We have endured one of the most stressful periods in modern history, but rather than listing out the challenges (which are numerous), let us take some time to reflect on a valued quality that has emerged in most people during these tumultuous times, specifically business-wise.
This, too, shall pass.
Having endured the past year, first with the bushfires all across Australia and next with COVID-19, restrictions and lockdowns, we have all been given the gift of resilience. Resilience is immensely valuable, not just for businesses but also for employees and the self-employed.
Harvard Business Review recently published two studies about resilience. One study aimed to recognise resilience sources, discovering the best methods to assess resilience and then produce precise ways to boost resilience in ourselves and the ones whom we guide and care about. The other surveyed 25,000 working adults in 25 countries to uncover global data on resilience.
Those studies found that resilience levels are similar across genders, age groups, ethnicities and nationalities, but there were some surprising discoveries.
First, the more exposed a person had been, the higher their level of resilience. People who had multiple connections (5 or more) to others who had contracted COVID-19 or who had contracted it themselves were almost 4 times as likely to be highly resilient than those who had none or 1 connection. The findings suggest that resilience is developed only in the face of suffering and adversity and is strengthened after emerging from it.
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