Resource: Checklist for Building Resilience Monday 14 November 2016 Share Share to LinkedIn Share to Facebook Share via email Failures and crises are an inevitable part of a manager’s professional life. They can be devastating, life-changing, and transformative. They can make or break a career, ruin working relationships and working cultures, and potentially break a business, with detrimental effects for all concerned. Several high-profile cases have shown how catastrophic failures have seemingly done irreparable damage to personal and organisational reputations.Although mistakes and crises are acknowledged as part of a manager’s working life, they are too often ignored or, worse still, frowned upon. Whether the nature of the crisis is personal or related to business challenges, whether the causes were external economic factors or internal matters, crises can deeply affect those involved and their performance in the workplace. The scale and impact of mistakes come in all shapes and sizes, from project failure and workplace conflicts, to complete business failure and bankruptcy. Managers are encouraged to take risks but when those risks don’t pay off, a failure of one kind or another is the evitable consequence. Download Like this article? Why not share it. Share to LinkedIn Share to Facebook Share via email Topic: “Leadership needs to be held to professional standards” Dr Ayham Ammora FCMI is running for the role of chancellor at the University of Cambridge Read article Article Topic: “Management was a natural extension of my love of science” Steff Gaulter CMgr MCMI, shares how moving into management felt like an extension of her passion for weather presenting Read article Article Topic: Highlights – 25 June Living with the David Brent effect, solving the UK’s productivity gap – and other pressing management issues Read article Article Topic: Managing Failure How the Value-Cost Model solves the corporate existential crisis Dr Michael Wynn-Williams introduces the Value-Cost Model, which helps to set out a company’s future trajectory Read article Article Resource The information on this page is designed to help you to develop ever more compelling business proposals and presentations. Take a look at our selection of tools which could help support you. Members See More CMI Members have access to thousands of online learning and CPD resources. Learn more about our membership benefits Join The Community CMI offers a variety of flexible membership solutions, tailored to your needs. Find out more and get involved in the CMI community today.