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Michael Hyatt – Leading Through Crisis

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Michael Hyatt – Leading Through Crisis

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Michael Hyatt – Leading Through Crisis

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Six Sessions to Navigate the Chaos

Session 1: Shift Your Thinking

  • Move from a place of scarcity and fear to abundance and confidence
  • Quantify the resources at your disposal to draw on during this time
  • Recall past victories to fuel your resilience today
  • Take control of your thoughts so your mind becomes your ally not your enemy
  • Tool: Personal Resources Inventory

Session 2: Stay Grounded

  • Clearly understand what you have control over and what you don’t
  • Four areas to focus on to regain your sense of equilibrium
  • How to set yourself up for high-quality decision making when the stakes are high
  • Simple practices you can use every day—no matter how crazy it gets—to combat overwhelm, exhaustion, and fear
  • Tool: The Grounding Habits Record

Session 3: Assess Your Vulnerabilities

  • The four areas in your business you must consider when assessing vulnerabilities to build the foundation for your Crisis Action Plan
  • The specific questions you need to ask in each domain to ensure you’ve thought of everything
  • Identify your top five to seven vulnerabilities that must be addressed now to survive
  • Tool: The Business Vulnerability Assessment

Session 4: Reduce Your Risks

  • Four strategies to employ to reduce your biggest risks
  • Identify what you need to Suspend, Reduce, Eliminate, and Diversity now
  • How to create a three-tiered approach that guarantees you respond appropriately to your top five to seven vulnerabilities
  • Tool: Risk Mitigation Planner

Session 5: Identify Your Opportunities

  • How to leverage innovation and creativity like never before
  • The four-part framework for identifying which opportunities make the most sense to pursue given your particular context
  • Discover hidden opportunity in four areas—Market Penetration, Product Development, Market Expansion, and Business Diversification
  • Tool: Crisis Opportunity Maximizer

Session 6: Implement Your Plan

  • A three-step process to help you quickly develop a communication plan for your team and your most important external relationships to inspire confidence and trust
  • Exactly what your employees and customers need to hear from you now
  • How often you need to communicate to keep everyone aligned
  • The biggest communications mistakes you can make in a crisis and how to avoid them.
  • Quickly finalize your Crisis Action Plan for rapid implementation
  • Tools: Crisis Communication Planner and Crisis Action Plan

Additional Training: Cash Flow Scenario Planner

  • Run cash flow scenarios to understand your tolerance for revenue dips
  • Determine which expenses you can afford to continue and which ones you can’t
  • Identify how long you can go before you need to do layoffs or make other significant decisions
  • Determine whether or not you need to pursue additional cash resources like emergency loans, lines of credit, personal asset liquidation, etc.
  • Tool: Cash Flow Scenario Planner

Additional Training: Layoff Decision Maker

  • Three questions you need to solve if you’re considering layoffs.
  • How to assess if layoffs are necessary for your organization.
  • Specific questions to inform who you should lay off (if that’s what you choose).
  • A process for handling the layoff conversation, and how to do it with care and concern.

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