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Transforming Setbacks Best Practices from HBR Management Tip of Day

By Thomas Canby posted 11-22-2017 21:06

  

Excerpted from Harvard Business Review, The Management Tip of the Day, on November 22, 2017  

Transform Setbacks into Possibilities by Shifting Your Mindset 

Many of us can recall an experience that felt negative at the time but turned out to be a good thing in the long run. When faced with a setback — you were laid off, or your unit didn’t meet its revenue goals — don’t rush to label it “bad.” Instead, think about what’s most troubling to you about the situation. Are you worried about not finding another job? Not earning your bonus? Missing out on resources you need? Once you’ve identified the specific concern, ask yourself, “Is there any way in which this situation could turn out to be good?” This question will shift you away from negative thinking and open you up to new possibilities. Take it a step further and ask, “What can I do to make this positive scenario a reality?” As a result, you’ll have an action plan — and the benefit of an optimistic outlook.

Adapted from “To Build Your Resilience, Ask Yourself Two Simple Questions,” by Srikumar Rao

 

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