During mega sporting events like the Super Bowl, you hear the word resiliency quite often. But, I think few people really know what it takes to be resilient.
Too often, people think you reach success by “pounding away” like the Carolina Panthers in the road to Super Bowl 50. Without a doubt, the franchise made a great run in the 2015-16 season by continuing to pound, but they were defeated by a team that showed flexibility.
When you look up the definition of resiliency, it mentions “having elasticity.” Not surprisingly, the Denver Broncos, who defeated the Panthers in Super Bowl, displayed elasticity throughout the season. Specifically, quarterback Peyton Manning became more flexible and elastic in his management of the game.
Starting the season, the Broncos were a favorite to win the Super Bowl. But, as many football seasons do, the next 17 weeks were filled with promise, disappointment, concern and eventually, frustration. Many teams would have allowed those circumstances to define their season. Peyton was injured and sat on the bench for several weeks. He watched how the backup succeeded and learned the true strength of their team was their defense. He didn’t have to win every game; he just didn’t have to lose.
In the playoffs, Peyton’s performance was clearly not the same it had been in the previous two decades of his career. However, he managed the game to the best of his ability and recognized what he could do and couldn’t do.
During the Super Bowl, he didn’t seem to force anything. Instead, he paid attention to what the defense provided him, and he capitalized on it. I’m sure he would have liked to have thrown a bunch of touchdowns and set records, but it wasn’t good for the team. He was resilient in his game plan because he was able to change and adapt in a high pressure situation.
My point? Resiliency isn’t about “keeping your nose to the grind stone.” Flexibility allows you to recognize opportunity, which is just as important as reaching a previously set goal. Sometimes you have to give up aspects of your original vision in order to reach a higher level in your game.
True resiliency in business is the ability to adapt to change and maneuver around disruption. Be flexible instead of rock hard in your determination to succeed.
Mike McGlothlin is the Executive Vice President of Annuities at Ash Brokerage. His strength is helping advisors become more efficient and effective in their businesses. He and his team provide income-planning solutions focused on longevity and tax efficiency, and they also assist advisors with entering defined-benefit termination planning and structured settlement markets.
© 2018 Ash Brokerage LLC.