Jan 28, 2021 - Aditya Birla Fashion to buy 51% stake in designer brand Sabyasachi for ₹398 cr

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From the Editor's Desk

What Resilience Means, and Why It Matters

A small but intriguing new survey by a pair of British consultants confirms the importance of resilience to business success. Resilience was defined by most as the ability to recover from setbacks, adapt well to change, and keep going in the face of adversity. But when Sarah Bond and Gillian Shapiro asked 835 employees from public, private, and nonprofit firms in Britain what was happening in their own lives that required them to draw on those reserves, they didn't point to tragedies like the London Tube bombings, appalling business mistakes, the need to keep up with the inexorably accelerating pace of change, or the challenges of the still-difficult economy - they pointed to their co-workers.

A whopping 75% of them said that the biggest drain on their resilience reserves was "managing difficult people or office politics at work." That was followed closely by stress brought on by overwork and by having to withstand personal criticism.

Continued here


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