Tribes

I am reading the latest book by Seth Godin called Tribes - We Need You to Lead Us... interesting book and concepts on leadership.
However whilst I was reading it I was struck by the realisation that currently many of our leaders and managers have not managed or lead people when there is a down turn in the economy.
Leadership today requires a lot of resilience as not only are you trying to manage your business through some tough times but your people are looking at your for support, confidence and security.
How are you managing your people?