Why leaders should learn to value the boundary spanners
Entrepreneurial talent who work with other teams often run into trouble with their managers. Here are ways to get the most out of your ‘boundary spanners’...
Brain Circuits
3 things you need to know about finding post-retirement purpose
The transition from executive leadership to retirement requires a fundamental shift in purpose. The challenge is not to fill time, but to create a portfolio of activities. Take this quiz to see whether what you have planned will do the job and read on for tips on finding post-retirement purpose.
1. How do you plan to spend your first official day of retirement?
a. Join a non-profit board and become a school governor.
b. Google “productive things retirees do”, then take a nap.
c. Check my emails constantly – I’m bound to be deluged by ex-colleagues needing my help.
2. What’s your idea of a meaningful retirement project?
a. Launching a mentorship network for young professionals.
b. Finally learning a foreign language. Or maybe the ukulele. We’ll see how the week goes.
c. Training the dog to go for a walk on its own.
3. You’ve been invited to speak at a conference. Your reaction?
a. Of course. I’ve already prepared slides, a TED-style opening, and a themed playlist.
b. Maybe – if it’s somewhere with good food and no dress code.
c. Only if I can do it virtually – from my hammock, in a bikini.
4. Your LinkedIn profile still says, “Open to work.” What will you actually be doing?
a. Consulting part-time and guest lecturing.
b. Dabbling. Light dabbling. Maybe heavy dabbling in summer.
c. Mostly doomscrolling and liking cat memes.
5. When asked what you really do now, you plan to say:
a. I help people grow.
b. I schedule invitations to lunch with friends. And some ex-colleagues.
c. A little bit of this, a little bit of that… I’m in my “experimental” phase.
What your results say about your planned retirement activities
Mostly As: You’ve swapped your executive title for Chief Fulfilment Officer. Your new life will bring you excitement, joy, and a renewed sense of self.
Mostly Bs: You’ve obviously given some thought to what comes next, but retirement will be much more fulfilling if you plan how to imbue it with purpose.
Mostly Cs: You might be in for a shock – without the corporate infrastructure that previously filled your days, you are at risk of feeling adrift.
How to find post-retirement purpose
1. Look beyond traditional board work
While board positions are a natural extension of executive experience, the most fulfilling post-retirement careers often transcend conventional corporate roles. Identify opportunities that align with your interests while allowing you to apply your leadership experience in new contexts.
2. Create impact through teaching and mentoring
Imparting your knowledge and experience to future leaders is particularly rewarding for retired executives. Teaching and mentoring roles often lead to unexpected personal growth as you articulate and examine your own leadership principles and experiences.
3. Engage in entrepreneurial ventures
Post-retirement entrepreneurship fundamentally differs from traditional business leadership. Retired executives can pursue ventures driven primarily by purpose and passion, free from the pressures of shareholder expectations and quarterly results. These endeavors often focus on solving societal challenges, allowing you to combine your business acumen and personal values in ways not always possible in a corporate setting.
Key takeaway
Creating a portfolio of activities that leverages your capabilities in meaningful ways will bring you fulfillment and a genuine sense of purpose in retirement.
Authors
Related
How to prevent employee burnout through a growth mindshift
When we feel stressed, we’re more likely to operate from a place of fear and fall back on a mindset that is fixed, judgmental, and focused on polarities – behaviour that soon...
How can AI enable your business strategy?
Artificial intelligence is perhaps the most far-reaching technology ever created. Google’s AI business strategist Gopi Kallayil recommends asking yourself three key questions regarding your business strategy and identifies three AI capabilities you...
Tell me more: how to boost your leadership skills by learning instead of directing
Many leaders feel compelled to motivate their teams to perform by being highly solutions-focused – but learning rather than directing often leads to better results. Consult the following checklist to guage whether...