It’s a simple formula for athletes in elite sports: focus, preparation, practice and teamwork. Recently I attended a lunch with the Victorian Chamber featuring Australian Olympians Michael Klim, Nicole Livingstone, James Tomkins and Craig Mottram. For them, achieving a lifelong dream by representing Australia and competing at the Olympic Games was secondary to their gold medal winning performances. But the most interesting part of their stories was how they had found new passions post retirement outside of the sporting arena.

  1. Preparation and process

It is very important to keep an unwavering attention to detail during a time of high stress and pressure. Klim spoke of the 1998 Olympics in Atlanta, where he was favourite for the 200m freestyle event. He missed the bus on the way to the pool, couldn’t find his coach and was only able to complete a brief warm up swim – he didn’t qualify for the final. In business, it’s critically important during stressful times that we stick to our defined processes, don’t rush hires or deviate from the norm just to fill a gap.

  1. Challenge and stretch

Tomkins mentioned that he and the other members of the Oarsome Foursome constantly challenged each other to come up with new, innovative ideas that could separate them from the challengers. However it wasn’t up to the athletes alone. They challenged their coach, nutritionist and psychologist to always come up with new ideas. Sometimes all it takes is a fresh set of eyes on a project to change the delivery model, reworking a central piece to pull together all the essential elements of a project. Businesses shouldn’t be afraid to hire from outside their sector or industry if a candidate has an open mind. New talent may give your organisation a ‘shakeup’, offering innovative solutions with the potential to benefit all teams.

  1. Don’t settle

So what happens when you’ve realised the dream and the celebrations are over? Since hanging up his togs, Klim has created the men’s skincare range Milk (a clever anagram of his name) with his family company, Milk & Co. Livingstone has enjoyed a media career as a well-known television host and sports commentator. Mottram recently completed the London Marathon (the competitive bug still bites) and has started his own consultancy business, Elite Wellbeing. Tomkins has worked for nearly 30 years in Banking & Finance, a career he maintained alongside rowing.

  1. Conscientiousness beats lucky

We can all relate to thrill of a win or the inherent disappointment when we fail to reach our goals. Livingstone says athletes make good recruits because they are by nature hardworking, dedicated and committed. I think you’d agree those are common leadership traits too. It’s a buoyant time in the Victorian infrastructure market, so I’m championing the lessons of these Olympians in my approach to executive recruitment.

What have you learned from successful people in your industry? Do you have a success story you’d like to share?