VIDEO: SMEs understand purpose better than big biz

Smaller organisations are faster and more successful at identifying the core purpose of their business compared with larger counterparts, according to one of Australia’s leading executive coaches. 

Speaking to BlueNotes on video, chief executive and founder of Chorus Executive Christine Khor said small-to-medium enterprises (SMEs) were able to use this knowledge to create stronger teams among staff, leaving the efforts big business in their wake.

"[SME staff] have a greater line of sight to the purpose of the business, to the leadership team and to knowledge they are adding value."
Christine Khor, Founder, Chorus Executive

“The reason why is [SME staff] have a greater line of sight to the purpose of the business, to the leadership team and knowing they are adding value,” she said.  “For large organisations, it is much harder. “

SMEs understand purpose better than big biz

Khor said businesses need modern leaders who are up for the challenge of running a modern organisation and are able to empower their employees in a tough marketplace.

“You need to have a strong leadership team that actually are brave in themselves,” she said. “That are making hard decisions, that are making right decisions, that are making worthy decisions.”

She also touched on the age of corporate individualism and the importance of being aware of your own career path. Watch the video above to find out more.

Carina Parisella is a contributing editor at BlueNotes

The views and opinions expressed in this communication are those of the author and may not necessarily state or reflect those of ANZ.

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