Bouncing Back

When I guide an organization towards transformative digitalization, I emphasize to them that the path to digital transformation and exponential growth requires an accompanying change in mindset and culture from within.

In my article The RISE Webinars, I mentioned that aside from the workshops, four webinars are conducted as part of an accompaniment program to the client's transformative digitalization and exponential growth journey. The webinars touch on the need for culture and mindset shift that a client's organization needs to work on. There are four webinars, each one building on the lessons of the previous, and represented by the acronym R-I-S-E or RISE. R stands for Resilience, I for Innovation, S for Strategic Thinking, and E for Exponential Growth. The goals of the webinars are the following:

• Creating a Culture of Resilience
• Building an Innovative Culture
• Developing a Strategic-Thinking Mindset, and
• Preparing for Exponential Growth

Today I would like to focus on the role of resilience in digital transformation.

One of the main goals of the Davidic Growth Paradigm is to create new and sustainable competitive advantages. Transformative digitalization should result in the harnessing of technology to transform a business into a better, more effective, and more efficient version of itself that create advantages to put them ahead of their competition.

But the road to transformation and exponential growth is not always smooth. Because a company or an organization cannot fully control all factors affecting its business, challenges will continue to manifest themselves across their journey. Resilience is the capacity to recover quickly from these challenges and difficulties. Being resilient is to have the ability to bounce back from an unfortunate, or maybe even tragic, situation.

Creating new and sustainable competitive advantages is one thing, sustaining them over the long haul is another. Creating a culture of resilience will not only allow a business to sustain its competitive advantages, it will also help them be adaptable to the challenges that come along the way. Without resilience, new competitive advantages will not be sustainable. Resilience ensures the ability to weather challenges as they come along.

But how can resilience be instituted in an organization? How can they create a culture of resilience?

One way to do it is to be always mindful of how an organization reacts to challenges in its environment. If in the past, they had to deal with disasters and disruptions, it is important that they create a clear understanding of how it affected the organization and what strategies were initiated that proved effective for them to weather the unfortunate episode in their corporate life.

It must also be built into the corporate culture as well. Because even if they may not face challenges from their environment, the challenges may come from within. Resilience is not just about dealing with changes and shocks that are coming from the outside, it is also about responding and withstanding challenges from inside. The Davidic Growth Paradigm incorporates three factors into its framework that helps mitigate internal challenges especially resulting from implementing digital transformation projects. They are inclusivity, lowering the resistance to change, and building a growth mindset.

This video is a visually striking presentation of learning how to rise up more times than we fall. If we can teach children this, shouldn't businesses and organizations learn it as well?

*Cover image by Adina Voicu from Pixabay.

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