6 Ways to Recession-Proof Your Workforce
Keep Staffers in the Loop
When employees feel they know what's going on at the company, they tend to perform better, Armstrong says. If they feel distant from decisions, and removed from how the place works, they'll turn apathetic, and their performance will suffer. Preparing for a rough period may require you to address your staff more than usual. Let your staff know if the mission or strategy has changed. Discuss upcoming challenges. Talk about what's working and what's not. "And let them know what they're working on is making a difference and driving the organization," Armstrong says. The more information, the better.