Do You Have Resilience?

One of the more important characteristics of a successful business is resilience. Without resilience, a business that suffers any setback is far more vulnerable to hardship or even complete collapse. In fact, failures frequently precede success in many people’s efforts in business or otherwise.

One of the most familiar such stories in the business world is that of Austrian psychiatrist, Victor Frankl. Frankl survived Nazi Germany’s, Auschwitz to become a leading proponent of a humanistic therapy approach for motivating more productive decision making. In Frankl’s best-selling book, "Man’s Search for Meaning," he details the critical moment when he realized the objective of creating this revolutionizing form of therapy.

Frankl had fallen into self-pity over his concentration camp existence. He now saw his life as meaningless and trivial, but he suddenly realized that to survive, he would have to overcome this feeling. He would have to find some overarching purpose. He would have to have the resilience to form some positive objectives in the face of so much negativity. Frankl envisioned himself delivering a lecture after the war on the subject of the psychology surrounding a concentration camp. From this simple beginning sprang his entire school of thought, which he called, "Meaning Therapy," with a mission of recognizing and creating significance in the lives of others. With resilience, Frankl turned around not only his life, but the lives of countless others. Today, employee resilience training is common in the work place.

Frankl’s resilience was born of an ability to find meaning against all odds in a horribly negative situation. Finding meaning is just one of the characteristics of those with high resilience, though. Another, perhaps strangely, is an acceptance of reality – for only from a realistic acceptance of a challenging situation can an adequate response be generated to fix it.

Some people and some businesses break under pressure. Others succeed due to their resilience in overcoming adversity or planning for its resolution. Which one are you?

Acts of Courage by CEO’s

John Wayne once said, “Courage is being scared to death and saddling up anyway.” Observed acts of courage are nourishing to the spirit and inspiring to all of us. In business, this is just as true and important as it is anywhere else.

Two company leaders who went above and beyond the call with their courage, demonstrating the kind of direction that characterizes great leadership, are the CEOs of Canada’s Maple Leaf Foods, and Southwest Airlines.

Maple Leaf Foods’ CEO, Michael H. McCain, faced a difficult situation when numerous deaths were attributed to contaminated meat produced by his company. Meeting the obvious media interest, he stood resolutely in front of the cameras accepting responsibility for the problem. Not all leaders are cut out to handle this kind of pressure, or deliver a necessary and potentially disastrous response with this much courage. An old, Latin proverb tells us that fortune favors the bold, but abandons the timid. Maple Leaf Foods was saved because of McCain’s bold resolve and dedication, which rested on the foundation of his courage.

The CEO of Southwest Airlines, James Parker, displayed a similar courage in the face of a different kind of threat. Deep in the shadow of the recent horrific events of 9/11, the trend for businesses was to cut workforces and pull back on expansion projects in the recognition that far less prosperous times may lay immediately ahead. But, while these fears gripped industries nationwide, and particularly the airline industry, one airline CEO made the brave choice to buck this trend. Only three days after 9/11, Parker announced that Southwest would not be cutting employees, and in fact, would be keeping them all, as well as initiating a new profit sharing program with them.

These CEOs are cut from a different cloth than some, such as those from some of the large Wall Street banks prior to the 2008 crash, as well as Enron and WorldCom, to name a few. These companies were unable to find the ethical internal compass to reject risky operating plans in the name of artificially elevated profit taking. The scandals that ensued in each case demonstrate a lack of courage and a lack of commitment to ethical standards in business. True courage in leadership is as valuable as any given asset for an organization, no matter how large or small.

Ernest Hemmingway said that courage is grace under pressure. The CEOs of Maple Leaf and Southwest certainly had an element of grace under pressure, but they had more than that. Echoing what John Wayne said, author Arthur Koestler wrote, “Courage is never to let your actions be influenced by your fears.” These men did not let either notions of greed, nor the fear of failure sidetrack what they knew they needed to do. They saddled up, anyway.

Why Direct Customer Feedback is Better Than Surveys

Constructive criticism is always important, regardless of the type of business you’re running. It’s one of the single best ways to not only identify areas where you and your team truly excel, but more importantly, identify things that you could be doing better. The key word in this phrase, however, is “constructive.” You need to be able to glean something valuable from what your customers are trying to tell you. To do that, you really need to consider the source.

The Survey Conundrum

Many people believe that sending out surveys is one of the best ways to get open and honest criticism regarding what they’re doing, what they should be doing, and what they should stop doing as quickly as possible. In reality, this is incredibly false and surveys, in general, are faulty for a very important reason. The types of people who are the most likely to fill out surveys are the ones on the extreme ends of the customer spectrum. People who are really, really dissatisfied or who really, truly already love your company are going to represent the vast majority of all responses. As a result, you’re going to get a huge number of responses that you can’t really do anything with or learn anything from and the few, valuable leads that you do have are easy to get lost in the shuffle.

What is Direct Customer Feedback?

The best way to get the constructive criticism that you’re after is to go to more direct sources – namely, social media, forums and similar channels online. Social media, in general, has made this incredibly easy in the last few years – you can search for your company name on a site like Twitter or Facebook and look at the conversations that users are already having with one another that you had no part in starting. These are people who were already having an open and honest discussion that they never assumed you would be a part of in the first place, so they don’t have a “horse in the race,” so to speak.

Onward and Upward

Direct customer feedback is something that you should not only embrace, but actively seek out on a regular basis. In a way, it’s like any other customer service channel – by showing that you’re ready to accept anything that your customers can throw at you, you’re showing that they have a voice that is equal (if not more important) than your own. Some business owners label people with issues “haters,” even if they have legitimate concerns. This would really only be true if you believe that your business is already perfect, which is not true. This is also hugely beneficial from a marketing perspective. Simply put, customers enjoy supporting businesses when they know that their opinions are valued and they feel valued, too. By seeking direct customer feedback through public channels, you’re putting your best foot forward in this regard and are only strengthening your marketing message, your brand, and ultimately your business at the same time.