8 Ways PMs Can Build Resilience in the Project Economy

Antonio Nieto-Rodriguez is a leading expert in project management and strategy implementation, recognized by Thinkers50 with the prestigious award “Ideas into Practice.” He is the creator of concepts like The Project Economy and the Project Manifesto. He is author of Lead Successful Projects (2019, Penguin) The Project Revolution (2019, LID) and The Focused Organization (2012 Gower). He has been teaching project management for more than a decade to senior executives at Duke CE, Skolkovo, Solvay Business School, and Vlerick. Antonio has held executive PMO positions at PricewaterhouseCoopers, BNP Paribas, and GlaxoSmithKline. Former Chairman of the Project Management Institute, he is the co-founder of the Strategy Implementation Institute and the global movement Brightline.

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Resilience—the capacity to bounce back swiftly from difficulties—plays a monumental role in our lives and careers. It is exemplified in people from various fields and regions who have overcome adversity to achieve remarkable success:

• Jack Ma, co-founder of Alibaba, persevered against multiple setbacks and—despite having no background in computing—created one of the world's most valuable tech companies.
• Elon Musk, the CEO of SpaceX and Tesla, faced numerous setbacks and challenges in his entrepreneurial journey. His first company, Zip2, struggled initially and was close to bankruptcy before Compaq acquired it. Similarly, Tesla faced financial difficulties and was on the brink of failure during the 2008 financial crisis. Musk's relentless perseverance and ability to bounce back from failures demonstrate his high resilience level.
• Similarly, J.K. Rowling, the renowned author of the Harry Potter series, is another example of resilience. Before her success, Rowling faced numerous rejections from publishers, lived on state benefits, and battled depression. Her resilience enabled her to persist with her idea, and she continued to seek a publisher for her manuscript. Ultimately, Bloomsbury Publishing accepted it, leading to the immensely popular franchise.
• Finally, Ingvar Kamprad, founder of IKEA, weathered numerous adversities, including …

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