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In Times of Economic Uncertainty, Is Time an Ally or an Enemy of DecisionMaking?

Strategy | 
29 January 2026 | 
Strategy
29 January 2026

What a stretch these past five years have been. A pandemic followed by geopolitical conflicts—more than enough to fuel inflation. And now, we’ve completed the first of four years with an unorthodox head of state south of the border, whose actions have contributed to global economic instability while also threatening peace and international law. In such a context, what is the responsibility of a business leader trying to guide their teams toward stability? Is it wiser to wait for calmer waters, or to lead decisively without flinching?

Imagine maintaining operational status quo for five years. The risk of being overtaken by competitors and pushed to the brink by economic conditions is high. On the other hand, reacting impulsively without stepping back can lead to costly mistakes that jeopardize cash flow. And what about the impact on employees? Few things fuel pessimistic scenarios, low morale, and turnover like a climate of uncertainty.
There’s no denying that every strategic decision weighs heavier than usual on executives. At the same time, indecision often proves more damaging—even when no option seems ideal. From what I’ve observed, the line between acting too quickly and acting too late is razorthin. Leaders must learn to adjust and operate in that narrow sweet spot.

In 2025, I had the privilege of supporting courageous leaders. People who learned to juggle tariffs, shifting subsidy programs, supplier price increases, and declining sales. Entrepreneurs who still chose to invest in leadership development and in strengthening the skills of their management teams. Not only to avoid facing the storm alone, but to communicate and execute their decisions with greater clarity and resilience during crisis.

In certain manufacturing sectors, I saw employees stand together and reduce their hours so others could keep their jobs. I also saw managers forced to implement temporary layoffs, hoping to bring their teams back as soon as possible. In these situations, maintaining a full payroll without the expected revenue could have drained liquidity and threatened the company’s survival. A difficult decision, but one that required swift action despite the human cost.
In the tech sector, I saw decisionmakers accelerate their growth and investment plans to avoid falling behind in the race toward artificial intelligence integration. This meant hiring highly skilled—and highly paid—talent. The result: modernized technological services compliant with new regulatory requirements. Financing was necessary, and it came with the stress of taking on debt. But waiting to secure full funding before moving forward, or passively watching competitors innovate, could have meant losing clients due to obvious obsolescence in an industry that moves at lightning speed. Investing in the future of their product was a wise choice compared to watching it become a relic of the past.
In the defense industry, I saw projects and contracts multiply. The challenge became finding and integrating new workers at high speed. Can we really afford to let opportunities pass simply because we’re not fully ready? Sometimes, building the process while operations are already underway is necessary when the industry itself is booming. Watching the train go by may mean missing the chance to board the next one.
In the nonprofit sector, I saw teams double their efforts and creativity to attract philanthropists—often working twice as hard for the same donations, or even less. When a cause matters deeply and deserves to be defended, it’s not the time to fade into the background because donors are giving less. It’s the moment to show perseverance and resilience, to demonstrate that the organization is alive and making a difference in the community. A way to be chosen without begging.
The same events throughout the year… yet different impacts and different decisions depending on the organization. What all leaders share is strength and tolerance for risk. Showing empathy is the bare minimum. Keeping a cool head and calculating each move is essential to withstand pressure. Putting things into perspective, reassuring, deescalating, motivating, supporting, and standing by loyal employees—this responsibility should never be taken lightly.

To still be standing and looking toward 2026 with enthusiasm, the most important posture to adopt is that of a confident leader whose words and actions align. Vulnerable, perhaps, but present—ready to face the music with transparency and maintain focus on the shared vision.

In other words, if things are going poorly, communicate it clearly—along with the action plan to turn things around. The truth may create temporary instability or insecurity, but it also sparks a sense of urgency and unites the team to create a direct, positive impact on what comes next. Your bond of trust with your people will grow stronger. It’s in the storm that opportunistic talents rise and surprise you.
There are no guarantees of success in business. Each new year resets the counter to zero, even if the previous one was profitable. Whether in growth, decline, or stabilization, remember that you remain the reference point—the pillar your team relies on.
So I wish you care and balance in 2026. Invest in yourself. Learn, understand yourself, and adapt. I look forward to supporting you for another year on this journey.
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