Insights with Dzigbordi Kwaku-Dosoo: Resilience as a business asset: Lessons from personal adversity

0

Have you ever faced a situation so daunting that you wondered how you’d ever emerge from it, let alone become stronger? I have. Several times.

One such moment was when, in the span of just a few years, I lost people closest to me— my mother, my husband—and faced multiple miscarriages and severe business setbacks.

These events did not just shake my personal world; they rattled the very foundations of my professional confidence.

But in these depths of adversity, I discovered something powerful: resilience is not just a personal virtue—it’s an invaluable business asset.

Resilience isn’t merely bouncing back; it’s the art of bouncing forward. According to the American Psychological Association (APA, 2020), resilience involves adapting well in the face of adversity, trauma, tragedy, threats, or significant stress.

It’s about growth through difficulty, not despite it. For Ghanaian entrepreneurs and executives navigating the unpredictable waters of the current global economy, resilience becomes even more critical. It’s the fuel that drives innovation, adaptability, and sustained growth amidst challenges.

In our local context, resilience aligns beautifully with the Ghanaian proverb: “The stone that the builders rejected has become the cornerstone.” In business terms, the setbacks we face often hold within them the very lessons needed to elevate our enterprises. And often, those same moments offer clarity—stripping away what no longer serves us, and revealing what truly matters.

During my darkest days, personal losses were compounded by professional crises. Projects stalled, partnerships fractured, and motivation dwindled. Yet, in those seemingly unbearable moments, I recognized three pivotal truths:

  • Clarity in crisis: Adversity forced me to reevaluate my priorities, enabling a clarity that only comes when superficial distractions fade away.
  • Empathy and leadership: Experiencing pain firsthand deepened my capacity for empathy. Leaders who empathize authentically connect with their teams, inspiring loyalty and dedication.
  • Adaptability: I learned flexibility, discovering new ways to approach problems that had previously seemed insurmountable.

These personal realizations didn’t just heal me; they transformed my leadership style, turning vulnerabilities into strengths. My interactions with colleagues and clients became more meaningful and impactful, enhancing not only my personal growth but also business relationships.

One client once shared, “You don’t just advise; you understand.” That’s the essence of resilient leadership—meeting people where they are and guiding them with truth, experience, and compassion.

Translating Resilience into Business Practice

The lessons learned from personal adversity translate effectively into the corporate world. Take, for example, businesses that thrived post-COVID-19. According to McKinsey & Company (2023), organizations emphasizing resilience were significantly quicker to recover and innovate amidst disruption.

In Ghana, we have witnessed businesses like Kasapreko swiftly pivot from beverage production to manufacturing sanitizers during the pandemic, showcasing resilience in action. Leaders in these companies embraced uncertainty, harnessed flexibility, and reimagined their business models to adapt and thrive.

Moreover, businesses that actively integrate resilience into their strategic thinking tend to build stronger teams. They develop a culture that embraces mistakes as learning opportunities rather than punishments, encouraging innovation and continuous improvement.

Resilience doesn’t always come from the boardroom; sometimes it’s built in the quiet moments—in how a receptionist handles a tough customer, or how a junior staff member takes initiative during chaos. It’s in the DNA of how we show up daily.

The Psychology of Resilient Leadership

Resilient leaders possess psychological characteristics that distinguish them during crises. According to leadership expert Simon Sinek (2021), resilience involves a deep commitment to purpose and a clear understanding of the long-term vision, enabling leaders to maintain direction even in turbulence.

Leaders who exhibit emotional intelligence, self-awareness, and humility are more adept at navigating crises, maintaining morale, and inspiring confidence within their teams.

Additionally, resilient leaders communicate transparently, fostering trust within their organizations. They encourage dialogue and feedback, thus empowering their teams to feel valued and heard, which significantly boosts team cohesion and productivity.

But more than that, resilient leadership means showing up on your hard days. It means choosing to lead not because you have all the answers, but because you believe in your people, your purpose, and the power of pressing on.

The Power of Resilience in Relationships and Communities

Resilience isn’t just beneficial inside a business—it extends powerfully outward, shaping how your customers, investors, and broader community perceive and connect with you. People naturally trust and gravitate toward those who remain steady, adaptable, and optimistic in tough times.

I’ve seen this firsthand: businesses that show resilience foster deep, lasting relationships built on trust and dependability.

In our Ghanaian communities, resilient businesses become pillars of stability. They support livelihoods, create employment, and strengthen local economies, even during downturns.

Being resilient means more than survival; it’s about contributing meaningfully to those around us. As businesses thrive through resilience, they uplift entire communities, fostering collective strength and shared growth.

Resilience is not isolation; it’s connection. When we rise, we pull others up with us.

A Framework for Building Resilient Leadership: The R.I.S.E. Model

To practically embed resilience in leadership, I propose a simple but powerful framework: the R.I.S.E. model.

  • Reflect: Consciously pause during setbacks to evaluate your emotions, circumstances, and resources. Mindfulness here prevents reactive decisions that compound problems. Journaling and meditation can support leaders in developing a reflective practice. Reflection creates space to analyze the root causes of setbacks, facilitating informed decision-making. One technique I use is writing down the toughest question I’m avoiding—and answering it honestly.
  • Integrate: Transform painful experiences into learning opportunities. As leadership expert Brené Brown emphasizes, vulnerability and authenticity are foundational to effective leadership (Brown, 2018). Integrating adversity into one’s personal and professional narratives enhances leadership authenticity and credibility. Leaders can openly discuss setbacks and recovery, normalizing resilience within their teams. When I speak to teams, I often ask: “What story are you telling yourself about your setback—and is it true?”
  • Strategize: Channel your insights into actionable strategies. For instance, use lessons from past crises to build robust crisis management plans or enhance your organization’s agility. This strategic foresight prepares businesses to handle future disruptions more effectively. Incorporating scenario planning and risk assessments into regular business practices ensures organizations are better positioned for future challenges. Strategy built on wisdom is far more powerful than strategy built on assumption.
  • Empower: Cultivate resilience in your team. Foster a supportive culture that values innovation and views setbacks as integral steps toward success. Training programs, mentorship, and open dialogues about failure can significantly enhance organizational resilience. Leaders should actively recognize and celebrate recovery and growth from setbacks, reinforcing resilience as a core organizational value. True empowerment happens when people feel seen and trusted.

The world is not slowing down. With rapid changes in technology, climate, and global markets, businesses will need more than strategies—they’ll need stamina. Resilience will be the competitive advantage that separates the survivors from the thrivers.

This is especially true in Africa, where our growth is rooted in both opportunity and adversity. The future belongs to leaders who can hold tension with grace—who can weather the storm, and still dream.

Ultimately, adversity isn’t the end—it’s often the beginning of the most meaningful chapter in our lives and businesses. Embracing resilience does not mean avoiding pain; rather, it means embracing growth amidst that pain.

As leaders, our mandate is clear: normalize vulnerability, embrace uncertainty, and invest deeply in resilience training for ourselves and our teams. Remember, “When the roots are deep, there is no reason to fear the wind.” Let resilience be your roots, and adversity, simply the wind that makes you stronger.

Because it’s not what breaks you that defines you—but what rebuilds you.