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How can you help your team build resilience in the face of change?

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Change is inevitable, especially in the corporate real estate (CRE) sector, where market conditions, customer demands, and environmental factors can affect your business strategy and operations. As a CRE leader, you need to help your team cope with change and thrive in uncertain times. Resilience is the ability to bounce back from challenges, learn from setbacks, and adapt to new situations. It is not a fixed trait, but a skill that can be developed and strengthened. Here are some ways you can help your team build resilience in the face of change.

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1 Communicate clearly and frequently

One of the main sources of stress and anxiety during change is the lack of information or clarity. As a leader, you need to communicate the vision, goals, and rationale behind the change, as well as the expected benefits and challenges. You also need to provide regular updates, feedback, and support to your team members, and encourage them to share their concerns, questions, and ideas. By communicating clearly and frequently, you can reduce uncertainty, build trust, and foster collaboration.

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Abbas Hashmi ABFP?

C-Level Exec with 18+ Yrs. of Exp. in Capital Raising, FDI & Platform Growth in US & Saudi | Ex-Goldman Sachs | Leading High-Impact Teams for HNW Client, RIAs & Family Office Engagement
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Fostering resilience within your team amid change requires intentional leadership. Clearly communicate the reasons behind the change, providing context and transparency. Encourage an open dialogue, creating a space for team members to voice concerns and share perspectives. Foster a growth mindset, emphasizing the learning opportunities that come with change. Acknowledge the challenges but highlight the collective strength of the team. Provide resources for skill development and offer support to navigate the transition. Lead by example, demonstrating adaptability and a positive attitude. Establish clear goals and milestones to maintain focus and direction.

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2 Empower your team to take action

Another way to help your team build resilience is to empower them to take action and influence the change process. You can do this by delegating tasks, providing resources, and creating opportunities for learning and development. You can also involve your team in decision-making, problem-solving, and innovation, and recognize their contributions and achievements. By empowering your team, you can boost their confidence, autonomy, and creativity.

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3 Cultivate a positive and supportive culture

A positive and supportive culture can also enhance your team's resilience. You can cultivate this by promoting a growth mindset, which is the belief that abilities and skills can be improved through effort and feedback. You can also foster a sense of purpose, which is the alignment of personal and organizational values and goals. Additionally, you can encourage a culture of gratitude, appreciation, and recognition, which can increase happiness and well-being. Finally, you can provide a safe and supportive environment, where your team can express their emotions, seek help, and offer help to others.

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4 Model resilience yourself

As a leader, you also need to model resilience yourself, as your team will look up to you and follow your example. You can do this by showing optimism, enthusiasm, and commitment to the change, and by demonstrating how you cope with challenges, learn from mistakes, and adapt to new situations. You can also share your own stories of resilience, and how they helped you grow and succeed. By modeling resilience yourself, you can inspire your team and show them that change is an opportunity, not a threat.

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5 Celebrate milestones and successes

Finally, you can help your team build resilience by celebrating milestones and successes along the change journey. You can do this by setting realistic and measurable goals, and tracking and acknowledging the progress and results. You can also organize events, activities, and rewards to celebrate the achievements and efforts of your team members. By celebrating milestones and successes, you can motivate your team, reinforce positive behaviors, and create a sense of accomplishment and satisfaction.

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6 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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How can you help your team build resilience in the face of change?

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3

4

5

6

1 Communicate clearly and frequently

2 Empower your team to take action

3 Cultivate a positive and supportive culture

4 Model resilience yourself

5 Celebrate milestones and successes

6 Here’s what else to consider

Corporate Real Estate

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How can you help your team build resilience in the face of change?

1

2

3

4

5

6

1 Communicate clearly and frequently

2 Empower your team to take action

3 Cultivate a positive and supportive culture

4 Model resilience yourself

5 Celebrate milestones and successes

6 Here’s what else to consider

Corporate Real Estate

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