The finance industry in Australia is undergoing significant change as a result of the recent Royal Commission. The rules have changed, compliance is in overdrive and the corporate landscape is probably going to look different in four years’ time.
Change creates fear, fear creates stress and stress often leads to conflict.
It is very difficult to be your best self or to deal with all this change when you are feeling very stressed.
Chances are that your clients are also feeling very stressed. They are suddenly looking at the finance sector with much more critical eyes. They are doubting the people they have previously trusted. They may be challenging decisions previously made or fees that they have paid. This creates stress in the workplace and throughout the industry.
So stress levels climb and the chance of conflict also increases. Conflict at work with clients or colleagues; or conflict at home. And as the conflict increases the stress increases.
There are lots of elements in the current environment that we can’t control but the one thing that we can do is manage our personal stress as best as possible. If we can reduce our stress levels we will be much better able to deal with the issues that challenge us day in day out.
There is so much talk around these days about mindfulness and self care. For some people these terms sound soft and fad like. But I believe that they are neither soft, nor a fad.
It takes incredible discipline and courage to make long term changes to the way you look after yourself so that you are better able to manage the world around you. It often takes courage to say no to your friend who is offering you another beer or to behave in a way that is different to other people. It takes courage to speak up when you feel uncomfortable.
Self care needs to become a habit, your new norm.
Self care might look like:-
- Walking every day for 30 minutes
- Drinking less alcohol and coffee
- Going to bed half an hour earlier every day because a good night’s sleep can make the world of difference to how you approach the day
- Calling a friend for a chat each week and connecting with people outside of work
- Joining a sporting group or social group to have an outside activity that has nothing to do with work and that provides you with an opportunity to have fun
- Speaking up when you feel uncomfortable and not letting problems brew in your mind
Change is inevitable but how you manage your stress will have a direct correlation as to how well you manage change.
The Conflict Coach
Author of Leaders Who Lead
Contact Kate at [email protected]