Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Business
    3. >Private sector leader? This is why you should serve a term in the public sector
    Business

    Private Sector Leader? This Is Why You Should Serve a Term in the Public Sector

    Published by Jessica Weisman-Pitts

    Posted on August 3, 2023

    5 min read

    Last updated: February 1, 2026

    Add as preferred source on Google
    Image of a thoughtful executive reflecting on career choices, illustrating the benefits of transitioning from private to public sector leadership roles in banking and finance.
    Executive leader contemplating transition from private to public sector - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:managementpublic policyleadershipfinancial management

    Private sector leader? This is why you should serve a term in the public sector

    By Anna Dickinson, Consultant in Odgers Berndtson’s Central Government Practice, explains why private sector executives should incorporate the public sector into their career plan

    For private sector leaders, moving to the public sector is typically viewed as an opportunity to ‘give back’. Often, it’s the role they take before retirement, or after achieving their career goals in the private sector and want new challenges and experiences. Both are viable career choices and will provide a greater sense of purpose. However, incorporating the public sector into a career plan at an earlier stage can offer even greater benefits. Serving for a fixed period before transitioning back into the private sector, provides the opportunity to nurture a distinct skillset and gain the sort of experience which can significantly enhance an executive’s career trajectory upon returning to the private sector.

    If you are a private sector leader, these are some of the reasons why you should consider making a move into the public sector:

    Develop systems leadership

    Public sector leaders might be running large scale healthcare services, sports trusts, regulatory bodies, commercial or trade entities, or critical infrastructure programmes. Their responsibilities can range from leading critical national initiatives and operations to overseeing programmes providing care for an ageing community or addressing children’s mental health. The challenges can be far more expansive and complex than a narrow set of commercial objectives – often the focus in the private sector – and requires rigorous governance, complex problem solving, and the ability to lead through influence rather than direct action.

    Combined, this is large scale systems leadership, wherein leaders effectively navigate networks of stakeholders, each with their own interests and agendas, while improving collaboration and alignment between all. Leading through influence becomes paramount, as direct control over all aspects is not feasible. Building alliances, collaborating with diverse groups, and leveraging relationships are essential for driving these types of large-scale and complex operations. The experience and skills developed are unique to the public sector, and directly translate into leading organisation-wide transformation programmes in the private sector.

    Manage scale and complexity

    Public sector leadership can involve a level of responsibility and complexity that surpasses even the most demanding roles in major global corporations. The scope of these positions often means handling substantial budgets and overseeing contracts of immense value, elevating the stakes of every decision. The repercussions of these choices extend beyond individual entities; they profoundly impact entire communities and the well-being of thousands of people residing within them. With this responsibility can come great reward; often the very tangible impact senior leaders have in the public sector can be extremely motivating and leads to career defining moments of achievement.

    Setting these leadership positions apart is the need to effectively manage a diverse array of stakeholders, each with their own vested interests. Additionally, leaders must navigate through intricate regulatory frameworks while tackling multifaceted challenges that demand versatility and adaptability. The opportunities for professional growth and development within this domain are unparalleled. Having experience in spearheading country-wide initiatives and overseeing multi-billion dollar budgets equips individuals with the capability to bring disparate and conflicting parts of large organisations together and achieve successful transformations.

    Know what not to change

    While markets grow and decline, business trends change from year to year, and the FTSE 100 looks unrecognisable from what it was twenty years ago, the public sector, in many ways, remains a constant. Government institutions, while they may evolve, endure for decades (sometimes even centuries), remaining impartial through differing political landscapes and changes of administrations. For private sector executives it means joining an organisation steeped in tradition and a culture that understands there are aspects that need to change and evolve, and aspects that don’t.

    The private sector on the other hand, can often be transient and disruption-led. Leaders increasingly embrace a disrupt or be disrupted mindset that maintains driving change can only be a good thing. The more permanent and steady environment of the public sector can therefore be challenging for private sector leaders. But it can also be beneficial; change for the sake of change does not always deliver positive outcomes.

    Societal impact

    The allure of the public sector lies in the potential to work on initiatives with tangible impact and that truly matter. Public sector leadership roles enable an individual to contribute to society’s well-being, work on projects of national importance, and directly impact the lives of millions.

    Although the sense of fulfilment in achieving such meaningful outcomes is undeniable, conversations with executives who have made the transition reveal the true reward often lies in leveraging skills honed in the private sector to address public sector challenges. The profound satisfaction that arises from applying a distinctive skill set and fresh perspectives to drive positive change sets this experience apart from anything encountered in the private sector.

    Table of Contents

    • Develop systems leadership
    • Manage scale and complexity
    • Know what not to change
    • Societal impact

    Frequently Asked Questions about Private sector leader? This is why you should serve a term in the public sector

    1What is systems leadership?

    Systems leadership refers to the ability to manage complex networks of stakeholders and navigate diverse interests to achieve collective goals, particularly in public sector settings.

    2What is societal impact?

    Societal impact refers to the effect that an organization's actions have on the community and environment, influencing social well-being and quality of life.

    3What is scale in leadership?

    Scale in leadership refers to the ability to manage large operations, budgets, and teams effectively, often seen in public sector roles that impact entire communities.

    4What is career development?

    Career development is the process of managing and advancing one's career through education, training, and experience to achieve professional goals.

    More from Business

    Explore more articles in the Business category

    Image for Submit Your Entry for Years of Excellence Awards 2026
    Submit Your Entry for Years of Excellence Awards 2026
    Image for Nominations Open for Travel & Hospitality Awards 2026
    Nominations Open for Travel & Hospitality Awards 2026
    Image for Submit Your Entry Today for Telecom Awards 2026
    Submit Your Entry Today for Telecom Awards 2026
    Image for Submit Your Entries for The Next 100 Global Awards 2026
    Submit Your Entries for the Next 100 Global Awards 2026
    Image for Submit Your Entry: Public Sector & Governance Excellence Awards 2026
    Submit Your Entry: Public Sector & Governance Excellence Awards 2026
    Image for Nominations Invited for Real Estate Development Awards 2026
    Nominations Invited for Real Estate Development Awards 2026
    Image for Submit Your Entry: Process & Product Awards 2026
    Submit Your Entry: Process & Product Awards 2026
    Image for Call for Entries: HR & Recruitment Awards 2026
    Call for Entries: HR & Recruitment Awards 2026
    Image for Submit Your Nominations Today for Education & Training Awards 2026
    Submit Your Nominations Today for Education & Training Awards 2026
    Image for Join the Corporate Governance Awards 2026: Showcase Your Organisation’s Leadership
    Join the Corporate Governance Awards 2026: Showcase Your Organisation’s Leadership
    Image for Submit Your Entry Today for Business Awards 2026
    Submit Your Entry Today for Business Awards 2026
    Image for Decentralized Masters’ ‘family culture’ building trust instead of hierarchy
    Decentralized Masters’ ‘family Culture’ Building Trust Instead of Hierarchy
    View All Business Posts
    Previous Business PostCommunications Surveillance: A Company-Wide Consideration
    Next Business PostGovernance, Risk, and Compliance (grc) Can’t Be Effectively Managed in Silos