Even when your business is in great shape and everything is going well, as a leader, you should always be prepared for the inevitable hiccups that will come your way. Resilience -- the ability to bounce back from the obstacles and setbacks that we encounter in business and in life -- is a skill that every great leader nurtures. By being positive, focused, and driven, you can inspire your employees (and yourself) in a way that makes your company more profitable and more competitive, even after encountering the most difficult challenges.
Safeguard your business from the coming bumps and turns ahead and create a resilient team and company by following these 5 powerful strategies.
1. Acknowledge good work.
When you take time to recognize and reward your employees for the good work they do, they will naturally be more loyal to you and to the company for which they work. As a result, when the chips are down, they will give everything they've got to help you overcome whatever challenges you may be facing.
2. Focus on what matters most.
For anyone in business, the demands on our time and attention seem endless -- there's never a lack of priorities and things that need to be done right now. In reality, few things require our immediate attention, and many of the competing demands on our time can be deferred until later. Focus on what's most important, not just on what's urgent. There's a big difference.
3. Let your team take the lead.
There's only so much of you to go around, and you've got a golden opportunity as a leader to build organizational resilience by getting your team involved in making decisions. This means giving your people the authority they need to make decisions. Instead of just asking your people for ideas for improvements, encourage them to run with those ideas, taking responsibility for them and championing them through to completion.
4. Every employee counts.
It's hard to know what each of your employees will bring to the table when your organization is in trouble and you need everyone to pull together to get things back on track. Every employee truly counts, and it's up to you to ensure that no one is forgotten or silenced when you need everyone's contributions, and you need them now.
5. Open channels of communication.
If you want to build resilience in your business, one of the most-important things you can do is to open up channels of communication through and across every level of your organization. Unfortunately, many leaders prefer to hold onto bad news and not communicate it to employees -- thinking that they are doing their employees a favor. In reality, they're doing anyone a favor, they're just decreasing the ability of employees to deal with adversity and bounce back from it. Instead of clamming up when times get tough, be as open as you can possibly be.