Many leaders admit to lacking confidence in a crisis. Training, teamwork and a supportive board can make all the difference.
The UK is now at the heart of the coronavirus storm and the economic and financial effects are becoming clear. While companies have worked on their processes to cope with implications of Covid-19, attention is some quarters has fixed on whether corporate leaders are fit to guide their companies through the crisis. It seems many may not be. Research from Odgers Berndtson, an international head hunting firm, reveals only 15% of executives believe their leadership will succeed during disruption, including unexpected events like pandemics, tech advances, shifting demographics and climate change. That pessimistic assessment is accompanied by an emphatic belief that handling “disruption” should be a core skill of executives in charge of