Resilience and Speculative motive: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Layout.)
 
imported>Doug Williamson
(Add link.)
 
Line 1: Line 1:
1. ''Behavioural skills.''
A desire to hold money to allow an individual or firm to take advantage of potential investments which offer a higher rate of return.


The ability of individuals to recover from difficulties or to withstand external pressures.


 
== See also ==
:<span style="color:#4B0082">'''''Practise resilience'''''</span>
* [[Liquidity preference]]
:Resilience is the best tool for when your environment changes, and this is a skill that can be learned. 
:Six ways to practise personal resilience:
 
:*Attitude – understand your motivational state and how to change it
:*Responses to stress – awareness enables control
:*Commitment – what are your motivations?
:*Control – understand what can and can’t be controlled in your environment
:*Relationships – maintain clear and consistent communication
:*Health – mental and physical
 
:Four ways to practise personal resilience during COVID-19:
 
:*Maintain boundaries between home and work especially when working from home
:*Be transparent
:*Manage your positivity
:*Look out for verbal and non-verbal clues in your work relationships
 
 
:''Association of Corporate Treasurers, Mental wellbeing and top tips for thinking in a resilient way, May 2020''
 
 
2. ''Risk management - organisations and systems - finance.''
 
The ability of organisations or entire systems to recover from major problems, or to withstand adverse external conditions.
 
Examples of major problems include climate change, natural catastrophes, cyber-risk, financial market shocks and stresses.
 
 
:<span style="color:#4B0082">'''''Rolls-Royce bolsters financial resilience'''''</span>
 
:"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.
 
:The deals stemmed from overarching aims to:
 
::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..."
 
:''ACT Deals of the Year Awards 2020 - Rolls Royce''
 
 
==See also==
* [[ACT Competency Framework]]
* [[AMCT]]
* [[Black swan]]
* [[Business skills]]
* [[Call for Action on Adaptation and Resilience]]
* [[Capital Conservation Buffer]]
* [[Climate change: testing the resilience of corporates’ creditworthiness to natural catastrophes]]
* [[Commercial drive and organisation]]
* [[COVID-19]]
* [[Cyber resilience]]
* [[Emotional intelligence]]
* [[Equifinality]]
* [[Event risk]]
* [[Executive coaching]]
* [[Financial Policy Committee]]
* [[FOMO]]
* [[Growth mindset]]
* [[Headroom]]
* [[Influencing skills]]
* [[Liquidity]]
* [[Mind map]]
* [[Self management and accountability]]
* [[Self-regulation]]
* [[Silo]]
* [[SMART]]
* [[TCFD Recommendations]]
* [[Technical skills]]
* [[Wellbeing]]
* [[Working effectively with others]]
 
 
==External link==
 
*[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]
 
[[Category:Commercial_drive_and_organisation]]
[[Category:Influencing]]
[[Category:Self_management_and_accountability]]
[[Category:Working_effectively_with_others]]
[[Category:Planning_and_projects]]

Revision as of 14:30, 9 June 2016

A desire to hold money to allow an individual or firm to take advantage of potential investments which offer a higher rate of return.


See also