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How to Bounce Back from Adversity

How to Bounce Back from Adversity

How can we avoid the psychological biases that hamper action in crisis situations?

Author(s): Joshua D. Margolis, Paul G. Stoltz

Publisher: Havard Business Review

Date of publication: 2009

See this article on the publisher’s site [Harvard Business Review]

Summary

When faced with crises, we tend to point the finger and be on the defensive, rather than seeking solutions. To escape the paralysis caused by these psychological biases, this article proposes a four-step process which every manager or leader should know.

Synopsis

This article is one of the sources used in Manageris’ synopses:

Prepare for the improbable

Prepare for the improbable

Companies cannot plan in detail how to respond to unpredictable events. However, merely recognizing the possibility of such events helps to manage their consequences more effectively.
195a – Synopsis (8p.) Crisis
Turn failure into a springboard

Turn failure into a springboard

Company leaders generally perceive failure as a setback rather than a means to learn and improve. How can you make use of your failures—and help your employees do the same?
261b – Synopsis (8p.) Learning
Increase the resilience of your organization

Increase the resilience of your organization

All organizations are confronted with the risk of crises. Rather than vainly attempting to avoid them, you had better develop the capability to absorb them and to learn the lessons. How can you acquire and cultivate resilience?
260b – Synopsis (8p.) Resilience