Is your organisation resilient enough to thrive in the face of uncertainty?
When we talk about organisational resilience, the idea of fortifying a business immediately comes to mind. But it’s much more than increasing the robustness of your organisation.
With the numerous evolving economic, social, political and, in certain climes, religious situations that global organisations face, some changes continue to affect business’ strategic priorities and targets. In essence, higher volatility has become the new normal in our business environment.
Organisational resilience is about anticipating what might happen and putting strategies in place to resist the impending negative impacts of sudden change. Similarly, it is also about reacting to potential threats and uncertainties and rebounding to sustain business growth and stay one step ahead.
Resilient organisations don’t just survive; they thrive in an unpredictable world.
In this deck, you’ll find the most effective strategy to flourish in today’s VUCA world and remain relevant for the long term. You’ll also learn;
• The capabilities a resilient organisation demonstrates
• The critical areas you need to focus on to drive business transformation during uncertain times
• The key questions you immediately need to ask before anything else, and
• What you have to start doing NOW
2. With the ever-evolving economic, social, and political
landscape, there are changes that continue to affect
organisation’s strategic priorities and targets.
Similarly, we can agree that business leaders and their
organisations frequently face uncertain and potentially threating
situations.
3. As a result, there is a critical need to approach and address this
uncertainty with the right mindset and a plan to win, to drive
sustained business results.
4. As business leaders,
this entails holistically
delivering:
Executional Certainty – Establishing a
transformation system that ensures that change
happens within well-defined and controlled
environments to build the capabilities needed to
survive external disruptions
Leadership Enablement - Activating and motivating
your leaders to embody role-model best practices.
People Engagement - Identifying key tasks
and linking desired purpose, culture, and
target behaviours.
Culture And Purpose - Creating the desired
organisational environment for sustained change
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6. Organisational resilience is the ability of an organisation to anticipate,
plan and respond to difficulties when they occur.
Resilient organisations are those that are resistant to, or recover from
threatening impacts through good risk management. These
organisations absorb the shocks, adapt and turn them into
opportunities to capture sustainable growth.
When challenges emerge, leaders and teams in resilient organisations
quickly assess the situation, reorient themselves, double down on
what’s working, and walk away from what’s not.
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7. Providing security.
Resilience helps organisations
continually manage and
risk during a period of change
Continuous development and growth
A resilient organisation invests in both
physical and digital infrastructures to
make them more adaptable and
flexible in the long term
Fostering an empowered workforce
A resilient organisation has the power to establish a
well-connected, collaborative and creative
workforce that works together to develop
competitiveness and prosperity.
Creating and adapting structures
They have a precise and timely decision-
making process that allows the
organisation to operate with dispersed
systems, but at the same time
independent
Capabilities of a Resilient Organisation
To be successful in the current VUCA environment, organisations must be more adaptable and agile,
especially in situations of crisis.
Resilient organisations are capable of:
8. Soaring Inflation
Pressure of inflation continue to
businesses with impacts on labor,
materials costs.
Rising Interest Rates
Central banks decisively
tamping down inflation via
higher interest rates with
knock-on effects for
borrowing costs, investment
levels, and relative currency
values
Uncertain recession
outlook
Consumer behaviour Shifts
Consumers are rapidly changing
their purchasing behavior as a
result of recent disruptions.
People Challenges
Organisations focused on
people, culture, and new
ways of working perform
stronger in uncertainty.
Other factors
Climate change,
geopolitical tension, etc.
Global
Macro -
economic
Tech Disruption
The consistent rise of new
technologies will raise the
bar for disruptive
innovation and reinvention.
Current Uncertainties that affect organisations:
Triggers to consider
9. How to Build Organisational Resilience
Culture
and
Purpose
4
People
Engagement
3
Leadership
Enablement
2
Your organisation should shift towards faster, integrated, data-
informed decision-making that will make it easier to test, learn,
and adjust in the wake of complex business challenges.
Executional Certainty (Think Agile)
Executional
Certainty
1
Click here to read: Creating the Right Leadership Development Plan for Your Organisation
10. Executional
Certainty
1
Culture
and
Purpose
4
People
Engagement
3
Use assessments to find and promote adaptable leaders who
can coach their teams through change. They should be capable
of driving new behaviors and developing capabilities that can
help set the conditions for both a short-term response and long-
term resiliency
Leadership Enablement
Leadership
Enablement
2
How to Build Organisational Resilience
Click here to read: Checklist for Conducting Assessment Centre
11. Executional
Certainty
1
Leadership
Enablement
2
Culture
and
Purpose
4
Resilient cultures understand that communication is a powerful
tool for driving behavior in the organisation and creates open
conversations around ethics and values. Your organisation must
also ensure transparency and ensure your people understand
what is happening, why, and feel energised by the vision.
People Engagement
People
Engagement
3
How to Build Organisational Resilience
12. Executional
Certainty
1
Leadership
Enablement
2
People
Engagement
3
The workplace culture can be overwhelming when there are
changes or disturbances. Because employees are constantly
connecting and collaborating, so ensure you create an
environment where they can share their interests and build
social connections.
Culture and Purpose - Create the
environment for sustained change.
Culture
and
Purpose
4
How to Build Organisational Resilience
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14. Invest in Talent and Culture - now
and for the future.
Organisations that focus on building
teams gain a two-way talent
more likely to attract top talent who
greater chance of success and, in
likely to sustain a cycle of resilience.
15. Build Financial Discipline to drive
accountability and ensure real impact
Financial discipline is critical for
executional certainty; from funding the
right initiatives, to tracking, and ensuring
ample targets.
You can do this by:
Creating flexibility - a safety buffer
Cutting unnecessary costs
16. Your organisation cannot afford to stay
inactive!
Companies that build resilience in uncertainty are
transformations are 19% more likely to be growth-
oriented and 20% less likely to increase debt than those
that refuse to take action
Source; BCG
Organisations that refuse to build resilience will experience;
Decline in competitive position by resting on an initial strong
position
Overlooked growth opportunities that uncertainty increases
Loss of financial buffer and investment flexibility
Becoming ‘easy prey’ for stronger-positioned companies
17. Have you identified all possible risks to your business
from the uncertain environment?
How vulnerable is your business to current
disruptions?
Do you have the right resources to fund and
execute a transformation?
Do you have the necessary executive and broader
leadership support and people in critical roles?
Have you translated the uncertainties into a scenario view for
my business in 2023?
Key Questions to Ask Right Now
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18. In order to immediately respond to uncertainty and
transform for resilience, do the following right away:
Understand the need for change based on current
on current economic uncertainty and internal factors.
Act immediately by applying the steps discussed
discussed earlier.
Plan a transformation by addressing enablement,
enablement, engagement, executional certainty, and
culture and purpose
Conclusion- The time to act is now!
21. What we do
We help organisations solve problems around:
Staff Payroll
Management
Performance management
support
Health insurance management
Executive, Experienced and
Graduate Recruitment
Staff onboarding and
training
Staff records
management
Leave and exit
management
Background
verification
Strategy Development and
Execution
Digital Learning Function Specific
Programmes
Leadership
Development
Digital Content Creation and
Conversion
Assessment and
Development centre
Occupational testing
and Success Profiling
Independent Contractor
Management
Assessor skills training
Professional Employer
Organisation
Employer of Record
Recruitment Process
Outsourcing