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Michael Burcham

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Leadership Tips for Business Owners: Plan, Manage Cash & Show Concern for Employees

Posted by Michael Burcham on Tue, Mar 24, 2020

Article written by Michael Burcham, an Executive Partner with Shore Capital Partners and teaches at the Owen Graduate School of Management at Vanderbilt University.

These are unprecedented times. There is no playbook for what to do in such a crisis, yet leaders must step up now and guide our communities and businesses as we face some of life’s most demanding challenges.

These challenges may include large quarantine areas, limited access to essential services, and medical shortages for those who fall ill to this virus. Any one of these can also create paralyzing fear.

As the leader, you cannot always control the environment you find yourself. But you can always control your response, your attitude, your behavior, your words and actions. You can always choose to be proactive rather than paralyzed.

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Topics: Business consulting, COVID-19

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