A Lake Forest Corporate Education White Paper

www.LakeForestMBA.edu

Abstract
In today’s global economy, if you’re a technical expert, you must also learn how to be a business person. Doing so will lead you to greater personal career success and greater success for your organization.

“Unleash the Business Potential of Your Technical Experts” is a white paper researched and written by Lake Forest Corporate Education.

In creating this paper, the LFCE team interviewed more than 35 senior-level executives in IT, engineering, and science from companies such as Abbott, Allstate, Grainger, Hospira, Motorola, PepsiCo, Schick, Sun Microsystems, and Zebra Technologies.

These executives' perspectives on the transition from functional expert to high-level business leader include insights into: handling the demands placed upon technical professionals, gaining new skills, and how some companies are already adapting to ensure that technical experts gain new business skills.

The white paper also provides extensive coverage of:

• The five competency areas critical to business success
• The four best ways for technical experts to develop business skills

Within an organization, it’s everyone’s responsibility to lead the charge in developing business knowledge in technical experts.

While the ultimate responsibility for creating a successful career path must come from an individual, smart organizations – from managers to human resources and up through the C-Level – are motivating and supporting technical talent development while enjoying improved business results along the way.

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