Companies will always have ups and downs. There are instances when things don’t go as planned. The key is to keep going. Try different ways to help the company recover. It might take time, but it’s possible. Managing the employees during a crisis is one of the most daunting tasks. They might feel terrible about the situation. Others fear their job and decide to leave. Since employees have an integral role to play to help the business recover, it’s critical to let them stay motivated.

Be transparent


Regardless of what’s happening, be transparent to the employees. Let them know where the business is. If it’s a financial crisis, show them the numbers. Prepare slides to discuss the reality. Call everyone in the meeting room and show the details through a ceiling projector. It should be securely held by a projector ceiling mount that you can get from If you explain the situation in detail, the employees can decide what to do next. They have the choice of either staying with the company or finding other choices.

It also feels good that you’re telling the truth. Employees would rather hear the painful reality than receive sugar-coated information. It reveals how much you trust the people working with you.

Discuss the changes

Things can’t stay the same during a crisis. Changes are necessary to prevent things from getting worse. Inform everyone about the changes intended by the company. Again, be straightforward in telling the plans. Let the employees decide if these changes are acceptable. Whether you intend to do budget cuts or downsize the production, be honest about it.

Give the employees a voice in the process


It also helps if you allow everyone to take part in the discussion. Your employees will most likely get affected by what you intend to do. The least you can do is to give them a voice in the process. Ask for suggestions. They might tell you how the company can recover. Not all these suggestions are worth doing, but you should listen anyway.

Guarantee that there will be no lay-offs

Employees will most likely worry about their jobs once you talk about a financial crisis. Assure everyone that you won’t lay them off. Despite the situation, their jobs will stay. There might be uncomfortable changes, but they won’t have to worry about their job. However, if you can’t guarantee job stability, be upfront about it. Explain why you need to let some people go and the rationale for doing it. It won’t be an easy process, but you have no choice. In this case, rip the band-aid off and don’t delay the process.

Be optimistic


You can’t expect your employees to do well when you look terrible. Don’t talk about optimism when you don’t feel the same. Your employees look up to you. Try to be optimistic. Give them a reason to do a great job despite what’s happening. Discuss what you think will happen once things get better. Encourage everyone to keep working hard until you can see things moving in the right direction. It won’t be easy, but you’re the leader. It’s up to you to motivate your team to work hard.

Acknowledge their effort

Working hard amid a crisis is never easy. Your employees might even start looking for another job because they worry about job security. Others will work for the sake of doing it, and the work atmosphere will be gloomy. You can’t expect a light mood given the reality. Despite that, continue acknowledging people’s efforts. Let everyone know that you see hard work. Say thank you to the employees who don’t give up. A simple acknowledgement will go a long way.

Foster collaboration


You always talk about working together, but it’s more crucial now than ever. If everyone collaborates, it could yield excellent results. Employees should try going beyond their usual job description. You also have to do the same as a leader. If you kept isolating yourself before, now is the time to blend well with your employees. They need you to be there for them.

Always make yourself available

People need your guidance. Everyone is navigating a new path. No one knows how to deal with a crisis. It’s time to use your leadership skills to help the company succeed. If you have experience dealing with a crisis before, apply your knowledge this time. If you believe your employees are like children who keep running to you for help, it’s understandable. They want to know how you think about the situation before they decide. Take it as a chance to teach them excellent lessons based on your professional experiences.

Look after yourself too


You keep worrying about others during this terrible situation, but you end up forgetting yourself. You should look after yourself and be the best leader. Take care of yourself and don’t stress out. You’re in a difficult position, and now isn’t the time to get sick. Even if you want to manage the team well, you also have to be in excellent physical shape. Otherwise, you can’t lead from the top.

Hope for the best

There’s nothing you can do to change the reality in a snap. You can only hope for the best during this terrible time. Take one problem at a time and be positive about the results. Work with the people on top and relay the right information to your employees. If they have questions, try your best to respond. If you don’t know the answer, be honest about it. Keep the communication lines open since you don’t know what else might happen. Trust your employees to step up and help the company get back on its feet.

Remember that even if you’re in a difficult position right now, there’s always a chance to survive. Several companies ended in a terrible place before, and they managed to do better. Stay positive, and don’t let the situation dampen your spirit. Again, your employees rely on you. Show them that you feel good about what will happen if you work together.