The correlation between sport and business is significant. Last year Ernst & Young commissioned a global online survey to investigate the role of sports in the development of female executives. This was done in connection with its Women Athletes Global Leadership Network. Go to http://www.ey.com/BR/pt/About-us/Oursponsorships-and-programs/Women-AthletesGlobal-Leadership-Network. This is a great website for information about the advancement of women in business positions. It connects elite female athletes with business leaders.
The study found that in comparing C-level female respondents to other female managers, 55% of the C-suite women had played sports at a university level, compared with 39% of other female managers. A Forbes report on the survey stated that more than three-quarters, or 76%, of women agree that adopting behaviours and techniques from sport in the corporate environment can be an effective way of improving the performance of teams.
The respondents included 821 senior managers and executives (40% female, 60% male) who work at companies with annual revenues in excess of US$250 million (AU$265).
Sport increases team empathy, cognitive skills and develops leaders. People who play sport are usually driven to succeed and therefore are well placed to enter the corporate world.
Our cover story this issue is Stephanie Rice, who has experienced the pinnacle of success in sport and is now about to embark on her own business venture.
Stephanie has the honour of being our first female cover story. And she is a worthy one. She has learnt some hard business lessons in the last two years, but she has a determination to succeed in business that mirrors the traits she displayed in the pool. She talks about sporting success, the value of mentors and never giving up on your dream.
Also featured in this issue is Conrad Smith who has taken in-flight catering to a new level, as the expectations of travellers become more demanding.
Still in the air, Nick Mair discusses the logistics of running CHC Helicopters which provides emergency services as well as connection between the isolation of oil rig workers and their families on land.
Meanwhile Tasplan’s Neil Cassidy discusses the constant changes to superannuation and growing a strong company in this sector and Nick Strauss and Ric Hull help us examine what it is like running a motor vehicle business in what is a very tight market.
Eric Morris is one of the most influential men in retail and he gives us his insight into why the retail industry is struggling.
We also tackle the topics of global digitisation, navigating the cloud, building a property portfolio, smart investment plans and smarter marketing.
This issue is our biggest yet… and for good reason. More profiles, more analysis and even more luxury.
We hope you enjoy this issue as much as we have enjoyed putting it together.
Editor, Business First Magazine