Diane Brown NECA WIN Roundtable October 14, 2013 Advice - What is the best piece of leadership advice you ever received? What is the best piece of leadership advice you ever gave? Our Agenda Leadership and the attributes women bring – what the experts say So what does that mean to us? How do we take what we have learned today and become more effective leaders – in our work, in our families, in our personal pursuits What the experts say…Zenger Folkman 2011 study 7280 leaders surveyed across the globe and across public and private and government and commercial organizations Majority of leaders are still men – 64% 78% of executives are men 67% of senior management are men 60% at next manager level are men What the experts say... What the experts say… What the experts say… Why so high on initiative and self-development? “We need to work harder than men to prove ourselves.” “We feel the constant pressure to never make a mistake, and to continually prove our value to the organization.” Conclusion – in this study, women that were asked don’t feel their jobs/roles are safe. Why lower on strategic perspective? Numbers of women in roles where strategy is considered to be a requirement is lower Comparison of men and women in that small subset found them to be equally competent What the experts say… Their conclusions/recommendations… If an organization is concerned about retaining talent, customer satisfaction, employee engagement and profitability, it would benefit from recognizing the leadership competencies that women excel at are directly correlated to success in these areas. While organizations could benefit from leaders having a mindset that they cannot afford to make mistakes, the feeling of paranoia or extreme risk aversion among women in leadership roles or who could enter leadership roles is detrimental. What the experts say…Caliper Corporation “The Qualities that Distinguish Women Leaders” Study included the Caliper Profile, demographic analysis and in-depth interviews with women leaders Companies included Accenture, Kohler, IBM, Johnson & Johnson, International Paper, Bank of America All ages, marital status and family status were represented Women leaders were matched with a representative sample of male leaders from the Caliper Profile database What the experts say… Finding 1 – Women leaders are more persuasive than their male counterparts. Scored higher in areas like ego-drive, assertiveness, empathy, urgency, flexibility, sociability Allows women to read situations accurately, take information from all sides which enhances persuasive ability Men have a tendency to start from their own point of view and are not as flexible or willing to interact with others. Force their perspectives through strength of positions – rather than persuading. What the experts say… Finding 2– Feeling the sting of rejection, women leaders learn from adversity and carry one with an attitude of “I’ll show you.” Scored on par with men in ego-strength, but higher in assertiveness, empathy, flexibility, sociability Provides women with a unique approach to dealing with disappointment, rejection or situations that don’t work out their way “They (women) will feel the sting of being set back. They may even dwell on it, and tend to be a little self-critical. But then they will muster their assertiveness, shake off negative feelings, learn what they need to carry on and a voice in the back of their heads will say ‘ I’ll show you.’ Dr. Hank Greenberg – Founder and CEO of Caliper What the experts say… Finding 3– Women leaders have an inclusive, team- building leadership style of problem-solving and decisionmaking. Scored significantly higher in areas like assertiveness, empathy, urgency, flexibility, sociability Women are more interested in hearing all points of view to make the best decision. The final decision does not need to be their initial point of view. The difference in leadership styles between men and women starts with listening. “To learn, you have to keep asking. It’s all about asking questions. The people I work with sat that the process of my asking them questions helps them clarify their own thinking and they actually come out a little sharper.” Susan Rice – CEO – Lloyd’s Bank - Scotland What the experts say… Finding 4– Women leaders are more likely to ignore rules and take risks. Scored significantly higher than men in areas like urgency, risk- taking. Lower than male counterparts in external structure and cautiousness and have high abstract reasoning scores. More likely to push back when they are overly bound by regulations and rules, engage in more risk taking and come up with innovative solutions Have a greater need to get things done “Women leaders are venturesome, less interested in what has been than what can be. They will run the risk of occasionally being wrong in order to get things done. And with their abstract reasoning skills, they will learn from any mistakes and carry on.” Dr. Hank Greenberg – Founder and CEO of Caliper What the experts say… A new leadership paradigm? Study provided preliminary evidence that women bring distinct strengths to leadership Open, consensus-building, collegial approach This leadership profile is much more conducive to today’s diverse workplace where -- Information is shared more freely Collaboration is vital Teamwork distinguishes the best companies What the experts say … Thomas Malone What makes a team smarter? Created teams of people aged 18-60 Had them take IQ tests Gave them a series of problems to solve Conclusion Teams with the highest IQ’s did NOT perform the best Teams with the most women did “the standard argument is that diversity is good and you should have both men and women in a group…..but so far, the data show --- the more women the better.” Thomas Malone – Harvard Business Review So – women seem to have the right stuff…. Then why…….. Are there so few of us in higher positions of leadership across all industries and segments – public, private, government, education? What can I do to… Understand more of what I can bring to the party? Develop a plan to use more of those skills? We have met the enemy…. ….. and she may be us…… Have you ever ….. Wondered if you were good enough – to even be doing the job you are doing? Doubted yourself and your abilities? Not pushed yourself to the next level – taken on something new – because you felt you were not “qualified” to take it on and succeed? I still face situations that I fear are beyond my capabilities. I still have days when I feel like a fraud. And I still find myself spoken over and discounted whole men sitting next to me are not. But now I know how to take a deep breath and keep my hand up. I have learned to sit at the table. Sheryl Sandberg Lean In - Sheryl Sandberg Excuses and justifications will not get us anywhere. What would you do if you weren’t afraid? “How can I do better? What am I doing that I don’t know? What am I not doing that I don’t see?” Done is better than perfect. Lean In Be more open to taking career risks We typically avoid stretch assignments and new challenges - worried about having skills Shift from “I’m not ready to do that” to “I’ll learn by doing it.” 60% rule Skip the people pleasing. Think of your career as a jungle gym – not a ladder. Allow yourself to fantasize about your career. 18 month plan to develop new skills Understand yourself…. Disc Profile Personality assessment Gain an understanding of your natural style of working and communicating Learn how to communicate with others who are not “your style” to develop better working relationships and get things done more effectively and efficiently www.discprofile.com www.thediscpersonalitytest.com www.onlinediscprofile.com DiSC – what does it mean? Discovering Your Strengths… Do you have the opportunity to do what you do best every day? Our natural talents go untapped We devote more time to our shortcomings than our strengths Focusing on strengths leads to roughly 6 times higher levels of engagement at work and 3 times more likely too have an excellent quality of life in general Strengths Finder • Pick up the book – Strengths Finder 2.0. Take the online survey and receive a full report immediately. • Development guide includes • • • • Your top 5 strength themes Ten ideas for action for each strengths theme Thought provoking questions to develop an action plan Real world cautions…. • • Weaknesses or areas for improvement do need to be identified, called out and worked on A strength can become a weakness Mentors, sponsors, networks…… Mentors Usually behind the scenes More experienced person who brings knowledge of the organization/function Objective Sponsors Can be a mentor Takes deliberate action to put the person into situations they may not have had access to before Networks Groups of similar demographic – may work together or may not Can talk freely about challenges In closing….. Go back to the leadership advice you have been given and have given --- are you following it? Experts tell us that our unique leadership attributes --as women -- should prepare us for positions of greater responsibility and lead to greater success for our organizations and the women who follow behind us. We can be our own worst enemies when is comes to taking on greater responsibility. We need to take the time to understand how we interact in our circles -- work and personal --so we are ready to take on more challenges. Develop relationships that can help move you forward in your thinking. In closing…. Learn to Say Yes