Resilience and Perseverance in this Time of Change


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Resilience and Perseverance in this Time of Change

  1. 1. Leading printing executives into the future Resilience and Perseverance in this Time of Change By Jerry Scher Published: August 30, 2013 During this extreme transitional period within the graphic communication industry we have been observing a multitude of strategies and approaches employed by companies of all sizes. While some are embracing the technological advances and their impact, others are hoping that their businesses will return to the “old” normal. And whether you redefine your business model or attempt to get better at what you have always done, you can be certain that you will have to face significant challenges in the months and years ahead. In a recent article by Rosabeth Moss Kanter (Surprises Are the New Normal; Resilience Is the New Skill – Harvard Business Review) the author discusses the importance of resilience on the part of business leaders in these challenging times. She goes on to emphasize the importance of learning from your errors, taking initiative and responsibility for your future and collaborating with those around you. I think we can agree that how you respond and handle setbacks and challenges will certainly be a determining factor in how your business will survive and thrive. And considering all the changes taking place, the following quotes address these challenges: “It’s not the strongest of the species that survive, not the most intelligent but the one most responsive to change” – Darwin “Sometimes we stare so long at a door that is closing that we see too late the one that is opening” – Alexander Graham Bell Definitions Resilience is defined as “An ability to recover from or adjust easily to misfortune or change” and Perseverance is defined as “The continued effort to do or achieve something despite difficulties, failure, or opposition.” Think back to when you first started your business; my guess is that while those entrepreneurial juices were really flowing, you certainly had to overcome significant obstacles. You not only took risks but you really believed in your mission and undoubtedly had that “fire in the belly” attitude. Do you still have the passion? Do you and your associates have the ability and desire to bounce back and re-create your future? Your capacity to leverage your knowledge and past experience along with the hunger for continuous learning is certainly being tested. As business executives we are responsible for developing an appropriate strategy, providing the much needed human capital, making available the financial resources and ensuring that our team
  2. 2. executes effectively. This requires that you and your current and future team members have the knowledge, skill and behavioral competencies required to execute your plan. And that includes the resilience and perseverance essential to managing and executing change. Behavioral Competencies Validated research has identified numerous traits that enable us to predict an individual’s resilience and perseverance as well as identifying areas where they require coaching and development. Considering that a great strategy requires great execution, it is crucial that you surround yourself with the most talented employees. And if you agree that resilience and perseverance are essential traits for your managers, allow us to share some of the research in that area. Harrison Assessments™ technology, a world renowned and highly validated assessment tool, enables us to measure a wide range of traits and work preferences. It can predict future performance as it relates to resilience and perseverance. Traits included are: Wants Challenge – Willingness to attempt difficult task and goals Persistent – Tendency to be tenacious despite encountering significant obstacles Self-Improvement – Tendency to attempt to develop or better oneself Optimistic – Tendency to believe the future will be positive Authoritative – Desire for decision-making authority and the willingness to accept decisionmaking responsibility Pressure Tolerance – Level of comfort related to working under deadlines and busy schedules Frank – Tendency to be straightforward, direct, to the point and forthright Tempo – Enjoyment of work that needs to be done quickly Assertive – Tendency to put forward personal wants and needs Flexible – Tendency to adapt to change Open-Reflective – Tendency to reflect on many different viewpoints So how do you think you and/or your management team would measure up against these criteria? Would this information be of value as you determine your business plan and who should play what role in its execution? Consider the challenges you are currently confronting and how you decide who to assign to those business development projects. Do you have a validated process in place when selecting the people you can count on to execute your new projects? And
  3. 3. what if you have to recruit from outside to find the best talent; are you confident that your selection process enables you to identify the most suitable candidates. Jerry Scher has been engaged in the graphic communication industry for over 35 years, Jerry's primary goal - make those around him more successful.
  4. 4. PEOPLE. PERFORMANCE. PROFITABILITY. About Peak Focus, LLC People. Performance. Profitability. Peak Focus gives you the tools to grow, develop and strengthen your team. With a mix of resources that we’ve created ourselves, as well as several powerful tools we’ve carefully assessed and believe in, we combine our passion and experience to guide companies and individuals toward optimized performance. Select your team members with confidence, help your key players develop their soft skills, and learn how to coach your entire team more effectively by engaging the experts at Peak Focus. For more information and access to free resources, please visit our website at Engage With Us Free tools, resources & updates LIKE us on Facebook Check out our blog Follow us on Twitter Follow us on LinkedIn About What They Think? WhatTheyThink is the printing and publishing industry’s leading media organization; offering a wide range of publications delivering unbiased, real-time market intelligence, industry news, economic and trend analysis, peer-to-peer communication, and special reports on emerging technology and critical events. WhatTheyThink also hosts webinars and live events that are timely and relevant o today’s busy industry executives along with consulting and speaker services that leverage a talented pool of writers and industry analysts. Peak Focus LLC © 2008-2013 • All rights reserved. Unauthorized duplication in whole or in part without permission is prohibited.