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How Companies Can Find Opportunity In Adversity

How Companies Can Find Opportunity In Adversity Founder and Chief Culture Officer of Ideal Outcomes, Inc. Author of the new book Culture Ignited: 5 Disciplines for Adaptive Leadership. getty If it sometimes feels like you’re climbing Mount Everest in flip-flops, take heart. There’s opportunity in adversity. Many companies have achieved considerable success necessitated by—and even inspired by—a business crisis of one kind or another. With around half of Fortune 500 companies created during a crisis, it can be argued that encountering adversity when running a company is a driving force behind innovation and creativity. When your back is against the wall, I've found that this can drive you to make an all-out push to get back into a trailblazing position of strength and leadership. You’re also more likely to motivate and rally your team to pull together and overcome the obstacles. Companies Overcoming Adversity Look at Elon Musk’s groundbreaking achievements with Tesla and SpaceX. Des...
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Will Roper, then assistant secretary of the Air Force for acquisition, technology and logistics, speaks during a 2019 conference at National Harbor, Md. (Staff)

  Will Roper, then assistant secretary of the Air Force for acquisition, technology and logistics, speaks during a 2019 conference at National Harbor, Md. (Staff) As the department seeks to work more with new entrants to the defense market, Hermeus’ Shore said it’s important that engagement moves beyond meetings and small contracts to recognizing and valuing innovation and integrating it at scale. It may also mean changing processes to make it easier for startups to compete with more traditional defense contractors. “There’s just this inherent tension in the department, still, of push versus pull in the way the department buys technology, the way the department originates an idea and the way the department thinks about competition,” he said. “I don’t think the department has yet figured out how to commit to actually bear-hugging new technology sets and working with them.” Ursa Major’s Laurienti noted that while it’s easier for the Defense Department to leverage commercial capabilit...
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