An interesting post I came across, with some excerpts. I think this applies to everyone in general, not just project managers. These are trying times for businesses and it looks like they might last a while. Some will fall never to rise again while others will survive, just like Darwin theorized back in his day.
The project manager's role in economic recovery
The project manager's role in economic recovery
"Economic slowdowns often put managers in the position of trying new
approaches, systems and procedures. Anytime you set off into unexplored
territory, take detailed notes. Then, when the dust settles, you'll
have a record of what worked and what didn't."
and ..
"People need to see, hear, smell and taste success -- even small
victories matter. A key to moving toward goals is to demonstrate that
everyone's contribution matters. Communicate every success, no matter
the size. Recognize people's efforts and celebrate loudly -- even if
it's simply a rowdy cheer that says, "We're all in this together, and
we're making progress."
