Manage Smarter 117 — Jonathan Slain: Preparing for the Coronavirus Recession

HOSTED BY C. LEE SMITH AND AUDREY STRONG
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Jonathan Slain’s book, “Rock the Recession: How Successful Leaders Prepare For, Thrive During, and Create Wealth After Downturns” came out in September 2019 and is a #1 Amazon Best Seller. His tips are especially relevant today as the world heads into recession due to the COVID-​19 pandemic.

Jonathan coaches high growth leadership teams across the United States to implement the Entrepreneurial Operating System® also known as “Traction.” He focuses on working with entrepreneurial niche/​specialty firms and large corporations ($10M+ in annual revenue), spending over 100 days per year working with teams just like yours.

PLEASE NOTE: Due to remote meeting platform strain caused by more people working from home than ever, there is some audio dropout throughout this recording.

In this episode, Audrey, Lee and Jonathan discuss:

  • What kind of recession we are currently in
  • How to measure your “Recession Readiness”
  • How to organize a tier system for furloughs or layoffs
  • Opportunities that can occur in difficult economic times

"I’m looking at the CDC Bulletins and the economy will be operating at severely reduced levels for several months. We’re hearing a 25% drop in GDP."

Jonathan Slain

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