|Things often look rosy after you see a way through the maze!|
- Recognize reality: It is impossible to develop any useful plan until you recognize the reality of what you can and cannot control. Levels of influence range from direct control to change situations to having no ability to alter the situation in any manner.
- Identify points of influence: You can only change things where you have sufficient control or influence. For example, you can influence investors to give you funds, but you control expenses and burn-rate. You have no control over people getting sick or natural disasters. Determine where you can make the greatest impact over the situation and spend your energy and resources on those tasks.
- Seek advice: We never recognize what we do not know. It is unlikely your experiences include all aspects of problems you face. Seeking advice from others may be critical to determining next steps.
- Create a plan: Realizing there are options allows for creating a plan to solve the problems. Vetting the plan with trusted advisors may help improve the plan. It is often better to have an idea that may solve a major problem, than to go in every day scared of the pending catastrophe. The fear of the unknown is compounded by frustration of having no means to alter the situation.
- Solicit team support: Getting team support improves the chances of execution of the plan. One of the jobs of great leaders is having everyone row in the same direction. Remember, the team may be just as afraid as you are. Help them to regain composure and to understand the goals and timings. They need to believe the plan be successful.
- Execute the plan: No plan works properly without great execution. People need to know the steps and the ultimate goals. It is your job to help define the roles and timings without creating panic. Any great leader will also have plan A through Z. Always have backup plans and be prepared to be agile in your execution.