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Why Women Leaders Are Losing Their Jobs

December 21, 2016 By Patti Cotton Leave a Comment

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3 Ways You Can Avoid This

Fortune Magazine’s December 13, 2016 blog, “The World’s Most Powerful Women,” reports that women business leaders around the world are losing ground.

“This year has been a doozy for supporters of gender equality and women’s advancement, even beyond Hillary Clinton’s defeat and Donald Trump’s victory.

  • Dilma Rousseff, Brazil’s first female president, was ousted from power, and
  • South Korea’s first female president, Park Geun-hye, now seems poised to meet that same fate.
  • The IMF’s first female chief, Christine Lagarde, is currently engulfed in a trial that could jeopardize her future.
  • The number of female CEOs in the Fortune 500 sank from 24 to 21.
  • And some bright, still rising business stars – Theranos’ Elizabeth Holmes, Yahoo’s Marissa Mayer – have plummeted like fireballs back to earth.”

The unfortunate consequence of these disappointing events is that because this is occurring on a larger, public scale, your brain is subconsciously telling the following story:

“Hey, You, women just can’t hack it. See what happens when a woman is placed in a position of leadership? Don’t try it. It doesn’t work. Be safe. Be warm. Stay where you are. Don’t try to reach higher goals. Don’t speak up. Don’t speak out.”

In fact, most all of these situations Forbes describes were avoidable – and that’s what your brain doesn’t stop to examine. The women mentioned in the Forbes blog have lost their positions for many reasons, and some are as follows:

  • poor decision-making, difficulties in taking action
  • not asking for help or an inability to listen
  • surrounding themselves with the wrong people
  • difficulty in building the influence they need to get support and get things done
  • staying too long in the same position when they should have made that next move or change

Of course, politics can sometimes derail. And, in at least one disappointing case, compromised ethics were at issue.

But for the most part, the plummets these female business leaders have taken were avoidable. And that’s just plain disappointing after all we’ve worked on to move forward.

So, how can you avoid the same kind of ending?

These recent events with other women of high visibility can hurt you and your future, if you are aspiring to greater leadership and larger opportunities.

The simple answer is to get the right kind of help to check you on your ability to lead and do it well. This involves a few things.

1. Be willing to examine your own leadership.

How well do you lead yourself – your emotions and the way you manage these, as well as your decision-making, action-taking, and more. Take an assessment, and review whether you are meeting goals effectively, if you have rock-solid confidence, and if your business or company recognizes your value.

2. Be willing to ask a few trusted colleagues and mentors where you need to grow.

How well are you leading others? How do you relate, build influence, and get things done with others? Take the basal temperature by getting sound feedback so you know what to work on. If you are great talent, but you can’t communicate this to others and influence them to take action, your leadership will stall here.

3. Get the right kind of help to grow your leadership in the right places, and through the right way.

Don’t be shy, and don’t short-change yourself. This is what kills most women leaders “in the making” – not asking for help, and not investing in the right kind. You must make the investment in yourself to course-correct and camp on your abilities so that these work for you, and work extremely well. For more on this, see my special report “Coaches, Mentors, and Sponsors: The Differences and the Benefits.”

 

In thinking about your own leadership aspirations, where, in your own leadership, might you need to grow?  Join us on LinkedIn to share, and for more discussion.


Patti Cotton helps women executives optimize their effectiveness in leading self, others, and enterprises. Her areas of focus include confidence, leadership style, executive presence, effective communication, and masterful execution. With over 25 years of leadership experience, both stateside and abroad, Patti works with individuals, teams, and organizations across industries, providing executive coaching, women’s leadership development, change, and conflict management. She is also a Fortune 500 speaker. For more information on how Patti Cotton can help you and your organization, click here.

Patti Cotton

Patti Cotton reenergizes talented leaders and their teams to achieve fulfillment and extraordinary results. For more information on how Patti Cotton can help you and your organization, click here.

Fast-Tracking Your Way to the Top

November 23, 2016 By Patti Cotton Leave a Comment

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Do You Need a Mentor, Sponsor, or Coach?

You know you have what it takes to succeed, but you’d like to move a little faster to get to the top.

Getting help is the smart thing to do – but what kind of help do you need to get there?

Liz was in middle management, but she was bored with her area of responsibility and wanted more out of her career. She knew she was talented, but, although others always complimented her on her work, they didn’t seem to recognize she had more in her – at least, they didn’t say so. However, she was convinced she could contribute at higher levels, if just given the right opportunity. She also knew she could go a couple of directions in the company with her professional background and experience, and wondered which path was right for her.

One day, Liz shared all this with a couple of close colleagues.

“I’m ready for more – but no one has called me into the executive suite to say I’ve won the prize promotion. I know I can do this. How do I get the help I need to get there?”

“Get a mentor,” said Jackie. “Mentors are supposed to give you direction to help you get there, aren’t they? They can give you pointers on specific technical skills – I had one once that taught me how to better analyze financials, and that really helped the way I was able to strategize. Mentors can also put you in touch with other people in the industry to widen your networks and such. So they are a kind of career guide and connector. That has to be good for your career.”

“No, wait,” said John. “I’ve been reading about sponsors – some people call them champions. They are supposed to be better than mentors, aren’t they? If they decide you have more in you, they commit to positioning you with others in high places, and go around talking positively about you. They influence others to take a look at you, and they can volunteer you for projects that will show off what you can do. It’s kind of like the ultimate PR agent with clout.”

“Hey, I’m not sure either of you are right,” piped up Sandy. “My boss hired an executive coach who got her straight into the C-suite. They worked on the way she communicated so that she showed more confidence, instilled more trust – even sharpened her influence skills. And they worked on her decision-making, and how she led her team so that it went from mediocre- to high-performing. It really showcased her abilities.”

“Hmmm…,” said Liz. “It may be that I need all three. Let me reflect on this – stay tuned for an update, people!”

After careful thought, Liz sought out a well-known leader in the industry who happened to live in the area. She explained what she was doing, and that she needed some advice on her career path. This leader met with her, helped her to look at trends within her industry, and offered to connect her with people who could talk about career possibilities within her focus.

Liz then thought about seeking a sponsor. However, the sponsor relationship is usually initiated by the sponsor, and Liz knew she had to stand out before she asked for someone of influence to go to bat for her in the organization.

So she hired a coach. “You don’t know what you don’t know,” she thought. Her executive coach reviewed her career goals with her, and then suggested assessing how she led herself, others, and the enterprise (her area of responsibility). Together, they pinpointed some critical areas for improvement – ways of being, relating, and doing that would help her to showcase to others the exceptional talent she was. Liz and her coach worked over the next several months, and it paid off – someone higher up in the organization reached out to ask about her career goals, and to share they would like to help her get there.

Who’s in your court? And who needs to be?

For a free informational guide to help you determine your best resource for help based on where you are right now in your career, click here. 

 


Patti Cotton helps women executives optimize their effectiveness in leading self, others, and enterprises. Her areas of focus include confidence, leadership style, executive presence, effective communication, and masterful execution. With over 25 years of leadership experience, both stateside and abroad, Patti works with individuals, teams, and organizations across industries, providing executive coaching, women’s leadership development, change, and conflict management. She is also a Fortune 500 speaker. For more information on how Patti Cotton can help you and your organization, click here.

Patti Cotton

Patti Cotton reenergizes talented leaders and their teams to achieve fulfillment and extraordinary results. For more information on how Patti Cotton can help you and your organization, click here.

Why Aren’t Your Strengths Working For You?

October 12, 2016 By Patti Cotton Leave a Comment

Why Aren’t Your Strengths Working For You?

Mastering Your Inner Leader, Part III

Why aren’t your strengths working for you?

You’ve read the book. You went to the company training. You’ve taken the assessment that told you what your top strengths are. It was kind of an interesting exercise.

But knowing what your strengths are hasn’t changed a thing for you.

Unfortunately, strengths become hungry when they aren’t used. In fact, your strengths might just do you in, rather than help you out.

What do you do?

You must address the issue because, without mastering your strengths, you won’t be able to master your leadership.

In the last two weeks, we’ve talked about the importance of mastering your inner leader, or your “leadership DNA,” in order to powerfully engage with others and execute your best work (if you missed the first two steps, click here for Part I and Part II of this series).

As a reminder, your leadership DNA is the unique combination of values, themes, and strengths that you bring to the table to powerfully engage and execute your work effectively. The third step in identifying yours is to discover and integrate your unique strengths.

Why is this important? You’ve been getting your work done – and getting it done well – without paying much attention to strengths. What will being intentional about integrating yours do for you?

Here are 3 reasons why you want to pay attention to your strengths:

  1. Quality of work. Your strengths are what allow you to do your best work. Have you ever heard of the term “being in flow”? Flow is the mental state of being completely immersed in an activity. You are so into what you are doing, so energized, that you don’t realize the amount of time that has passed. This is what utilizing your top strengths can do for you. Since your strengths are the natural wiring you possess for getting your best work done, they get excited and invigorated when you use them, supporting you in energy, focus, and creativity.
  2. Positive self-identity. Your strengths are natural gifts that support your best self. How you feel about the contribution you are making to the world is very important to your self-worth and well-being. Using your strengths on a consistent basis reinforces who you are at your best and the value you bring. It’s a natural motivator to continue moving forward with purpose, because you experience feeling grounded and aligned as you show up in the world when you operate from your natural strengths.
  3. Health and well-being. Your strengths are hungry. If you don’t feed them, they get cranky. It actually takes more effort for you to work without coming from your top strengths. There are many of you reading this who operate consistently with your “non-strengths.” When you do this, you spend a dollar in personal energy to get a penny of outcome in return. Doing so can cause stress, low energy, difficulty in focusing – and over time, burnout. Meanwhile, while you are neglecting your top strengths, they grow frustrated. They beg to be used, and this plea can come disguised as irritability and overwhelm as you go about your work. Who needs that?!

So how do you identify and integrate your own strengths?

First, to identify them…  There are some respected assessments in discovering your strengths, and I have used them in my work. Whatever the assessment you choose, be sure it is reputable and tested for validity (how accurate is it in the research world?). One excellent free resource I use with clients is the VIA Strengths Survey, which allows you to discover top character strengths – strengths that are valid not only for your work, but also for the rest of your life. Character strengths mesh well with your life themes (last week’s focus) to shape how you fuel your work when you are at your best.

And now, to put your top strengths to work. Being intentional means to flex and practice, and there are several ways to do this. Here is one approach that works extremely well for the beginning stages of integration. I’d advise running through your top five strengths twice with this method to firmly increase awareness and begin to firm up your strengths approach:

  1. Selecting one strength weekly, journal who you are as leader, at your best, when you exercise this strength.
  2. Then, review your calendar’s upcoming meetings, projects, and conversations, and ask yourself how you will use this strength in the interface.
  3. Debrief each evening, and ask yourself how you did, congratulate yourself on being more intentional, ask yourself what learning you gleaned, and how you will approach the same next time.

What is your biggest question about your own strengths? Join us in the LinkedIn discussion here.

Patti Cotton

Patti Cotton reenergizes talented leaders and their teams to achieve fulfillment and extraordinary results. For more information on how Patti Cotton can help you and your organization, click here.

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