Our entire life relies on resilience from learning to walk to learning to cook. And resilience plays a key role in business performance, as well as being essential for our growth as individuals.
Resilience is described as the ability to adapt and bounce back from adverse events’ in the face of challenging circumstances. In our personal and professional lives, we all encounter adversity and repercussions; how we respond to those circumstances may impede our development or propel us. Resilient people have the potential to rebound from difficult times and shifting circumstances and learn from them.
Resilience is linked to optimism, strong emotional management, responsiveness to prospects and forward-thinking. The knowledge of our interactions is important for resilience.
Three types of stress
Obviously, resilience is increasingly important to individuals and organizations as we deal with increased stress and uncertainty.
There are three types of stress: Good stress, for example, feeling nervous before an interview – this stress will result in personal development. Tolerable stress, for example, an illness – this stress is manageable with the right help. Toxic stress or overload is often caused by unpredictable or uncontrollable incidents – this is an unbearable stress.
Some stress is useful because it motivates us to achieve our best. However, we often fail, for instance during times of greater confusion, to toggle off the “stress tap,” and get agitated.
Why is it necessary to be resilient at work?
In view of the constantly changing demands and landscape of organisations, it is crucially important to build the capacity of workers not only to bounce back, but to face obstacles and adversity. People do well if they don’t only keep their minds above water, or need to rebound from acute stress continuously, but are rather stimulated by development and self-learning experiences that result in constant change.
Top 5 reasons why building workplace resilience is important
Resilience increases the welfare of employees
Stress at work has massively affected American people, which means 120,000 premature deaths each year and prices for medicine represent 5–8% of national healthcare overall annually. Resilience can serve as a buffer as a personal psychological ability. Indeed, it is no accident that many politicians in their history have successfully tackled huge adversities or obstacles.
Resilience improves versatility
Resilient people are more versatile and can respond to rapidly changing conditions and situations. Resilience lets staff retain a constructive outlook towards threats, enabling them to adjust to new circumstances.
Resilience improves communication
Disagreements and ego confrontations within any team are unavoidable. Building resilience can help workers transcend disagreements and minimize negativity in communication to one another. This strengthens team coherence, productivity and success in general. Moreover, resilient members will talk and express their thoughts more often, resulting in creativity that can boost the results of the company. Organizations that do not allow workers to engage with management and to add ideas are potentially missing out.
Resilience leads to creativity
Resilience increases the well-being of the staff, which gives them a better attitude to their job. This increases their ability to solve problems and contributes to creativity. Employees that have little resilience are more susceptible to risks that hinder their success and innovativeness. Greater versatility and better teamwork will also contribute to more creativity – central to surviving any company in the tumultuous world of today.
Resilience reduces burnout
Burnout happens as staff lose their passion and motivation for their job — and 76% face it in their lives. The burnout costs for companies are high — workers who experience burnout are 63% more likely to go to an emergency department and 23 percent more likely to take a sick day.
Workers should check for presentness as an early indication of burnout. Present-eism is when a person is physically present but does not deal with their work intellectually or emotionally. It can result in absenteeism that costs the company money, decreases efficiency and reduces the morale of the staff.
When change is predictable, stable organizational hierarchies can support order, clear decision-making, and functional silos to ensure maximum efficiency. However, conventional models of management cannot keep up with an age of rapid transition. Therefore, building a resilient workplace is more important than ever.