How To Build A Resilient Business In High Point

Organizational resiliency is crucial to a company of any size. After all, the more your business is equipped to anticipate, respond and adjust to unexpected events and situations, the faster it will be able to recover. Here are some ways you can build a resilient business that can prepare for adversity, survive unplanned crises and thrive within the High Point community. 

Ways To Build A Resilient Business

Taking proactive steps is key to building a resilient business, as your plans and procedures will be in place before an event arises. Ways to build this culture into your company include:

• • Investing in Your Employees

    Having the right people in place is the most important part of any business. You can build resilience in your employees by providing training, development and mentorship opportunities, and promoting a healthy and respectful work atmosphere where employees can learn from their successes and mistakes, making them feel confident they can handle anything thrown their way. 

  • Fostering a Positive Culture

    A workplace culture that encourages unity, collaboration, adaptability and positive mental-health will help your team remain productive and engaged during times of uncertainty and strong enough to problem-solve during tough situations. By bringing employees together across all parts of your team, including company leadership, they’ll feel comfortable approaching executives if and when a situation arises.

  • Setting Strong Values

    While a company vision and goals help set the business plan, you also need a set of values that helps employees feel welcome and proud of their work. It’s important that values represent trust and camaraderie, encouraging employees to do the right thing.

  • Communicating Transparently

    When a crisis occurs, communicate with employees, customers, and other stakeholders early, often, and truthfully. Clear and consistent communication builds trust and minimizes confusion during an emergency.

  • Remaining Flexible

    Flexibility is key to resiliency. If your company has a culture of strictly following procedures, you might not be able to adapt to unforeseen market conditions. Flexibility allows you to react quickly depending on the changing business environment, becoming more adaptable as conditions evolve.

  • Embracing Technology

    It’s critical to have the right technology for your business: software and hardware that can increase efficiency across the board that, ultimately, leads to reduced costs. Your tech should also be scalable to meet the current and future needs of your business, and should be easy enough to use so that any employee can operate it in an emergency situation.

  • Engaging Your Community

    Resilient businesses often rely on community support, so get to know your customers, build relationships with reliable suppliers and engage with other High Point businesses and local associations. These connections can provide invaluable support during tough times. For instance, Business High Point-Chamber of Commerce provides local businesses with information on licensing, zoning, and other requirements for building a resilient business in High Point as well as access to a high-tech Generator at Congdon Yards.

Build Your High Point Business At Congdon Yards

Part of building a resilient business is having an agile and accommodating base of operations. Located in downtown High Point inside the fully renovated and transformed Factory and Plant 7 buildings, Congdon Yards provides a highly collaborative environment where resilient businesses can innovate, collaborate, and be part of High Point’s growing downtown infrastructure. If you’re looking to build a resilient business in High Point, contact Congdon Yards today and schedule a tour of our workspaces and meeting rooms.