We live in uncertain times. As such, business leaders need to be able to deal with  setbacks and recover quickly when things go wrong.

Leaders are faced with different challenges every day. These might include managing conflicts, dealing with increasing regulatory change or difficult trading conditions. Having the ability to cope effectively when under pressure is essential. So how do you become a more resilient leader?

Focus on your strengths

In the face of adversity, remember the strengths that have gotten you where you are and ask yourself how they can be applied to overcome the current challenge.

Take time to reflect

Whether you’re celebrating success or enduring tough challenges, make time to reflect. Reflection fosters learning and helps you to develop new perspectives and a degree of self-awareness that can enhance your resilience.

Working with a business coach can help you gain perspective and widen the options you bring to challenges and opportunities. Were you aware that Ascentis have an inhouse business coach that can help you? Get in touch here.

Don’t ignore the negative

Resilient managers see negatives and risks, but don’t dwell on them.  Instead focus on reframing issues in a more proactive direction. Negative challenges are best seen as opportunities to learn.

Define your purpose

Developing a sense of purpose gives your work meaning and helps you put it into a larger context. A clear sense of purpose helps you to assess setbacks within the framework of a broader perspective. It also helps others in your firm to understand what you are trying to achieve.

 

Check out the Simon Sinek book “Start With Why” or easier watch his TED talk, its 18minutes of real thought provoking stuff. There is a follow on book called, “Find Your Why” if you decide to go further.

 

Businesses with a purpose beyond profit have been proven to gain greater staff engagement and grow faster than those that focus solely on financials.

Build relationships

Resilient business leaders build relationships with colleagues and bring those colleagues along with them. Developing good relationships with colleagues creates a strong base of support which is critical in helping managers to achieve objectives, develop perspective and make difficult decisions.

Simply sharing a challenge or barrier you are facing with a colleague can help. Asking for help even more so. But this requires strong and trusted relationships as in the process you have to share a vulnerability.