NuSocia Knowledge Centre | Resilience in Crisis
Issue #2 | Mon July 6, 2020
Dear NuSocia Patrons,
Welcome to another exciting edition of our newsletter. Around the world, as businesses and non-profits are coping up with the new normal, the underlying note of resilience is the key to survival.
As author Robert Jordan succinctly put- “The oak fought the wind and was broken, the willow bent when it must and survived.”
In this edition of the newsletter, we have tried to curate some insightful articles on resilience and to seek out opportunities for growth from the crisis and look out for companies who not only chose to survive but thrive.
Trust, patience and collaboration will get us through this. We are here for you.
Happy reading!
Readings : Food for Thought
We have carefully curated a quick and customized reading list for you to get an in-depth idea of resilience required.
1. Resilience – One thing that’s needed by everyone : When we look around after any crisis, small or big, we realise that there are several individuals or companies who not just cope, but also thrive well in adversity. Good news is that years of research have shown that this is not an innate ability but a skill that can be learned and entail perspectives that can be taught.
Read Now (10 Min Read)
2. What Nonprofit Board Members Should Be Doing Right Now to Address the COVID-19 Situation.: As the world responds to the threats of COVID-19, many non-profits and their boards are wrestling with difficult questions and decisions. In these uncertain times, as the situation rapidly changes, the board needs to provide steady and adaptive leadership in partnership with and in support of the CEO.
Read Now (6 Min Read)
3. From Sustainability to Survivability : As non-profit professionals scramble to devise new operating plans designed to serve as many as possible while protecting and caring for employees, the thought of sustainability seems almost quaint. All revenue streams, from foundations to individuals and even fees for service, are under extreme pressure.
Read Now (5 Min Read)
Expert Speaks
Under this section, we bring to you some expert opinion from industry leaders on the topic.
We reached out to Mrs. Richa Pant (Head, Group CSR & Sustainability, L&T Finance) who speak to us about the importance of resilience in social sector post crisis situation and how to mitigate them.
Given the current COVID-19 pandemic, what shift you are seeing in social development sector and what is the way forward to mitigate the crisis?
The nature of the impact of COVID-19 will change work practices and the relationships between service providers and their customers, revealing the fundamental importance of investing in virtual resources, technology, data and information, and behavioural changes. This change, whilst potentially overwhelming, has the potential to create a more sustainable operating model during this period of uncertainty and lay the foundation for increasing the impact of the social sector into the future.
While it's important to keeps teams working with virtual collaboration tools, the businesses that thrive will be those that make time to rethink their broader operations too.
Facets of Impact : Episode 1 (Watch Now)
What's New:
The kind of challenges related to #Livelihoods have different tones and tenors to it at #Rural, #smalltown and #Urban level. It also has the gender nuances involved.
Keeping this in mind, we are pleased to bring forth a carefully curated panel of social entrepreneurs working in livelihood sector- Pooja Kaul, Ketan Deshpande, Inir Pinheiro, Mayura Balasubramanian & Anirban Gupta. Anirban will also be the moderator for the session.
Date: 8th July,2020
Time: 4-5pm IST