"Beyond the Business Card"

Article by Elizabeth Paris about What Next? course in partnership with Said Business School and how retired leaders can use their skills and experience to benefit society.

media.jpg

To download this or other editions of Business at Oxford magazine, visit the Said Business School website.

In Summer 2007, Business at Oxford Magazine ran a feature on the Common Purpose What Next? course run in partnership with the Said Business School. The article focused on the importance of supporting senior leaders in continuing to make use of their skills and experience,and the benefit to the organisations they're leaving and joining as well.

Excerpts from the article include:

The ageing population of developed nations coupled with restructuring in many industries means that there are increasing numbers of highly skilled senior leaders taking early retirement or being made redundant. Many of these leaders, whether investment bankers disillusioned with the City, CEOs of merged NHS trusts, or downsized middle managers of large multi-nationals, wish to continue making a contribution to business life and society.

One initiative in this area is the What Next? programme launched in the UK by Common Purpose and targeted at experienced leaders, who are either within a few years of leaving, or have recently left, their senior roles and are contemplating their next move. Common Purpose found the perfect partner for the programme in the Saïd Business School, which aims to encourage business to address, rather than exacerbate, social problems and is opening up the debate on what role business should take in society.

"Reaching the peak of your career should be just the starting point," says Julia Middleton, CEO of Common Purpose. "We have designed What Next? for people with passion and energy who want to use their business expertise and leadership skills to benefit society - and have fun doing it!"

The employer who encourages a senior executive in the transitional stages of their career to take on new roles that offer access to influential networks and diverse power structures, is also investing in the future of the organisation. Those senior executives leave full-time employment and become ambassadors for their former organisations, whether in an informal or part-time advisory capacity. Everyone reaps the benefits as they broaden their reach and influence.

Read the full article in the Business at Oxford Summer 2007 Issue.