Bounce Back! Building a Resilient Business
Peter Drucker described a model in which businesses are encouraged to thrive by being both efficient and effective. One of the principles that help individuals and businesses to achieve this is the ability to be resilient because resilience increases their effectiveness especially at handling adversity. This concept is called ‘bounce back’ and refers to businesses that have the ability to handle change by periodically reviewing what they are good at and setting goals to capitalize on that. Resilience needs to be not only a desire, but a belief system, and far from being an innate skill for all, individuals can learn how to be resilient and therefore build strong businesses from within. At a time when organisations are potentially struggling because of economic pressures it can be particularly valuable to become aware of how to build resilience so that your teams can aim to thrive, rather than just to survive.
This workshop identifies the five components of resilience then helps participants build an action plan around improving each or all of these parts. Improving any one of the areas can have an impact but actively building all five can really help make a difference.
This is an interactive workshop involving discussion in pairs; small group break-outs and a personality questionnaire completed at the time.
- To review the ‘Model of a Successful Business’ by Peter Drucker and how that involves the concept of resilience. Then identify how the application of resilience in certain situations increases both an individual’s and a business’ ability to handle change and problems.
- To define ‘Resilience’ and identify the component parts then complete a questionnaire that helps individuals to recognize their personal score for resilience.
- To introduce another personality trait which explains why some of us are more likely to handle change and be resilient in our lives and those who are likely to need more support.
- To identify strategies that enable a business to improve how resilient it is, thereby encouraging their people to cope with difficulties better, recover quicker and tolerate greater levels of uncertainty or change.