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Your Post-Pandemic Hangover: Are You Now More Risk Averse?

Risk Averse Caution Sign

How Could You NOT be Affected?

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Citizens of the world have experienced relentless fear, uncertainty and doubt since the pandemic began in 2020.  We rode on a seemly endless emotional roller coaster.  After such a long and rough ride, it’s only human to affected by our experiences.  Figuratively speaking, all of us are still experiencing after effects. I’m not qualified to offer a clinical assessment.  So my civilian term is:

Pandemic Hangover.”   

Unlike a drinking binge hangover, emotional recovery from our Pandemic Hangover lasts much longer than a day or two.

What are YOUR Pandemic Hangover Symptoms?

We’ve all observed numerous Pandemic Hangover symptoms.  

  • The Great Resignation
  • Decline in work ethic
  • Quiet Quitting (p.k.a. Disengagement)
  • Reversed Work/Life balance. Stronger value for family and personal time
  • Decline in social skills
  • Social Injustice anxiety
  • Covid Brain
  • Increased Risk Aversion

That’s a lot of symptoms.  For the sake of brevity and simplify I’ll only address the the last one by asking:

Are You Now More Risk Averse?

Risk Averse Caution Sign

Is there a Risk Ahead caution sign floating in the back of your mind and in the people you lead?

To tackle the symptom of increased risk aversion.  The best approach is to:

  • Admit that it’s happened to you
  • Realize it’s also happened to those you lead  
  • Utilize your awareness to seek ways to regain your mojo and encourage others do the same

In the wake of all the FUD (fear, uncertainty and doubt) we’ve all experienced, it’s natural to become more cautious. When presented with opportunities, we’re more inclined to pump the brakes than hit the gas pedal. How do we find the gas pedal again?

A Hangover Remedy from Warren Buffett

Warren Buffet’s quote below offers some proven insight for navigating in an atmosphere of fear.

“Be fearful when others are greedy and greedy when others are fearful."

As you lead your organization or team to achieve more, how much more fear is present?  

Mr. Buffet mentions greed. The word fits the investment market world better than our leadership challenge. His concept can still help us to navigate the Post Pandemic world with a a minor edit.

To overcome our Pandemic Hangover symptom of Risk Aversion, consider swapping the word greed  in favor of assertive.  To paraphrase…

“Be assertive when others are fearful.”

Herein lies your leadership challenge for navigating our risk averse environment.   

  • How will you help your followers to first discover and then let go of their fears in favor or being more assertive in the face of lingering fear?  
  • How will you find opportunity in this unique environment?

Here’s a hint: It’s more about your EQ than your IQ. And more about positivity than negativity.  

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