Leadership priorities change depending on the performance of the overall economy, according to an Ajilon Finance survey of 700 accountants.
In good economic times, respondents said, the top three most challenging decisions for leaders to make are regarding: recruiting and retaining top talent (47%), pursuing growth opportunities (42%) and maintaining a competitive edge (42%).
In contrast, productivity, or doing more with less, motivating the work force and pursuing growth opportunities are the top challenges facing leaders in poor economic times, representing 49%, 44% and 33% of responses, respectively.
“Although leadership priorities change depending on the state of the economy, taking leadership in your career and your life is important no matter what your role,” David Adams, vice president of training and development at Ajilon Finance, said in a news release. “Whether it involves finding ways to cut costs in your own department, using your access to marketplace research to provide support for new business or just being a cheerleader in your office, there are numerous ‘soft skills’ finance professionals can employ to demonstrate leadership in their jobs today.”
Source: Ajilon Professional Staffing, ajilon.com.