Tuesday, September 3, 2019

Crisis: Opportunity or Danger?



The Chinese word "WeiJi" or Crisis are formed by two words "Wei" meaning danger and "Ji" meaning opportunity. Thus there is always an opportunity for learning or improvement or perhaps through the solving of the problem derives a valuable solution that we can take advantage of.

Using Singapore as example, our past innovations in water treatment, in financial base for Real Estate Investment Trust (REIT) using favourable tax laws and many others had created opportunities for various sectors and organizations. What else can we do in our current predicament (or crisis) to exploit an opportunity from it?

Some other facts:
- Crisis state normally cease within 6-8 weeks, some texts state 10-12weeks.
- One cannot tolerate extreme tension and disequilibrium for more than a few weeks

If you are facing or nearing a crisis state, please seek help and support.

Reference: James, R.K., & Gilliland, B.E. (2017). Crisis intervention strategies (8th ed). Belmont, CA: Cengage Learning.

#crisis #success

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