What They Don't Tell You

Planning for an Uncertain Future, Part 2


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In the second part of our episode on planning for an uncertain future, CWB Wealth Management President and CEO, Matt Evans, continues his discussion with our client and President of Krawford Construction, Terry Tanasiuk. Navigating the pandemic has been difficult on a multitude of levels and this conversation brings to light the challenges of leading a business through uncertainty and the lessons the last few months have taught us.

COVID-19 has demonstrated the unpredictability of the ever-changing world we live in, which is why Terry Tanasiuk continuously stresses the importance of not “biting more than you can chew” as a business owner. In this podcast, he advises leaders and executives to always preserve a safety cushion in order to prevail in the face of adversity, further reinforcing the value of long-term thinking. Drawing from his years of experience in the construction industry, Terry Tanasiuk discusses the importance of sticking to a plan, as patience and persistence will be rewarded in the future. By eliminating the white noise, saying focused, and finding new opportunities, he was able to keep the company structured and on track for success.

Beyond the importance of planning and executing for the long-term, this episode also discusses the different leadership strategies Matt Evans and Terry Tanasiuk have utilized to take care of their teams and ensure everyone felt safe amid a global health crisis. By establishing protocols, setting up a COVID-19 crisis team and offering support through proactive communication, they were able to offer people a sense of comfort. Beyond team management, the strong company culture that was established prior to the crisis ensured that employees themselves were supporting and looking out for each other.   

This episode also discusses the importance of mental health and self care as an executive, leader and business owner. In order to provide support for the team and clients, it’s important that leaders take time to take care of themselves and nurture their well-being so that they can show up to lead the business. By avoiding bringing work home, taking breaks, making time for hobbies and spending quality time with their families, they are able to create a sense of calm and anchor themselves so that they can be solid in their professional lives.

To end this episode, Matt Evans and Terry Tanasiuk share what they don’t tell you about planning for an uncertain future. In a year of volatility and disruption, the value of research, reassurance, reaction and patience stood out. By sticking to the core long-term plan but also pivoting some elements if needed helped them move forward

 

To learn more about Matt Evans and CWB Wealth Management

Matt’s LinkedIn: ca.linkedin.com/in/mattevanscfaedmonton

Matt’s bio: www.cwbwealth.com/en/about-us/our-team/matt-evans

Website: www.cwbwealth.com

LinkedIn: www.linkedin.com/company/cwb-wealth-management

Facebook: www.facebook.com/cwbwealthmanagement

Instagram: www.instagram.com/cwbwealth
 

To learn more about Terry Tanasiuk and Krawford Construction

Terry’s bio: www.krawford.com/about

LinkedIn: www.linkedin.com/company/krawford-construction-inc.

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What They Don't Tell YouBy CWB Wealth Management