Let's face it - the GFC was financially crippling for several companies and individuals round the world - but the worldwide Leadership Challenge should be more concerning because it has the potential to be even more devastating if it is not addressed and reversed.
Gallup research shows that the only most vital factor for our economic survival is discovering and nurturing entrepreneurial talent and building on people's strengths. Imagine how the planet would change if we nurtured the unique talents and strengths of people from school, to college , throughout to workplaces rather that attempt to force everyone into an equivalent kitchen utensil , get an honest education, get an honest job, do as you're told mould.
What we might see would be a generation of entrepreneurs, in-tuned with their uniqueness, starting new businesses, employing others, taking risks and creating new products and services that serve customers and communities.
Instead we face a GLC. As Jim Clifton, Chairman of Gallup suggests, "the deaths of companies now outnumber the births of companies ." Businesses with one or more employees are the engine of economic process altogether countries round the world and yet the leading global economic powerhouse - the US is seeing a bigger number of companies dying and shutting down than those beginning (470,000 versus 400,000).
Sadly, the leaders of our nations, political systems and corporations are still creating legislation, taxation and policies that favour the large end of town. we'd like to prevent pinning our future on large corporations and instead create a culture that encourages an entrepreneurial spirit, that helps people get in-tuned with their unique strengths and grows more Expander Leaders.
Why Expander Leaders? Because they:
create more leaders - they're of service
are more likely to get the individuality (I call it the UQ) in every single person they work with then align their strengths with their roles (they know people are more successful when working with their dominant, natural talents)
spend time planning for and that specialize in the expansion and well-being of individuals and therefore the communities to which they belong.
give control, not take hold
create environments of cooperation and collaboration, not competition
are more likely to light the spark of entrepreneurial leadership in others, not create more compliant follower employees.
Given half all the roles in most cities are created by small businesses, city leaders should be encouraging new business start-ups. Creating entrepreneurial incubators, shared space hubs, supportive policies and environments that reduce the bureaucratic procedure and barriers to launch alittle businesses should be one among their key priorities.
In my very own hometown city of Newcastle Australia - a start-up incubator called Slingshot is operational . Founded in 2012, Slingshot has run two programs so far making 13 investments in start-up businesses. Slingshot offers seed capital, co-working space, access to mentors and corporates and a 12 week educational program designed to accelerate the corporate to plug .
This is an excellent start to starting to address the GLC locally but it's no where near enough to make real change and momentum. Despite the glowing student reports, positive PR from corporates and educators, in relative terms, only minimal support has been secured for the program. Instead the city's money whether from private or corporate investment, continues to travel to blue chip investments that are tried and proven - it is a "me before we" culture.
Instead we'd like to encourage a replacement wave of leadership foresight and be willing to vary our focus for the advantage of our future growth, prosperity and sustainability. As Simon Sinek states, real fulfillment comes from serving those that serve others. Isn't it time we all started doing our bit to deal with the GLC by either investing in, supporting, serving or starting our own entrepreneurial venture? the longer term of our cities depends thereon . I encourage you to #startwithU.
Gallup research shows that the only most vital factor for our economic survival is discovering and nurturing entrepreneurial talent and building on people's strengths. Imagine how the planet would change if we nurtured the unique talents and strengths of people from school, to college , throughout to workplaces rather that attempt to force everyone into an equivalent kitchen utensil , get an honest education, get an honest job, do as you're told mould.
What we might see would be a generation of entrepreneurs, in-tuned with their uniqueness, starting new businesses, employing others, taking risks and creating new products and services that serve customers and communities.
Instead we face a GLC. As Jim Clifton, Chairman of Gallup suggests, "the deaths of companies now outnumber the births of companies ." Businesses with one or more employees are the engine of economic process altogether countries round the world and yet the leading global economic powerhouse - the US is seeing a bigger number of companies dying and shutting down than those beginning (470,000 versus 400,000).
Sadly, the leaders of our nations, political systems and corporations are still creating legislation, taxation and policies that favour the large end of town. we'd like to prevent pinning our future on large corporations and instead create a culture that encourages an entrepreneurial spirit, that helps people get in-tuned with their unique strengths and grows more Expander Leaders.
Why Expander Leaders? Because they:
create more leaders - they're of service
are more likely to get the individuality (I call it the UQ) in every single person they work with then align their strengths with their roles (they know people are more successful when working with their dominant, natural talents)
spend time planning for and that specialize in the expansion and well-being of individuals and therefore the communities to which they belong.
give control, not take hold
create environments of cooperation and collaboration, not competition
are more likely to light the spark of entrepreneurial leadership in others, not create more compliant follower employees.
Given half all the roles in most cities are created by small businesses, city leaders should be encouraging new business start-ups. Creating entrepreneurial incubators, shared space hubs, supportive policies and environments that reduce the bureaucratic procedure and barriers to launch alittle businesses should be one among their key priorities.
In my very own hometown city of Newcastle Australia - a start-up incubator called Slingshot is operational . Founded in 2012, Slingshot has run two programs so far making 13 investments in start-up businesses. Slingshot offers seed capital, co-working space, access to mentors and corporates and a 12 week educational program designed to accelerate the corporate to plug .
This is an excellent start to starting to address the GLC locally but it's no where near enough to make real change and momentum. Despite the glowing student reports, positive PR from corporates and educators, in relative terms, only minimal support has been secured for the program. Instead the city's money whether from private or corporate investment, continues to travel to blue chip investments that are tried and proven - it is a "me before we" culture.
Instead we'd like to encourage a replacement wave of leadership foresight and be willing to vary our focus for the advantage of our future growth, prosperity and sustainability. As Simon Sinek states, real fulfillment comes from serving those that serve others. Isn't it time we all started doing our bit to deal with the GLC by either investing in, supporting, serving or starting our own entrepreneurial venture? the longer term of our cities depends thereon . I encourage you to #startwithU.
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