GMG Accounting - Specialist accounting and financial services - Swan Hill, VIC Australia

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Coping with the Stress of Change

Brent Thomson • July 24, 2015

In business we are all faced with dealing with change, which can be stressful.

The World Health Organisation (WHO) defines stress as

" the reaction people may have when presented with demands and pressures that are not matched to their knowledge and abilities and which challenge their ability to cope."

When dealing with change and stress SURVIVAL is the key.

  • S    Size up the situation
  • U    Use all your senses
  • R    Remember where you are
  • V    Vanquish Fear and Panic
  • I      Identify
  • V    Value Learning
  • A    Act like the Natives
  • L    Live by your wits, but for now, Learn Basic Skills

Size up the situation

  • Don't over-eat. Drink lots of water. Watch your breathing
  • Size up your Equipment
  • Size up your physical condition
  • Size up your surroundings
  • Gather information, Training: Understand what, when and why
  • Be prepared to learn

Use all your senses

  • Watch your reactions, behaviour & emotions in stressful situations
  • Keep an eye on your team mates – can you help them
  • Ask Questions, Clarify information, Talk to others, 'Ask the experts'
  • Take notes, Keep 'in touch' with events
  • Listen to advice. Keep an 'ear out' for assistance and tips
  • Monitor your emotions Manage your stress levels, Maintain you work/life balance
  • 'Sniff out' opportunities to learn and help others learn

Remember where you are

  • This is business/work, not war! Keep a realistic expectation of your (and others) abilities
  • We are all different and may react differently to situations
  • We are all in this together 

Vanquish Fear & Panic

  • Plan ahead to succeed ---> Prior Planning Prevents Poor Performance
  • Use positive 'self-talk ---> "I am very smart, I can do this!"
  • Work your worries out ---> Identify your "Worry Shrinkers"

Identify

  • Identify similarities: One of the key aspects to learning is the ability to identify similarities between different subjects. How can you integrate two seemingly different phenomena? In that ways are they similar?
  • Identify the differences: The other key aspect is identifying the differences. How can you differentiate between two objects or phenomena? What makes the two different? What makes each one unique?

Value Learning

  • Accept mistakes as part of the learning process! (More Mistakes = Greater Progress)
  • Ask the experts!
  • To better navigate your way through the literature available for any given subject, it might be useful to ask some recognized experts for their own recommendations of books and resources to read, and any specific questions that you may struggle to find answers for. Experts don't just offer information. They offer insights.

To learn more, teach more!

Teaching others what you've learned is a great way to instil that information in your own mind. As you think of ways to better explain the subject, how to express it in your own words, and how to structure the information, you will develop a deeper understanding that will contribute to your own learning.

Act like the Natives

  • Go with the flow
  • Balance your life
  • Get help

Live by your wits

  • But for now Learn Basic Skills – Increases your ability to cope with the stresses of change

If your business environment or tax situation is causing you stress, book in an appointment to alleviate your worries.

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