Is EMOTIONAL RESILIENCE the secret to survival to a recession?

Some theoriest suggest that resilience is about: 
• how accurately we interpret the world around us (thinking styles); and 
• how well we can adapt our own behaviour in different situations (behavioural flexibility); 
If that is so then does that mean that resilience is the key to surviving the current economic crisi confronting our world!?!?
TenSteps_ResilienceSkill_Aug06_show.pps

Replies to this Topic

In short YES!

LinkedIn Groups

  • Group: Leadership Think Tank
  • Subject: New comment (5) on "Is EMOTIONAL RESILIENCE the secret to surviving a recession?"

"Interesting discussion - I'd see elements of resillience like the ability to see what is and what might be coming into being in our world, to adapt our behaviour, our assumptions, our mindsets appropriately are all key to success in times of stress (and in times of plenty I would argue). But I'd also agree that without a creative and compelling vision of the future, and without the determination, energy and skill to take action to create that vision resillience is all about surviving where you are, not finding a way forward. For me, underlying all of this is a willingness and ability to 'step outside' of yourself, to see things and your place in things as they are, and having a belief in your ability and responsibility to effect change in yourself and on your world."
Posted by Diane Newell

LinkedIn Groups

  • Group: Professional Speakers and Seminar Leaders
  • Subject: New comment (4) on "Is EMOTIONAL RESILIENCE the secret to surviving a recession?"

"Emotional resilience is the necessary “first step” to survive the current economic crisis confronting our world. Speaking from my personal experience of adjusting to a sudden life change caused by a brain injury nineteen years ago, the secret to overcoming adversity -- quit being consumed with your troubles and switch your focus to what you want to happen, pay attention to notice opportunities, consistently do small things over an extended period of time, and believe that tomorrow will be a brighter day. What makes the magical difference? Purpose, passion, hopes and dreams … Identify your “compelling why” and then take daily action. Lighten up with humor and laughter and dare to feel happy in the midst of trying times. Lois McElravy, Lessons from Lois"
Posted by Lois McElravy

LinkedIn Groups

  • Group: Professional Speakers and Seminar Leaders
  • Subject: New comment (3) on "Is EMOTIONAL RESILIENCE the secret to surviving a recession?"

"Emotional Resilience is necessary—but this time around I'm not sure it is enough. Can't shake the feeling that whatever world emerges from current crisis will be profoundly different than the world we know. So in order to survive and thrive, we may also need exceptional cognitive flexibility (willingness to rethink assumptions about the entire economic system, and to reorganize plans/skills accordingly), and a strong spiritual core. More & more when I lecture about voice care, I mention mindfulness and spirituality as PROVEN components of wellness and resilience at the cellular level, as well as for the personality. Even in clinical (medical) settings, people are open to this, heads nod around the room. As Bob Dylan put it, "Let us now talk falsely now/ the hour is getting late." This is a great group!"
Posted by Joanna Cazden

LinkedIn Groups

  • Group: India Leadership Network
  • Subject: New comment (1) on "Is EMOTIONAL RESILIENCE the secret to surviving a recession?"

"A couple of years back there was this big hype about the importance of EQ (Emotional Quotient) and its importance in a successful career when compared to IQ. A person with high EQ would definitely be more prepared to deal with crisis. In times of recession when job cuts, pay cuts, extended working hours have become a norm, it is very important for a person to be adaptable. It is a situation when, in most cases, if you dont bend - you break. Emotionally and mentally strong people are more likely to do what it takes to survive the economic downturn. And not just during the downturn, in normal everyday life too, it is vital to have an open, clear thinking mind to help us make practical decisions. High EQ enables a person to deal with tough situations with confidence and clear thinking enables us to come up with better solutions. A person who is not emotionally strong is more likely use his energies in worrying himself into a fit over a crisis, being too tied in getting anxious rather than working on a solution. EQ counts.. and counts high!"
Posted by Afshan M

LinkedIn Groups

  • Group: Small Business Advisers Network ( Australia )
  • Subject: New comment (1) on "Is EMOTIONAL RESILIENCE the secret to surviving a recession?"

"In recollecting the success and failures that I have observed during previous significant down-turns in the economy, there were some stark differences. The three groups I refer to were markedly different in results - BUT there were some in each group for whom the "group result" did not apply!! The business people who attempted to "block" knowledge of what was happening suffered most. Those who acknowledged the situation and took defensive action suffered - but not as much. Those who acknowledged it and took and saw it as providing opportunities were most successful. Is this EMOTIONAL RESILIENCE? YES. So, don't get depressed about the situation, go into "building" mode! Knowing that it is still possible to be a complete failure, but having a go anyway is the most likely path to success. NOW is the ideal time to GIVE (spend) - and through your giving build long-term relationships."
Posted by Ian Daniels

LinkedIn Groups

  • Group: Fortune100 Coaches Network - F1CN
  • Subject: New comment (2) on "Is EMOTIONAL RESILIENCE the secret to surviving a recession?"

"One of the major tenants of Warren Bennis's work is found in the following quote from his classic book "On Becoming a Leader". Resilience is the foundation of leadership, whether one is CEO of a Fortune 100 during a turbulent chapter or CEO of one's own life during the same time period. . "I believe that the adaptive capacity of resilience is the most important quality in a leader, or in anyone for that matter, who wants to lead a healthy meaningful life." Karen Wade The Long View Partnership, LLC Atlanta www.adaptivetransformation.com"
Posted by Karen Wade, Ph.D.

LinkedIn Groups

  • Group: Fortune100 Coaches Network - F1CN
  • Subject: New comment (1) on "Is EMOTIONAL RESILIENCE the secret to surviving a recession?"

"I think it is the "secret" to thriving in a recession or in an era of turbulence; where "standing still" will leave you lost in a world that no longer matches your "worldview" or "frame of reference"."
Posted by Bob Elliott

LinkedIn Groups

  • Group: Trainer: A Value Has A Value If and Only If Its Value is Valued
  • Subject: New comment (1) on "Is EMOTIONAL RESILIENCE the secret to surviving a recession?"

"It's so funny that you bring up that topic today. Last night at my local ASTD meeting, the program was called, "Even a Duck Can Drown!" 4 Keys to Building Resilience. Maureen Orey, from the Workplace Learning and Performance group shared an interesting personal story / metaphor around the topic of resilience and how to achieve it during turbulent times. She basically broke it down into 4 key areas. Key 1 : Know Your Resources Get Connected \ Be Socially Competent Key 2: Adapt to Change: Be Flexible/ Be Able to Solve Problems Key 3: Think Ahead Be Pro-active / Get Organized Key 4: Know Where You Are Going Feel Self Assured / Create a Personal Vision You can learn a little more about her slant on the topic by googling the program title and/or her name. Ultimately, I do think ones ability to be resilient is critical whatever the circumstances. Having the ability to shift gears, respond to change and move forward is key to sustainable success and emotional comfort."
Posted by Anita Goldin, SPHR

LinkedIn Groups

  • Group: Private Equity and Venture Capital Group
  • Subject: New comment (1) on "Is EMOTIONAL RESILIENCE the secret to surviving a recession?"

"It's a key to surviving it in the physical and emotional senses, so you don't take your life down with the markets. On the whole, I'd link emotional resilience to intellectual resilence. Taken together, they protect against stress and give you the mental skills to be adaptable, which is an invaluable trait if you have to move on."
Posted by Susan Shwartz PhD

LinkedIn Groups

  • Group: Professional Speakers and Seminar Leaders
  • Subject: New comment (1) on "Is EMOTIONAL RESILIENCE the secret to surviving a recession?"

"Shane, Great question! I am completely biased and must offer a yes vote since "Emotional Resilience" is my branding. I could write at length... ER in my language is being able to find and return to a strong centre when the forces of pressure are felt. Real or imagined the consequences are real. 3 points: 1. Trends - Current "Back to basics" trend suggest people want real lasting strategies that make sense. ER considers both positive and negative forces are natural and it is how you respond that counts, more real than thinking positive, though some "thinking styles" may find it easier to adapt to than others. 2. Readiness for the message - Audiences for my presentations are growing and hard nose business leaders are intently listening and asking for help. At a recent talk to CEOs one fellow suggested we discuss "managing emotions in some detail". Accute interest in the realistic and practical. 3. Topical in the media - The word "resilience" is everywhere, so naturally the trend will be for people to search for a match. So we may say that is good because it is useful, not so good because it can rapidly become a cliche."
Posted by Noelene Dawes

LinkedIn Groups

  • Group: Leadership Think Tank
  • Subject: New comment (3) on "Is EMOTIONAL RESILIENCE the secret to surviving a recession?"

"Between stimulus and response there is a space. In that space is our power to choose our response. In our response lies our growth and our freedom. Challenging the meaning of life is the truest expression of the state of being human. Each man is questioned by life; and he can only answer to life by answering for his own life; to life he can only respond by being responsible. Ever more people today have the means to live, but no meaning to live for. Everything can be taken from a man or a woman but one thing: the last of human freedoms to choose one's attitude in any given set of circumstances, to choose one's own way. Viktor E. Frankl I think its only about resilience, nothing else..."
Posted by Ameet Singh

LinkedIn Groups

  • Group: On Startups - The Community For Entrepreneurs
  • Subject: New comment (2) on "Is EMOTIONAL RESILIENCE the secret to surviving a recession?"

"Shane, Yes. I think emotional resilience is a key trait or characteristic of entrepreneurs, innovators, engineers, and managers to help them survive this recession. Creativity is the Key also. Keep in mind that MANY BUSINESS FACTORS have remained the same: 1. LEGACY INDUSTRIES STILL MAINTAIN AND GROW MARKET SHARE. 2. NEW MARKET VALUE PRODUCT LINES STILL SPIN-OFF FROM THESE LEGACY INDUSTRY MARKET SECTORS. 3. THE GREAT TEAM OF EXPERTS, MANAGERS, LEADERS, CAPITAL ACQUISITION TALENT, INDUSTRY SPECIALISTS, VISIONARIES IS STILL ALWAYS AT THE BIRTHPLACE OF THE NEXT NEW COMPANIES. 4. ENTREPRENEURIAL CHARACTER AND PRODUCT LINE AND ENTERPRISE ARCHITECTURE EXPERTS ARE ALWAYS AT THE BORTHPLACE OF NEW MARKET VALUE STARTUPS. 5. LISTENING TO THE STATUS QUO, I.E. EQUITY FUNDING DROUGHT, IS SOMETHING THAT MAY DOMINATE GENERAL TRENDS, HOWEVER, MANY NEW STARTUPS ARE ALWAYS FORMING EVEN DURING THE SLOWEST ECONOMIC CONDITIONS WE HAVE TODAY. Think of the fact that we are simply in a Global Enterprise Downsizing Trend due to over expansion of Legacy Global Enterprises under Artificial Economic Stimulation Conditions of the Bush years, and now there is a market correction to re-align all ENTERPRISE ARCHITECTURES with true, real, authentic MARKET SECTOR SUPPLY AND DEMAND under a new and different Artificially Stimulated set of MARKET SECTOR IDEOLOGIES like GREEN ENERGY, HEALTHCARE OPTIMIZATION, JOBS CREATION, BANKING REFORM, etc. Like a Computer Operating System with Layers, our Global Economy has several key layers, some determined by PRIVATE EQUITY TRENDS, INVESTMENT BANKING TRENDS, VC FIRM FUNDING TRENDS and others determined by LEGACY INDUSTRY EVOLUTION, GOVERNMENT CONTRACTS, MARKET SECTOR FOCUS on BIOTECH/PHARMA, ENERGY, NATIONAL SECURITY, etc. Resilience means being able to see, vision, and map forward trends in all FUNDING OF ALL PROJECTS AND MARKET SECTORS as well as to see which innovations are ready to be realized in each market sector. For example, a resilient enterprise architect might see that there are sales opportunities in: 1. DISTRESSED REAL-ESTATE and FORCLOSURES. 2. PROFESSIONAL STAFFING FIRMS getting STATE and FEDERAL CONTRACTS to re-train transitioning workforce talent. 3. GREEN ENERGY PROJECTS. NEW ELECTRIC CAR COMPANIES. 4. LOW COST PRODUCTS / SERVICES IN EACH MARKET SECTOR, SUCH AS THE WALMART PARADIGM HAS SHOWN US. 5. CAREER MAKEOVERS FOR TALENTED PROFESSIONALS. 6. GOVERNMENT PROJECT DESIGN AND COST CUTTING TO OPTIMIZE AND MAXIMIZE SPENDING EFFICIENCY. 7. CAPITAL MANAGEMENT TO PRODUCE STABLE LONGTERM GROWTH FOR INVESTORS EVEN THROUGH ECONOMIC RECESSIONS. Michael Hughes"
Posted by Michael Hughes mwhres@hotmail.com ... (781) 697-0503.

LinkedIn Groups

  • Group: On Startups - The Community For Entrepreneurs
  • Subject: New comment (1) on "Is EMOTIONAL RESILIENCE the secret to surviving a recession?"

"Hi Shane, I guess it is yet another instance of survival of fittest, though in this case nothing would be extinct! But adapting to environment is probably the key to stride through this slowdown. A change in behavioural pattern can be one of the outcomes but not necessary. Basically, this can be a good time to test your emotional strengths (patience, endurance etc). Good time to invest in self development or exploring creative opportunities. Not sure whether my reply deals with your context completely, but found it interesting to discuss. Regards, Nidhi [http://lifensoul.blogspot.com|leo://plh/http%3A*3*3lifensoul%2Eblogspot%2Ecom/VKVf?_t=tracking_disc]"
Posted by Nidhi (Mishra) Jain

LinkedIn Groups

  • Group: Leadership Think Tank
  • Subject: New comment (1) on "Is EMOTIONAL RESILIENCE the secret to surviving a recession?"

"In my opinion emotional resilience alone cannot be the surviving factor .Ability to perceive the current situation ,demonstrating behavioral flexibility in adapting to the situation definately will lead to less stressful life during the current crisis but this has to be coupled with strong determination to make the best out of the scenario that exists today .In most cases perception that the glass is half full is better rather than worrying about it being half empty :)"
Posted by Rohit Gupta

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