Stay involved and focused when doing a workout
The number One rule in a
workout, turnaround or Bankruptcy is to stay very involved and have a never
give up mindset. If your team, professionals and opposition see or sense that
you do not believe, have faith, energy or have abandoned ship then your done.
Don’t be late for calls or
meetings, return emails on time, unless its part of the strategy of course.
Focus on the day to day business or property and what you need to do to improve
the situation. Focus on the legal battle your fighting.
You’re the leader and they
take the lead in energy and drive from you.
If you have made up your mind
to stay to the other side, then stay involved. If that means bringing in new
management or professionals, that’s fine, do that. But if that is you, then you
need to stay focused and keep pushing ahead. (You will gave good days and bad
ones, but you need to try to have more good ones)
H. Jack Miller
http://www.gfcib.com/turn-around/stay-involved-and-focused-when-doing-a-workout/
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