Setbacks and Moving Forward

Setbacks Help You Move Forward

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As in anything in life, organizations go through ups and downs. And what makes an organization strong, and what makes it leadership work is the organization and its people’s capability to withstand major challenges and rise up from difficulties.

Numerous books, articles and talks have discussed the power of positive thinking in helping organizations and businesses reach success. Thinking positively and moving progressively is most important after going through certain setbacks, let’s say, incurring losses after a failed business deal, product recalls and legal crisis. To start, it is important to ask questions that lead to forward movement, such as, “What lessons have we learned from this experience?” and “How are we to apply these lessons?”

The first question reflects the bright side of even the worst types of setbacks. It tells us that setbacks don’t render ourselves, our people or our organization hopeless. It can make us better. A setback could just be the rubber string on a slingshot pointed upward, that pulls us back a bit, but then propels us to greater heights. I also believe that setbacks don’t just happen because of operational or organizational mistakes. There’s a deeper reason for the occurrence of setbacks, and personally, I ultimately believe it’s that Being (in my case, the Christian God), putting us through them to make us into better creations.

The second question reflects our ability to become better by following through and living out the lessons learned. It tells us that we can make the most out of anything, and move with considerable and logical speed to bring ourselves and/or our organizations to greater heights that where we were, complete with wisdom.

Where we land and stabilize ourselves is up to how much we fix ourselves to become a better organization, or person. With the help of God, of course.

What setbacks have helped you and/or your organization become so much better? I’d be glad to hear from you.

Thanks for reading my blog!

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Risks, Success and Happiness

I’ve never thought of myself as a risk-taker because I don’t gamble nor engage in extreme sports like bungee-jumping or scuba-diving. It was only until a few days ago, when a personal experience lead me to examine myself further. I have realized that I am somewhat adventurous when it comes to making career-building decisions, and this characteristic of mine lead me to many opportunities, of which I am happy to have. I’m also adventurous when it comes to food choices and exploring different places.

Now this lead me to ask myself: “Are risk-taking, success and happiness correlated?” Yes, according to WebMD and Psychology Today. In the Psychology Today article entitled “Happiness is a Risky Business”, writer Angie Levan advocates healthy risk-taking. She says, “risk-taking is essential to learning what your limits are, to growing as an individual and to cultivating a thriving life. Risk is something to be fully embraced and celebrated! Without taking risks, it’s impossible to learn the skills that enable you to thrive in life, like learning to manage emotions in uncertain circumstances – which life is full of.”

For every risk, there is an inevitable loss, and that’s what scares people away. On the other hand, for every risk, there is something good to gain, which makes risk-taking very important for business,  as risk-taking is organic for any good entrepreneur out there. A study by Mckinsey shows how businesses that are more inclined to reallocating their resources and changing their strategies every three years are more successful than those that retain the same business strategy for a longer time. Based on the Mckinsey report, it seems like these organizations’ leaders are more adventurous than others. And personally, I think good leaders – whether they be in the private industry, the nonprofit industry or public governance – are smart risk-takers.

Earlier on, I mentioned that I’m somewhat of a risk-taker when it comes to work and career opportunities. How about you? Are you a risk-taker? What kind of a risk-taker are you?

Hope you can share with me your thoughts. Thanks for reading my blog!

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