During this pandemic, many leaders are coming to a mind-block as to how to sustain their companies and what should be part of their decision-making model.
This article produced by the Wharton School of the University of Pennsylvania and republished by Lloyd Howell on the World Economic Forum titled Coronavirus: Why Diverse Leadership Matters More Than ever explains the need for leaders to understand the diverse range of impacts the coronavirus is having on their employees and clients/customers.
The article states, “During crises, the presence of diversity and the practice of inclusion is essential to challenge us to look at problems differently and consider a wider range of financial issues and impacts that we might not otherwise.” It is essential that leaders understand the need to reach out to sources of various cultural and diverse backgrounds for guidance, in order to maintain a sustainable company.
Lloyd points out that the positive impact of diversity is powerful as we come together as a team to consider all issues, small and large, that directly impact our businesses’ performances. He further states that, “Our employees, the communities we serve, and our shareholders expect us to use every possible tool to address them [crises], most importantly the full scope of diversity of the very people in decision-making seats.”.
When making these difficult decisions, ensure that you seek the guidance of wise counsel; a counsel of people from various diverse backgrounds that can provide a full scope of understanding to you.
Coronavirus: Why Diverse Leadership Matters More than Ever from The World Economic Forum.
Lloyd W. Howell, J. (2020, March 31). Coronavirus: Why diverse leadership matters more than ever. Retrieved from World Economic Forum: https://www.weforum.org/agenda/2020/03/why-leadership-diversity-matters-in-handling-crises-like-covid-19
Samuel Lowry | Marketing & Communications Manager