Margaret Thatcher wasn't afraid to take the lead!
The mess that was Britain's economic condition when Thatcher came into power was extraoridinary. Thatcher focused on creating far better free market conditions as one of her key goals.
With the British economy improving from 1983-87, she pushed even harder to free up the market system.
When Thatcher's conservative party came to power in 1979, the government owned assets representing over 20 percent of the British economy. The simple solution was to begin selling them off - and she did.
Like many things connected to Thatcher, what she did caused ripples throughout the world, as the privatization of many of Britain's industries started to happen worldwide. It was the first time this type of privatization happened. It changed the world!
It simply didn't bother Thatcher to take the lead in areas. If she couldn't find partners and allies, she'd go ahead and take the brunt of the consequences that being a leader always entails. It never stopped her.
While taking the lead requires courage, as it puts you into the spotlight, at the same time the rewards can be tremendous.
Transfer the type of influence engendered by Thatcher to business, and you would have a powerful, international business, with people looking to you for guidance and leadership.
This is the fruit of being willing to be a market leader. We only have to understand when we take that lead, we will then be under scrutiny of all those involved. That's where the courage must come in. Like Thatcher, it's those times we can't be moved off our purpose. She never was.
Margaret Thatcher Resources:
The Best Quotes From Margaret Thatcher's 'Statecraft'
Margaret Thatcher & the Revival of the West
Interview with Margaret Thatcher
Magaret Thatcher's Life in the Shadows
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