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he concept of resilience in business is important, because most enterprises, regardless of the industry in which they ply their trade, tend to be reactive as opposed to proactive regarding macroeconomic cycles While reactivity is the norm, it is not the optimal path for corporate resilience and longevity; in fact, there is great risk in reacting to external forces or developments, unless the reaction is highly rehearsed On the other hand, a proactive response necessarily includes a correct analysis of the forces applying change to a business It also implies a certain degree of advance recognition for impending change Can a business foresee every impending change Of course not, especially in the realm of IT and mobility technology Practically every element of mobility is changing constantly, from the technology itself to how the technology is used Much of what is experienced in the world of mobility has never before existed But creating solid corporate, financial, and resource resilience and flexibility will ensure that not only will changes be endured, but they will be used to the best advantage for the purposes of business growth Mobile practice resilience takes time and constant renewal and improvement based on correct observations Because change comes so fast and is so sweeping in the mobility and IT industry, nothing is more important than remaining adaptive and open to new opportunities There is a greater demand now than ever before for high-performance managers and individual contributors Perpetual self-improvement is one of the primary tools not only for surviving in the workplace, but for thriving in the modern market In today s fast-paced world, greater change will occur in ever-decreasing amounts of time Your resiliency depends on your ability to thrive in such dynamic circumstances On a macro level, while it s a hardship for a person to lose their job, it s an even greater loss for a business to fail Above all else, businesses must survive and indeed thrive Resilience should be fundamentally ethical as well as foundational, though oddly it s often far more incidental than foundational Few businesses plan for resilience in a direct and proactive manner The focus of most management teams is on pure profitability and growth, with excellent and vital business elements in place to ensure longevity But resilience is something more: business resilience is a state of corporate durability that goes well beyond the drive for excess profit It requires a sequence of growth phases that, in combination, provide a level of fortitude, flexibility, and adaptability that mark a business as superior You can sense this almost immediately if you visit the offices of successful corporations such as Cisco, Dell, Apple, and Accenture, to name a few You ll detect an aura of calm and controlled assurance These companies not only intend to do well, but actively discuss thriving for 100 years or more Corporate resilience requires significant reserves of capital, limited debt, and just the right amount of excess capacity in talent, physical resources such as office space, and an abundance of great ideas coupled with a corporate management willingness to take calculated risks When companies run out of ideas, time, and capital, they almost certainly end up on the endangered corporate species list that eventually leads to extinction
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This isn t to say that great companies do not go through hard times, because they certainly do The ability to triumph over major challenges is part of what makes some companies great Cisco and Apple are two great examples of weather-tested corporations that have made it through hard periods with blazing brilliance Apple may arguably be the all-time best example of resilience, having been reduced at one point to a nearly irrelevant status, and then returning to completely revamp the way people listen to music and use their cell phones and computers Apple was the first ever company to dictate terms to AT&T and the entire music industry Apple, Cisco, and other top companies have a built-in resilience that enables them not only to endure challenges, but to emerge stronger after each challenge and in some cases, change the way we consumers live, learn, work, and play These companies know that more known and unknown challenges will be faced and harsher tests are ahead of them But few would bet against these superb examples of resilience Weaving assets that yield resilience into the corporate fabric takes time, a longrange plan, executive sponsorship, and a culture that manages constant change with traditional tooling such as profit and loss Because almost nothing is more important to business resilience than ideas, great companies take care of the most valuable corporate resource talented people Resilience can be foundational but it s not easy, nor is it achieved quickly Most great companies have always been great companies; they have the right combination of assets from their beginning Great companies have resilience built into their corporate DNA
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