Brian Bacon, CEO of Oxford Leadership Academy, and long-time friend and ally of the ALIA Institute, offers this perspective on the global economic crisis.
What a Wonderful Crisis!
Although the future may seem to be painted in varying shades of grey, some leaders are seizing the opportunity that always accompanies a crisis. They are focusing their people with positive energy and fierce determination on the few things that can make the biggest difference.
As Matthew Key, Chairman and CEO of O2 Europe told me, “Let’s not let this crisis go to waste”. Key is directing the companies under his leadership to increase their focus on innovation, to enter new markets, to eliminate waste, to develop new technology services and generally to strengthen their relationships with employees, customers, the community and other stakeholders. He says, “Although no one would have asked for it, I believe that the global economic meltdown can be a good opportunity for us. It is a forced opportunity to positively drive changes for the customer that might have otherwise taken years. We’re making the most of it.”
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