Growing leaders the New Zealand way — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
New Zealand is studying how to turn its scientists into business leaders who can take their innovations to international markets. In interviews with 31 business leaders, a government sponsored study found these transition points in the path of a leader:
The switch from ignorance (“I don’t know how”) to competence (“Here’s how”) and self-confidence in young adulthood.
Taking the first risk of your career. That requires feeling a sense of ownership, showing responsibility (rather than “It’s not my fault”), and opting against staying in a low-level, secure job.
Building business by example and through crisis, avoiding the cop-out, “I can’t do everything.” Here’s where you steadily grow and learn.
Example: “Serial entrepreneurs” extend their expertise by developing more than one venture and can compare situations across time.
Taking the second risk of your career. Again, you have to opt against a secure position, even at a high level. Instead, keep enlarging your aspirations. Example: Companies often shy away from entering the export business. The second risk breaks through into international markets.
Giving back. Both alone and as part of a group, you can encourage, motivate and inspire budding leaders to reach their potential by helping them across each juncture.