Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

How to be Resilient | Business Lessons from the World Chess Championship Match Carlsen – Karjakin, Part 2

The character of the world chess championship match between world champion Magnus Carlsen and his challenger Sergey Karjakin has changed: while they were testing each other’s (and the viewers’) patience in games 1 and 2, just waiting for the other side to make a mistake that never happened, the next two games were characterized by a fierce and long fight.

In games 3 and 4, Carlsen put Karjakin under heavy pressure in the endgame, the final phase of a chess game, where the number of pieces on the board is reduced. Usually, Carlsen’s opponents crack under the pressure of the world champion’s almost perfect skills in converting small endgame advantages. Not so Karjakin: in both games he successfully defended inferior positions and achieved two draws against Carlsen. Commentators rightly praised Karjakin’s defensive skills. Some even jokingly suggested that the challenger should become Russia’s defense minister.

Business lesson

Karjakin’s resilience sets an example for executives and entrepreneurs who face adversity in business. How did Karjakin develop his resilience, and how could you transfer this to the business world?

At the root is willpower, as I explained in my German book on the seven success principles of chess masters. The good news is that you can strengthen your willpower by managing your energy level, attitude and habits. In order to be as resilient as Karjakin, a strong belief in yourself and your resources is crucial. That belief will be strengthened through experience. Before the match against Carlsen, Karjakin had already successfully defended hundreds of difficult chess positions against other world class players.

However, that is not enough. You also need to regulate your emotions, replacing destructive feelings of despair in view of seemingly insurmountable difficulties with a constructive ‘can do’-attitude that enables you to find the hidden resources in a difficult situation. Please do not confuse this with blind optimism. In order to find the hidden resources, Karjakin had to be brutally honest with himself about the situation he was in. A realistic evaluation of the situation is the basis for being purposefully resilient.