Why resilience and reputation go hand in hand
How happy are you with your new jeans? Or indeed, the people tasked with making them? Consumers are putting their favourite brands under increasing scrutiny but, without a transparent and ethical supply chain, there can be significant risk to brand reputation.
Current murkiness around companies’ supply chains works somewhat in their favour, however it won’t stay that way for long. A recent Ipsos MORI survey found that most people polled (55 per cent) would be put off buying clothes from a company that polluted.
Yet a further survey by Ipsos MORI for Changing Markets Foundation found that 44 per cent didn’t know if any well-known fashion brands were associated with sustainability. Only 11 per cent felt well informed about the environmental and societal impacts of clothing manufacturing…
3 Reasons Investing in Employee Resilience Pays Off
At a personal level, we’ve all experienced how essential it is to be able to bounce back in the face of adversity. But while resilience is obviously desirable for us as individuals, business owners and entrepreneurs might be surprised to learn that building resilience throughout their organization can have a clear positive effect on the bottom line.
Resilience is more than a “nice to have.” Companies that foster a resilient workforce enjoy better financial performance, more productivity and happier employees according to new research from the behavioral scientists at BetterUp. (Full transparency: I’m the co-founder and CEO of BetterUp). The study, “Resilience in an Age of Uncertainty,” looked at tens of thousands of professionals, both before and during the pandemic, to uncover the impact of resilience on organizations throughout this time.
Specifically, the researchers uncovered three surprising advantages resilience delivers…