Instability and volatility can paralyze decision making in an organization, as senior leaders become more and more distracted by outside events and lose their ability to balance long-term strategy with short-term needs. While the current stressors on businesses and executives will not disappear any time soon, leaders who are able to adapt and overcome these pressures will enjoy a considerable competitive advantage over those who cannot. This article lays out three steps for mastering this competency, which has become critical for senior executive success, and for passing resiliency onto the individuals under your command.
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full blog entry first published online in the Harvard Business Review on Monday, October 17, 2011.