Obviously, leadership in extreme situations where lives are in danger is a bit different but the Colonel points our three lessons business leaders should contemplate in the situation with economic uncertainty:
- With the feeling of increased danger, there is increased focus on the leader. Individuals will rely more on the leaders and try to read how the leader perceives the situation and what approach will be pursued.
- There is a greater focus on the core competence of the leader while "soft skills" becomes less important as the stakes are higher.
- Trust in a leader becomes more fleeting than normally and trust is largely determined on an assessment of if the leader is going to put the interest of the organization first.