building resilience for improved governance and performance dr. merle friedman & craig taplin...
TRANSCRIPT
Building Resilience for Improved Governance
and Performance
Dr. Merle Friedman & Craig Taplin Director, Research & Development Chief Executive
is now…
Stress and Traumatic Stress
How will people start to react if they find this system just too damn hard and too damn fast for too damn long?
(Thomas Friedman, 2000)
THREE POSSIBLE RESPONSES
VulnerabilityNegative
Resilience Resilience
The Twin Peaks Effect
Traumatic Stressors
Traumatic Stress Response PTSD
BurnoutNegative Resilience
(Denial & Dissociation)
Dr. Merle Friedman 1994
DisenfranchisedDistress
Normal Level of functioning
Demands of the workplace
TIME
BurnoutVulnerability
Burnout & Negative Resilience
The Resilience Curve
RE
QU
IRE
D P
RO
DU
CT
IVIT
Y
•Work Pressure
•Life Pressure
•Increasing uncertainty UBILITY:
Enhanced capacity through improved resilienceNEGATIVE RESILIENCE
Hot & Cool Decision Making
Pre-frontal Cortex
Pre-frontal Cortex
HippocampusHippocampus
Thalamus(Sensory)
Thalamus(Sensory)
Amygdala &CerebellumAmygdala &Cerebellum
Stimulus
Emotional Reaction
Considered Emotional Reaction
Hot PathwayHot Pathway
Cool PathwayCool Pathway
The Resilience/Productivity Link
Parameters
•Test/control group study•n=30•Currency Traders•London/Sydney•6 month study•Resilience Coaching
Outcome
•170% uplift in Test group P&L•Control group performance static
The Resilience/Productivity Link
Parameters•3 month test/control group study in 2013•n=15, total pop 98•Outbound health insurance sales•Single location, different team leaders•6 session resilience coaching program
Outcome•15.1% uplift in sales conversion in test group over control group
How Resilient is your Board, Executive Team and Staff?
Resilience Risk Assessment
Q1.
Q3.
Q2.
Q4.
Do they have the resilience required to successfully navigate the uncertainty and challenge in your environment?
What risk does this present to decision making quality, value creation and productivity?
What mechanisms do you have in place to measure and manage resilience and decision making quality?