imported>Doug Williamson |
imported>Doug Williamson |
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| 1. ''Behavioural skills.''
| | ''Economics - microeconomics''. |
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| The ability of individuals to recover from difficulties or to withstand external pressures.
| | An input to a process that is in limited supply. |
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| | For example, appropriately skilled labour, or particular raw materials. |
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| <span style="color:#4B0082">'''''Practise resilience'''''</span>
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| :Resilience is the best tool for when your environment changes, and this is a skill that can be learned.
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| :Six ways to practise personal resilience:
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| :*Attitude – understand your motivational state and how to change it
| | == See also == |
| :*Responses to stress – awareness enables control
| | * [[Limiting factor]] |
| :*Commitment – what are your motivations?
| | * [[Microeconomics]] |
| :*Control – understand what can and can’t be controlled in your environment
| | * [[Production possibility curves]] |
| :*Relationships – maintain clear and consistent communication
| | * [[Scarce resource analysis]] |
| :*Health – mental and physical
| | * [[Scarcity]] |
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| | [[Category:Financial_management]] |
| :Four ways to practise personal resilience during COVID-19:
| | [[Category:Knowledge_and_information_management]] |
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| :*Maintain boundaries between home and work especially when working from home
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| :*Be transparent
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| :*Manage your positivity
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| :*Look out for verbal and non-verbal clues in your work relationships
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| :''Association of Corporate Treasurers, Mental wellbeing and top tips for thinking in a resilient way, May 2020''
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| 2. ''Risk management - organisations and systems - finance.''
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| The ability of organisations or entire systems to recover from major problems, or to withstand adverse external conditions.
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| Examples of major problems include climate change, natural catastrophes, cyber-risk, financial market shocks and stresses.
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| :<span style="color:#4B0082">'''''Rolls-Royce bolsters financial resilience'''''</span>
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| :"With the aviation sector decimated by COVID-19 and an entire staff base working from home, Rolls-Royce, which generates around 50% of its annual revenue from civil aerospace, undertook swift action to conserve cash and bolster liquidity through a series of complex transactions in the second half of 2020.
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| :The deals stemmed from overarching aims to:
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| ::1. provide financial resilience and strong liquidity headroom to see the business through any severe but plausible downside scenarios on the recovery in air transport..."
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| :''ACT Deals of the Year Awards 2020 - Rolls Royce''
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| ==See also==
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| * [[ACT Competency Framework]]
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| * [[AMCT]]
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| * [[Black swan]]
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| * [[Business skills]]
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| * [[Capital Conservation Buffer]]
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| * [[Commercial drive and organisation]]
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| * [[COVID-19]]
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| * [[Downside]]
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| * [[Emotional intelligence]]
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| * [[Equifinality]]
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| * [[Event risk]]
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| * [[Executive coaching]]
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| * [[Financial Policy Committee]]
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| * [[FOMO]]
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| * [[Growth mindset]]
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| * [[Headroom]]
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| * [[Influencing skills]]
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| * [[Liquidity]]
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| * [[Mind map]]
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| * [[Self management and accountability]]
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| * [[Self-regulation]]
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| * [[Silo]]
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| * [[SMART]]
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| * [[TCFD Recommendations]]
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| * [[Technical skills]]
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| * [[Wellbeing]]
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| * [[Working effectively with others]]
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| ==Other links==
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| [https://www.treasurers.org/hub/treasurer-magazine/how-read-your-own-emotions-and-develop-resilience How to read your own emotions and develop resilience, The Treasurer, 2019]
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| [[Category:Commercial_drive_and_organisation]]
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| [[Category:Influencing]]
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| [[Category:Self_management_and_accountability]] | |
| [[Category:Working_effectively_with_others]] | |
| [[Category:Planning_and_projects]] | | [[Category:Planning_and_projects]] |
| | [[Category:The_business_context]] |
| | [[Category:Corporate_finance]] |
| | [[Category:Investment]] |
