TY - JOUR AB - Purpose– The purpose of this paper is to highlight the universal benefit of promoting: initiative, competence and commitment, in any organization.Design/methodology/approach– The value of a historic approach is highlighted.Findings– Long international experience has shown the writer that promoting initiative pays – personally, economically and socially.Research limitations/implications– Research analyzing case studies in widely different sectors, countries and conditions could be valuable.Practical implications– Encouraging initiative and entrepreneurship within organizations can improve function and cost‐benefit significantly.Social implications– These will be self‐evident from case study research (comment – the Spanish Mondragon Corporation is a good example).Originality/value– The point is that nothing is new in management as history shows, therefore it is worthwhile to study known successful outcomes. VL - 27 IS - 3 SN - 1477-7282 DO - 10.1108/14777281311315829 UR - https://doi.org/10.1108/14777281311315829 AU - Finlay‐Robinson David PY - 2013 Y1 - 2013/01/01 TI - Change and opportunity: the role of leaders and SMEs in creating new business futures T2 - Development and Learning in Organizations: An International Journal PB - Emerald Group Publishing Limited SP - 5 EP - 7 Y2 - 2024/05/11 ER -