Amanda Rose, Founder of Small Business Women Australia, offers strategies on how to build confidence while in an uncertain climate.
Through her work with business owners, CEOs and HR managers, Amanda Rose has devised several strategies to help professionals make business decisions with confidence.
By Anastasia Prikhodko for CEO Magazine
Amanda Rose is the founder of Small Business Women Australia, a network and source of information, advice and learning to support women in small business, as well as the founder of Western Sydney Women and Western Sydney Advisory.
Small Business Women Australia’s private Facebook group, which currently has more than 2,700 members, connects entrepreneurs and allows them to share their business experiences.
Through her work with business owners, CEOs and HR managers, Amanda has devised several strategies to help professionals make business decisions with confidence.
“Leadership in the time of a recession takes a special kind of courage,” Amanda notes. “But that courage is accessible to you. You can build your confidence.”
Amanda explains that confidence is embedded in knowing yourself.
“It grows when you understand what you stand for and where you are headed. In other words, confidence requires clear knowledge of your identity and direction,” she says.
“A recession is no time to be shy. As others retreat, don’t be afraid to take calculated risks,” says Amanda.
“The moment you hesitate in these areas, your confidence will start being impacted. That will have a ripple effect on those you lead; the entire business will feel the weight of your insecurity.
“Good leaders are confident – not because they know what they are doing 100% of the time, but because they know themselves and their purpose.”
Amanda shares with The CEO Magazine six ways that leaders can build their confidence while in a challenging climate.
Review your situation
Don’t blindly walk forward and hope for the best. A recession is a real challenge and one that demands to be faced front on. To act with confidence, you need to understand the reality of your situation.
Ask whether you need to make changes. If so, why – and how? Thinking through these questions before you act is essential.
The more decisive you are, the more that people are likely to trust your decisions.