4 Strategies to Build Business Resilience Before the Next Disruption


china floods
‘Everything is gone.’ Flooding in China ruins farmers and risks rising food prices SHIMEN, July 6, 2020 — Aerial photo taken on July 6, 2020 shows the flooded farmland in Shimen County, central China’s Hunan Province. Rain-triggered flood hit the county in recent days. (Photo by Chen Sihan/Xinhua via Getty) (Xinhua/Chen Sihan via Getty Images) Full story: https://edition.cnn.com/2020/08/08/economy/china-food-economy-flooding-intl-hnk

How to build your staff’s resilience while working remotely

Four months into the pandemic and the strain on people’s resilience is beginning to show. It is difficult to remain upbeat when each day brings depressing news about the virus, but one thing managers can do to bolster mood and resilience is to keep their teams focused on the fact that this too shall pass.

“People need to be reminded that things will stabilise and to envision who they will be after the adversity has passed,” write David Sluss and Edward Powley in Build Your Team’s Resilience – From Home, published in the Harvard Business Review.

Sluss is an associate professor of organisational behaviour at Georgia Tech’s Scheller College of Business, and Powley is an associate professor of management at the Naval Postgraduate School in California. Their research with US navy recruits shows that resilience can be built successfully even when teams are working remotely, provided their leaders focus on two things: people and perspective…


4 Strategies to Build Business Resilience Before the Next Disruption

If the pandemic has taught business leaders anything, it’s this: The question isn’t if the next crisis will come, but when.

Because the next change can strike at any moment, leaders and their organizations must be perpetually prepared.

But according to their employees, they’re far from ready. Only 38% of U.S. employees strongly agree that they are confident about their organization’s financial future. And most employees — three out of four — believe the coronavirus situation will have a negative impact on their company.

In other words, too few leaders are effectively cultivating a sense of stability about the future.

Leaders can bridge the confidence gap and build resilience by examining crisis management best practices from world-class organizations. In Gallup’s experience, four critical dimensions have emerged as enduring organizational needs and key areas for leaders to focus on…



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