In episode 79 of the Leadership Minute, Tony Uphoff shares a framework, along with recommended technology tools, that CEOs can use to cultivate resilience — which is crucial for thriving in today’s challenging and ever-changing business environment — in their organizations.
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Highlights
00:19 — In today’s rapidly evolving world, building a resilient organization is crucial. As CEOs, we face a range of challenges, says Tony, and we need to create organizations that can thrive in the face of change. Resilient organizational culture is the key to success in a world of shifting market dynamics, technological disruptions, and global uncertainties.
01:19 — Leaders cannot be sure of their organization’s resilience until tested by adversity. The pandemic in 2020 revealed that some CEOs’ organizations were more resilient than they realized. In Tony’s view, resilient organizations have five traits that work together: prepared, adaptable, collaborative, trustworthy, and responsible.
02:32 — Resilience is important because it enables organizations to adapt and respond to change. Tony says that to cultivate resilience, leaders must lead by example, promote open communication, empower employees, and prioritize learning and development.
04:17 — Investing in technology can also contribute to organizational resilience. Collaboration and communication platforms like Microsoft Teams, Slack, and Zoom enable seamless communication and collaboration among employees. Learning management systems (LMS) and e-learning platforms such as Coursera, Udemy, and LinkedIn Learning can help employees upskill and stay current with industry trends.
05:05 — In-house LMS platforms can also be tailored to a company’s specific needs, and advanced analytics, machine learning, and AI technology can provide real-time data analysis, identify patterns, and suggest new strategies. Platforms like Tableau and Google Analytics can help companies harness the power of data to support a resilient culture.
05:43 — Cultivating a resilient organizational culture can position companies for success in the ever-changing acceleration economy.
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