Sitting, perhaps your job will be to help the SLT take it on the chin....totally agree, confidence makes a huge difference at every level.
In our case, the school missed 'outstanding' by a whisker. It doesn't actually matter very much, in the bigger picture, it all makes sense in terms of our development and box ticking, but there was a definite dip in spirits at school for about a week.
Then everyone bounced back and started loving school again (I'm talking adults here, the kids were fine!). Apart from a very few who are still reacting to their disappointment.
I hope your school bounces back just as fast, and is enjoying the challenge of their new post Ofsted plan within weeks.