Life in the modern workplace is fast paced, demanding and, at times, overwhelming. Most organisations are undergoing transformational change due to increasing stakeholder expectations, structural market shifts, cost-reducing restructuring, next gen technology and entry of virtual competitors. Many leaders are confused as to where to start to enable strategic agility.
I have great pleasure in announcing our latest Global Resilience Report 2018 - Resilience Enables Strategic Agility. This report and its key findings are based on our work with over 21000 people in our client globally with impact measured using our proprietary diagnostic instrument.
Our research reveals ten key insights, each of which have potential to build resilience in organisations, leaders and their staff. Some of the key findings from the Global Resilience Report are;
- Australian workers are among the least resilient people in the world, despite being the one of the most physically active workforces.
- Women in the workplace lagged behind men on most factors of resilience and experienced more obstacles in the workplace.
- Whilst millennial workers have a strong sense of purpose, they struggle with issues linked to information overload and sleep.
- Those in the insurance and pharmaceutical industries scored highly as the most resilient workers, whereas those in construction, banking, and finance sat at the bottom of the rank.
- Resilience interventions deliver 38% growth in capability.
It is clear from this report that resilience provides a framework for navigating a demanding and changing world. Research-based resilience solutions secure a safe, resilient and agile workplace. This integral approach creates a powerful web of competencies that protect an organisation and its people from distress and enables strategic agility.
We look forward to exploring these findings with organisations and leaders wanting to improve their contribution to purpose, their agility to disruption and how this can be done in a sustainable way.
Stuart Taylor CEO,
Research Method – measuring resilience
The Resilience Diagnostic
The Resilience Diagnostic is a secure, online, 12-minute questionnaire that is psychometrically robust. It reports on 60 discrete factors in 11 categories. These categories define a person’s assets and liabilities, which indicate how resilient they are.
It is available in five languages, across all continents. For more information on the framework, visit springfox.com/resilience-diagnostic
The Resilience Ratio
The diagnostic tool attributes a numerical value (between 1-5) to a person’s assets and liabilities, which informs their overall level of resilience – what we call a ‘resilience ratio’.
An individual’s resilience ratio is determined by the sum of all asset scores divided by the sum of all liability scores.
Highly resilient people have high asset scores and low liability scores.
Resilience was measured using The Resilience Institute’s Resilience Model, an evidence-based framework of an individual’s key risk and performance factors. This measurement is enabled by the Resilience Diagnostic tool which provides a diagnostic report with detailed insight into a person’s ability to bounce, grow, connect and flow. This data was then aggregated to provide 10 key insights.
1. Build on regional diversity
2. Focus on key factors
3. Break through the glass ceiling
4. Fast-track growth in Millennials
5. Model personal best practice
6. Invest and grow capability
7. Rethink “mental health”
8. Adapt to industry best practice
9. Integral solutions amplify ROI
10. Align and execute for strategic agility