In this episode of Confessions of a Terrible Leader, host Layci Nelson and podcast producer Mary Skop dive into the topic of recession. They provide a layperson’s understanding of what a recession entails and discuss its typical duration and impact on various industries. Layci emphasizes the importance of clear communication, adaptability, and a collaborative approach in weathering economic downturns. The episode also introduces a unique 'zombie apocalypse survival plan' framework as a metaphor for preparing businesses to navigate recessions. They stress the necessity of having early warning systems, clear roles, and excellent team communication to thrive through challenging times. Lastly, they encourage leaders to seek help and guidance to strengthen their leadership skills during uncertain periods.
00:00 Introduction to Confessions of a Terrible Leader