- Resilience: The process of adapting well in the face of adversity, trauma, tragedy, threats, or even significant sources of stress – such as family and relationship problems, serious health problems, or workplace and financial stressors -
Multi-national steel company Tata Steel completed the sale of its European Long Products business, including the integrated steelworks in Scunthorpe, to Greybull Capital LLP at the start of last month, and has been renamed as British Steel.
British Steel, which includes the Scunthorpe steelworks, two mills in Teesside and associated distribution facilities in the UK and Ireland, as well as a rail mill in northern France. The business has implemented a transformation plan including a portfolio restructuring of assets, underpinned by committed support from employees and their trade unions.
In these changing times, Blackswan has provided the firm, which employs 4,800 people, with a resilience workshop specially tailored to their evolving needs.
“I have missed more than 9,000 shots in my career. I have lost almost 300 games. 26 times, I’ve been trusted to take the game winning shot and missed. I’ve failed over and over and over again in my life. And that’s why I succeed” – Michael Jordan
Blackswan CEO Maurice Duffy delivered the workshop in Sheffield, focusing on cultural and organisational change, and set out ten new mindsets for the modern world.
“It’s the ability to successfully cope with change or misfortune. To adapt well in the face of adversity.
“The Chilean miners who were trapped for 69 days are a very good example of people under extreme pressure, who were able to support each other and come through the other side. They provide a lesson in human resilience for us all.”
“It’s good to understand things that we thought were out of our control actually sit within our control” - Delegate
Delegates on the course also learned about Ping-Fu, the co-founder of Geomagic, and her journey from despair to triumph.
Torn from her mother’s arms at the age of eight and sent to an orphanage, she faced ten years of near-starvation, abuse, and child labour as a factory worker and soldier during the Cultural Revolution in China.
She never let these bitter experiences defeat her, and after arriving in the US aged 25, she worked her way through school, and became CEO of Geomagic, a software company that is leading the 3D printing and imaging revolution.
Maurice added: “In 2005, Ping Fu was named Entrepreneur of the Year. What makes her different to us? Determination. Resilience. You get to choose your attitude in life. She wasn’t going to let the memories she was burdened with stop her. Resilience is about not giving up.”
“We are in a new world where we need to learn and develop” – Delegate
The future for British Steel and its employees is looking bright, with plans to improve the business’ prospects, putting it in a more competitive position than it has been for many years in spite of continued challenges in the market.