Mastering Business Resilience

By Nikki Reese | December 19, 2024
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Resilience & Mindset Mastery
Mastering Business Resilience: Lessons on Adapting to Change

Adversity can serve as a catalyst for both personal and professional growth, particularly when it presents unexpected challenges. These difficult situations provide an opportunity for professionals to reassess their assumptions, dig deeper, and refine their skills.

With the year drawing to a close, now is the perfect time for professionals to reflect on the past 12 months and determine which lessons are worth carrying into 2025. Below, 19 members of the Forbes Business Council share key insights on resilience and adaptability from this year, along with how these lessons will shape their actions in the year ahead.

1. Develop and Maintain an Adaptable Business Model
   The world is changing at a rapid pace, from technological advances to social, economic, and political shifts that affect customer behavior. A resilient business thrives by acknowledging this and adopting a flexible business model suited to an ever-evolving environment. Begin by investing in innovation, market research, and human resources.
   – Muhammed Uzum, Grape Law Firm PLLC

2. View Strong Corporate Governance as Critical
   I’ve learned that resilience and adaptability are deeply connected to strong corporate governance. Effective governance helps companies adapt to change while staying aligned with their values and ethical standards. Resilience isn't just about weathering crises—it's about being prepared to turn challenges into opportunities for growth. This can only be achieved with a solid governance framework.
   – Susana Sierra, BH Compliance

3. Routinely Monitor Established Processes and Systems
   A key lesson is the importance of continually reviewing your team's processes and assessing what’s working. It's essential to monitor every level to prevent breakdowns. When problems arise, it’s crucial to investigate the cause—whether it’s a change in the plan or a lack of one. It's your responsibility to ensure your team has the tools they need to succeed.
   – Jim Becker, Jim Becker

4. Develop Risk Plans
   The first step in adaptability is planning for potential risks. Expect the worst but hope for the best. Being adaptable means being flexible, making quick decisions, and remaining calm and responsible under pressure. By thinking long-term and planning with courage and foresight, we build the confidence and strength needed to navigate challenges with purpose.
   – Denys Kliuch, WHIMSY GAMES GROUP LTD

5. Strike a Balance Between Rigid Plans and a Changing Business Landscape
   As both businesses and technology evolve rapidly, plans can quickly become outdated. Strictly sticking to plans can be counterproductive. However, the process of planning itself is essential because it forces us to think strategically about potential outcomes and challenges, ultimately preparing teams for success.
   – Arnab Mishra, Xactly

Health
This Startup is Creating a Vaccine for Honeybees – Shrimp Are Next

How do you vaccinate a honeybee, and will beekeepers adopt it?

These are the questions Annette Kleiser has been tackling since founding Dalan Animal Health in 2018. After five years of development, the government approved an oral vaccine her team created for worker bees, who pass it to their queens through royal jelly, providing immunity for the offspring. Kleiser's goal is to vaccinate as many bees as possible, protecting hives and the crops they pollinate.

The vaccine targets American Foulbrood, a deadly disease, and is seen as a critical step to protecting the 3 million honeybee colonies in the U.S. With bees facing multiple threats, including parasites and pesticides, the vaccine offers hope for healthier hives and a sustainable pollination industry.

Are bananas making you gain weight?

World-renowned surgeon, Dr. Steven Gundry, just dropped a shocking revelation: The real culprit behind stubborn weight gain might be hiding in your fruit bowl! Discover the 3 so-called “healthy” fruits that could be secretly wrecking your waistline, and sabotaging your health goals.

But it’s not all bad news. Dr. Gundry also unveils 1 incredible fruit, rich in a substance that can “revv up” your metabolism and help melt away stubborn pounds for good. Curious? Check out his exclusive video report that could change everything you know about weight loss. Watch now to uncover the truth!

Learn More Here

Entertainment
Nicole Kidman Brings Classic 9-5 Style to the Red Carpet – Look of the Week

Nicole Kidman has officially kicked off the press tour for her latest film, Babygirl, and she’s bringing her A-game in business attire. On Monday evening, the actress—who plays a powerful executive in Halina Reijn’s film, set to release on Christmas Day in the US—arrived at The Late Show with Stephen Colbert in a sleek black pinstriped suit with a double-breasted blazer. After the taping, Kidman swapped her sheer blouse for an official Babygirl T-shirt from A24’s merchandise collection, further cementing her employee-of-the-month status.

Kidman isn’t the only A-lister embracing the classic stripe. This week, a trend emerged with Rihanna sporting a striped Bottega Veneta set while running errands in LA, and Elle Fanning donning a Saint Laurent pinstripe shirt at a London photocall for A Complete Unknown, paired with beige wide-leg slacks and a navy tie.

The iconic pinstripe pattern, best exemplified in Kidman’s suit, has roots dating back to the Medieval era. One of the earliest references to pinstriping in literature appears in Geoffrey Chaucer’s Canterbury Tales (14th century), where he describes a barrister wearing a “girt with a silken belt of pin-stripe stuff.” By the Victorian era, pinstriped suits were a hallmark of the British banking elite, where the stripes’ width and spacing were used to signify rank, with each bank reportedly having its own distinct colorway or fabric.