We’re excited to have been asked to participate in Seymour Johnson Air Force Base’s 2012 “Family Day” program for active duty service-members, reservists, veterans, and their spouses; held at the Corrosion Control Hangar on October 27th in Goldsboro, NC. The program allowed us to not only extend the reach of our “Momentum” Career Series (through which our firm attempts to directly engage the needs of local, North Carolina military installations), but it also allowed us to further our mission of sharing information and entrepreneurial resources with those in our military community who are attempting to navigate through the difficult process of transitioning from active duty service, to civilian life. For a full list of participating agencies or for more information about the event, please contact the Seymour Johnson Air Force Base Communications Department.
Just a few months earlier, nearly 200 service-members of the US Army Reserve Center in Cary, NC attended our workshop on Small Business Development, Government Contracting, Military Employment Resources, and Workforce Readiness at the Army Reserve Center of Cary, NC. The event was the first installment of our workshop series, allowing us to further our “2012 Momentum Expo;” a platform developed with the help of New Century Planning to establish a pathway by which our veterans, reservists, and military spouses can gain access to on-the-spot hiring opportunities, entrepreneurial resources, and educational information to help launch their careers post military service.
We’d like to issue a special thanks to TheLadders.com; one of the nation’s most comprehensive job-matching firms; for providing us with Military Employment Guides and free membership cards for accessing their database of executive-level positions. And of course, we are especially grateful to the Army Reserve Center’s leadership for allowing us the opportunity to share resources for the benefit of assisting our men & women in uniform as they attempt to transition into the next stage of their careers.
1: VETERANS ARE ENTREPRENEURIAL
Academic research focused on the attributes characteristic of successful innovators and entrepreneurs highlights that high-performing entrepreneurs have in common strong self-efficacy, a high need for achievement, are comfortable with autonomy and uncertainty, and make effective decisions in the face of dynamic environments. Across multiple studies, research illustrates that these same attributes are generally characteristic of military service members and veterans. For example, research focused on the current all-volunteer force suggests that those who are drawn to military service are individuals with a high need for achievement (selfselection). Further, military training and socialization processes have been demonstrated to instill high levels of self-efficacy, trust, and a strong sense/comfort with autonomy and dynamic decision-making processes. These attributes, as they are linked to entrepreneurship and an entrepreneurial mindset among military veterans, have been consistently demonstrated in practice. According to multiple studies commissioned by the U.S. Small Business Administration and others, military veterans are twice more likely than non-veterans to pursue business ownership after leaving service, and the five-year success rate of ventures owned by veterans is significantly higher than the national average.
2: VETERANS ASSUME HIGH LEVELS OF TRUST
The ability to trust co-workers and superiors has been consistently highlighted in organizational behavior literature as a significant predictor of high-performing teams, organizational cohesion and morale, and effective governance systems. Research studies focused on both military personnel and veterans indicate that the military service experience engenders a strong propensity toward an inherent trust and faith in co-workers, and also a strong propensity toward trust in organizational leadership. In turn, the academic literature broadly supports the finding that organizations where trust between co-workers–and between employees and leadership–is strong, organizational performance is enhanced.
3: VETERANS ARE ADEPT AT SKILLS TRANSFER ACROSS CONTEXTS/TASKS
The ability to recognize and act on opportunities to transfer skills learned in a specific context, to a disparate context, represents a valuable organizational resource. Several studies focused on skills transfer have highlighted that military service members and veterans are particularly skilled in this ability. Research has attributed this finding to the fact that military training most often includes contingency and scenario-based pedagogy, and as a result service members and veterans develop cognitive heuristics that readily facilitate knowledge/skills transfer between disparate tasks and situations.
Click here to read the entire study.