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The Business Case For and Against Resilience.


RESILIENCE LETTERS WITH A FLOWRS IN BACKGROUND










RESILIENCE IS TRUST ON TAP.


Resilience in business is inclusive of all systems, all skills, leadership, and a all hands on deck culture in managing capability and endurance to spring back from challenges and even failures. It is often seen as a desirable trait for individuals and organisations, especially in times of uncertainty and change. The key to business resilience without a doubt is trust as a must, awareness and preparation.

During my own experiences, there have been some critically adverse challenges in which the only way to mitigate this risk and achieve resilience was through being steadfast and true to myself care. For instance, the recent and evolving Covid-19 situation probably comes to mind more often than not these days that impacted everyone individually, businesses and communities. Maintaining my own resilience path held true to my own safety and well-being, even despite some objections.


But is resilience always beneficial for business performance and well-being?


Just like moons and like suns,

With the certainty of tides,

Just like hopes springing high,

Still I’ll rise.

– Maya Angelou



Pros of resilience:


- Resilient employees are more adaptable and flexible, which can help them deal with changing demands and expectations. - Resilient employees are more optimistic and confident, which can boost their motivation and productivity. - Resilient employees are more likely to learn from feedback and failures, which can enhance their skills and knowledge. - Resilient employees are more likely to seek support and collaborate with others, which can foster teamwork and innovation. - Resilient employees are more likely to cope with stress and avoid burnout, which can improve their health and well-being.





Cons of resilience:


- Resilience can sometimes lead to overconfidence and complacency, which can impair decision-making and risk management. - Resilience can sometimes lead to persistence and stubbornness, which can hinder creativity and flexibility. - Resilience can sometimes lead to denial and avoidance, which can prevent learning and growth. - Resilience can sometimes lead to isolation and detachment, which can reduce social support and engagement. - Resilience can sometimes lead to exhaustion and depletion, which can impair health and well-being.


Trust, awareness and preparation are intrinsically linked, and key to a culture of resilience. Taking an objective look and receiving feedback regularly places you in a position of tactical and strategic advantage to identify challenges, successes, and decision making.



“A ship is always safe at the shore, but that is not what it is built for.”


A BUSINESS MAN NAVIGATING HIS BOAT IN STORMY SEAS AMONG SHARKS



Conclusion:


Resilience is not a one-size-fits-all concept. Therefore, it is important to balance resilience with other factors, such as realism, openness, diversity, and self-care. By doing so, we can harness the benefits of resilience while minimising its drawbacks.


Do you want to learn how to cope with challenges and bounce back from adversity? Do you also want to avoid the pitfalls of being too resilient and ignoring your emotions, needs, and values? If so, you need to find the right balance between resilience and other aspects of your well-being. Contact Catherine now!! Get ready to transform your life for the better!


Very colourful chameleon on a branch.

Author Catherine Halse©2023. Business Resilience Advisor.

All rights reserved.



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