Geoff Hudson-Searle’s Post

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Independent Digital Non-Executive Director, C-Suite Executive, Serial Business Advisor for Growth-Phase Tech Companies, and Best Selling Author

There has been much discussion around transformative #innovation that explores new #horizons and potentially disrupts #businessmodels, and whether this requires an #entrepreneurialmindset on the #boardofdirectors. It is key to any organization and can make a significant difference. First, in terms of adaptation. An entrepreneurial mindset equips #leaders with the ability to adapt quickly to change, seize opportunities, and navigate uncertainty effectively. When it comes to innovation, this approach fosters a culture of innovation, where creative solutions emerge, and the organization remains agile and responsive to market demands. It is also fundamental for #employeeengagement: encouraging an entrepreneurial mindset can lead to higher employee engagement, satisfaction, and retention as employees feel their ideas are valued and embraced. Additionally, such a mindset has an impact on sustainability: in a rapidly evolving world, organizations that embrace entrepreneurial thinking are more likely to be sustainable in the long run. Finally, on the Diversity and Inclusion spectrum, an entrepreneurial mindset in leadership allows organizations to leverage diversity fully, harnessing the power of different perspectives and experiences. To achieve substantial and continued growth in the 21st century, companies will have to look beyond improving the existing business model or simply launching new products. These actions just will not generate enough #growth anymore. Growth will come from more ambidextrous organisations that excel at improving their established business model (exploitation) and excel at inventing tomorrow’s growth engines at the same time (exploration). As Peter Drucker once said discussing Innovation and Entrepreneurship – Practice and Principles:  “This defines entrepreneur and entrepreneurship – the entrepreneur always searches for change, responds to it, and exploits it as an opportunity.” #csuite #executivedirectors #culturetransformation #strategytoexecution #nonexecutivedirectors #psychologicalsafety #vision #ceos #leadership #culturecanvas #businessstrategy #research #businessgrowth #people #values #strategicleadership #strategicgrowth #businesstransformation #globalbusiness #trustbuilding #designthinking #governance #dei #riskmanagement #financialmanagement #strategy #riskgovernance https://lnkd.in/eJ2eqDA

Does your executive board need an Entrepreneurial approach to business? - Freedom after the sharks

Does your executive board need an Entrepreneurial approach to business? - Freedom after the sharks

https://freedomafterthesharks.com

Shahid Chowdhary

Revolutionising the end-to-end production of books and journals for established publishers and universities through innovative workflow systems and technology.

4mo

Couldn't agree more! Geoff Hudson-Searle In today's dynamic business environment, organizations need leaders who can embrace change, foster innovation, and value diversity.

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