Right now if you are not investing in the people of your business (including yourself) I absolutely guarantee that you will not be the one best positioned for this recovery.
It is not rocket science get the right people, get them doing the right things and make sure those things are done right. It may sound like it is a whole lot easier to say than do, but really it does not need to be.
Your challenge is if you have not addressed incompetencies. If you’re thinking that you have incompetent people in your organization then the first problem to address is yourself. It would be extremely unlikely that you have employed incompetent people and if you have then obviously you have been an incompetent and reckless employer. If you need to fire anyone fire yourself from this role.
I can not accept that someone would start a job with the intention of destroying a business so when an employee gets disengaged ask yourself “how have I contributed to the issue?” I passionately believe that people by nature want to do a good job. I am still constantly amazed when employers complain about an employee and when you help them peel back the onion they identify the issue usually always begins with them.
Make sure what you want to achieve in your business can engage and align your people. Then share with your people what you want to achieve with your business and share what you achieve with your business with your people.
You will know when you get this right when someone congratulates you on a successful business and the only thing you are able to say is “All I did was provide a vision for an amazing group of people to come together and achieve some extraordinary results.”
Right now invest the most of your resources in your people as they are the opportunity for the greatest gains. Bang for buck your people will always be your greatest opportunity to make money. So knowing that your people are the most important thing in your business (reality check it was never your customers) does it not make sense to invest in your most valuable asset?
If you have already done this enjoy the recovery.
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