership From The Best In The Business Lloyd Salmons, Co-Founder, Peptalk

21min
pages 80-85

European Business Talks With With Nick Morley

11min
pages 72-75

How The Union Is S fl ing Economic Development And Why Europe Will Never Flourish Under The Eu

7min
pages 78-79

Leveling The Field: How The Rule Of Law And A Free Press Are Crucial In Interna onal Business

10min
pages 86-88

Substack: Independent Wri ng Has Never Been So Easy

4min
pages 70-71

The Storming Cbd Market In Europe

7min
pages 68-69

The Clock Is Tik Toking Why The Use Of Apps Like Tik Tok Are Necessary In Modern Business

6min
pages 66-67

How Joe Biden Will Aff ect European Business

13min
pages 62-65

Unlocking The Power Of Data-Driven Linear Tv For Business Success

4min
pages 60-61

Morocco: A New Genera on Of Civil Servants Paving The Way For Industry 2.0

13min
pages 52-57

Would Uk Businesses Gain In Eu Reloca on

3min
pages 58-59

European Business Magazine Talks To Lamia Tazi

9min
pages 49-51

European Business Talks Exclusively To Mr Mohammed Benchaaboun

14min
pages 44-48

Morocco Bridging The Gap

5min
pages 42-43

Morocco s Moment: Supply Chains Reimagined

4min
pages 40-41

Morocco Building Back Be er

7min
pages 38-39

Latest News

32min
pages 11-21

Leadership In An Uncertain World: Why C-Levels Need To Con nually Ques on

14min
pages 32-35

Portugal Fintech: Capital Raising Of Startups Increased To €276M

3min
pages 28-29

Blockchain: Its Rela onship With Cryptocurrency And Beyond

6min
pages 22-23

Global Debt At Risk Of “Qualita ve Change

5min
pages 30-31

Relentless Cyber Threats Calls For Omnipresent Protec on

5min
pages 26-27

Why Is Big Data So Important

6min
pages 24-25

Covid 19 And The European Pharma Industry

7min
pages 36-37
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