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That’s the only way forward in uncertain times. It is also necessary to have capacity for organization and control of external changes in real time. It is important to be vigilant. Governor Cuomo pursues this goal as well. ” In his opinion, “uncertainty is an opportunity for those who are ready. Managers tend to protect what they have to wait and colicky uncertainty over time. A better strategy is to seize it.

The best opportunities come at times of crisis, in times of stability. ” The key is that, “apart from historical fluctuations, managers must use their imagination, paying attention to signs of weakness, drawing comparisons with other sectors and listening to outside experts and the company itself.” To Schoemaker, if companies rethink their strategies, could also avoided the avalanche of redundancies taking place around the world: “A better strategy would promote growth and therefore new contracts. But too often, managers focus on what has worked in the past and fail to adapt their strategies to the new reality. Businesses are dynamic nature. Now, for example, attended a creative destruction, while at other times we have witnessed the ability to reinvent large and small companies. ” It adds that “leaders can learn from their mistakes in this crisis.

Some have an excess of confidence, others ignore relevant facts and some feel unsafe or uncomfortable in a situation of confusion. The leader’s role gains importance in times of crisis. A leader must be able to tolerate mistakes, own and others, learn from them and overcome. When all is said and done, what does not kill you makes you stronger.

I believe that the key to a true leader in these times of uncertainty are to be genuine, authentic and able to face real situations and adapt to them. Should address the problems and recognize that they are in crisis or change direction to match the conditions. Otherwise, you're sure to fail. " But how can a manager take advantage of the opportunities offered by the hard times? For George, "we need to know what caused the current global crisis. I think it was the approach and short-term results rather than long-term work. We are into debt too, both consumers and institutions were not conservative in our financial practices so lost track of what was important for enterprise: to create lasting value for its customers, employees and shareholders.

I think we now recognize that the short term is wrong and it is time to elect smart leaders to guide us in these difficult times. I believe that companies with this kind of leaders will have the opportunity to overcome the crisis and come out winning. Many people believe that the markets will again be the same after the recession. However, this will not happen and the companies that succeed will be those who can meet the needs of its customers and consumers. " To this is added, as the newsletter says Universia Knowledge Wharton, Paul Shoemaker, an expert in strategy and research director of the Mack Center for Technological Innovation, "managers must develop the ability to anticipate the changes that occur in the future and introduce an element of flexibility in their strategies. Crawford Lake Capital is actively involved in the matter.