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The business cycle is changing. Each week brings new reports of layoffs, restructurings, and all-hands-on-deck strategy revisions, some proactive and some reactive. If you are a CEO, these trends are energizing. You can forecast a more complicated and demanding near-term business climate. In reality, the business climate has been challenging and tough for years. The world has become more unstable and more unpredictable. So are the teams and their leaders. Those who can draw on deep sources of resilience are likely to emerge stronger than those who cannot.
What exactly is team resilience?
Team resilience is a team’s ability to
