What does it mean to be Resilient in business? 

So what does it mean to be resilient in business?  Let’s look at a definition of what resilience means; 

resilience rɪˈzɪlɪəns/ noun 
  1. the capacity to recover quickly from difficulties; toughness
  2. the ability of a substance or object to spring back into shape; elasticity. 

 The 3 key concepts in what building resilience as business people are

  1. Toughness 
  2. Bounce-back ability 
  3. Capacity to recover quickly 

Being tough in business has to do with both action and mental health.  Being tough in business isn’t just about taking the punches or blows that happen from time to time.  Like having to lay staff off, losing a big client, going through an HR issue, losing money on a business deal etc.  

It’s also about having mental toughness by not taking offence…like not being offended when a trusted adviser tells you the truth with love, or when a situation presents itself where you were wrong and you needed to explain yourself.   

Bounce-back is the ability to not let whatever circumstance presented to you allow you to stay stuck.  Having the ability to bounce back means that you process the grievance or event, decide what action needs to be taken and do that.  It’s about not getting stuck in the emotional tug of war. 

Finally, the capacity to recover quickly is paramount.  You always need to be moving forward.  It’s not enough to just be tough, take it and bounce-back, it’s also about quick recovery.  Putting you as quickly back into the game as possible, without fuss, argument or fanfare, just doing it!   This can be a long journey, as if it isn’t a natural thing for you to do, i.e. practice resilience, then just put one foot in front of the other…Practice in this case won’t make you perfect but it will make you more resilient, and your emotional downtime will get less and less, until eventually you will process and bounce-back quickly. 

Donna Bates is a Business & Marketing Strategist specialising in Growth & Upscaling hello@onpointstrategy.com.au