Leadership and the Challenge of “Pricing the Priceless”

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pricing the priceless

(by Paula DiPerna)

Visual ecstasy for free, in theory, is how we’ve largely thought about nature — its beauty timeless and ineffable, and all its systems there around us, stable and present and taken for granted. Aesthetically exquisite, but, unless being drawn upon as raw materials, pretty much doing nothing.

Yet, all of nature is constantly at work, providing countless daily services well beyond the obvious: flowers are lovely to look at, but they provide incalculable pollination services; standing trees can provide lumber, but also soil stability and water filtration when left alone, not to mention sequestering carbon dioxide released into the atmosphere by the burning of fossil fuels and causing climate change; coral reefs offer divers a paradise but, meanwhile, they are invaluable buffers against raging storms to protect the coasts and indispensable nurseries for fisheries. Yet, just to take the coral reef example, we book coastal property at high value, sea views inestimable, but the reefs themselves are assigned no value at all in our conventional accounting systems.

Our Failure to Financially Value Nature

Meanwhile, while nature serves us for free, climate change wrenches our balance with nature, as extremes of weather unleash forces we can neither fully predict, nor prepare for. Dryness and wildfire conditions so plague California, major insurance companies have declared they will no longer write fire insurance for homes and property there. In Florida, flood insurance is essentially impossible to obtain.

We face urgent environmental problems because of a gaping flaw in our financial systems no longer possible to ignore: failure to financially value the ineffable elements of life on which our environmental and social stability now increasingly depend. The result? Intangible indispensable natural assets taken financially for granted and, therefore, essentially laid waste.

Or in perhaps the most dramatic example of under-valuing nature, how can it make sense to value mere conveniences like Uber, nice but utterly dispensable, in billions of dollars, and our atmosphere, or the biodiversity of life on earth, utterly indispensable, at zero?

This skewed accounting has rendered nature economically invisible and the most tragically unpaid laborer in history. Because nature charges us nothing for its services, we have over-used and pushed those services to the brink.

The Paradox of Our Time

And so we must embrace the paradox of our time—pricing the priceless, by definition impossible perhaps, but nevertheless essential. How to do this—assign nature and its intangible services a tangible and economic value that can be transacted and expressed in credible financial terms? In essence this means treating nature’s services and natural resources as indispensable infrastructure and assets, thus requiring ongoing maintenance and care, compared to the current situation, where protecting nature is mostly viewed as a budgetary cost center, where expenditures should be minimized.

Calculating the value of the labor performed by nature, known as “ecosystems services,” continues to evolve but estimates have been as high as $125 trillion per year, higher than global GDP, indicating that ultimately all economic activity depends on environmental health one way or another. But this subsidy nature provides our economy remains largely unrecognized and unseen by conventional finance, thus, so does the risk that the subsidy will break down, leaving us likely startled and without the fallback of nature to which our economy is now addicted.

This spring, Susan Berresford, former President of the Ford Foundation, a visionary in philanthropy and a champion of women leaders, received an honorary degree from Bates College. In her remarks she focused on key questions of leadership, likely indeed to be critical as we confront the entwined economic and environmental challenges ahead.

First, she said, today’s leaders must know “am I comfortable being different?” Second: “Can I thrive in situations of ambiguity? There are very few reform efforts in which the pathway for decision making and action is utterly clear. You need to be ready for confusion and uncertainty; in fact you have to like confusion and uncertainty and find opportunity in those moments.” And thirdly, “Do I enjoy managing struggles with generosity? Leadership usually means you are trying to redistribute authority or power or influence.”

Flipping our economic systems so that nature is economically valued, however paradoxical, requires all these qualities, specifically, the courage to see and act anew.

Depreciation of Natural Assets​

Renowned economist, Sir Partha Dasgupta, embodies such radical re-thinking. He was commissioned by the Treasury of the UK government to examine questions of nature’s value, resulting in his landmark 2021 review, “The Economics of Biodiversity.” There, he framed today’s environmental dilemma in terms of financial portfolio management, writing, “The view that the biosphere is a mosaic of self-regenerative assets also covers its role as a sink for pollution. Acid rains damage forests; carbon emissions in the atmosphere trap heat; industrial seepage and discharge reduce water quality in streams and underground reservoirs; sulfur emissions corrode structures and harm human health, and so on. The damage inflicted on each type of asset (buildings, forests, fisheries, human health) should be interpreted as depreciation.”

Fortunately, new investment vehicles are cropping up that value and securitize the benefits of nature—such innovations as the Forest Resilience Bond, being pioneered in Lake Tahoe, California; or coral reef insurance, throughout the Meso-American reef system. Still, however, these are experiments and need to come to scale.

All trend lines indicate that indeed depreciation of our natural systems gallops ahead. Certainly climate change advances, even if in zigs and unpredictable zags, and even the best intended plans to switch to renewable fuels, electrify economies, limit deforestation, encourage recycling and cutting down “carbon footprints” lag dangerously behind.

Pricing the Priceless

Time has come for a radical flip in how we conceptualize nature and its value, and implementing this radical change is perhaps the greatest challenge facing today’s leaders across all sectors, requiring fresh optics and views of economic purpose and where best to invest capital.

An exciting opportunity is at hand for institutional and private investors to redeploy capital and financial assets away from environmental “bads” to “goods,” take on the ambiguities and question conventional financial thinking. Otherwise, we risk remaining mere bystanders to forces at work, and that’s one trajectory we simply cannot afford.

By: Paula DiPerna is the author of Pricing the Priceless: The Financial Transformation to Value the Planet, Solve the Climate Crisis, and Protect Our Most Precious Assets, published in June by Wiley and listed by the Financial Times on its roster of “Best Summer Reading: Economics.” Her novel, The Discoveries of Mrs. Christopher Columbus, published formerly in the US, Germany and Turkey, has just been published in Portugal by Group LeYa. She is a member of the Women’s Forum of New York and the Council on Foreign Relations and is a frequent public speaker. She also currently serves as Special Advisor to CDP.

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Alexandra Tyler: Managing Director, Digital Transformation Leader, Accenture Song

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Alexandra TylerRemoving my protective wall around my identity has enabled me to create deeper connections in my work and in building more meaningful relationships with my family and with my colleagues and clients,” says Alexandra Tyler. “The protective wall goes down, and it impacts everything, including being a better leader.”

Curiosity and Customer-Focused Growth

Curiosity has driven Tyler’s career. She’s come across specific job positions by asking questions. “I’ve been lucky in that I’ve been able to pave my way in making my own adventure, essentially through conversations with people about open positions they had that weren’t quite right,” she reflects, “and in which we often crafted a new position that matched the needs of the business with my expertise and interests.”

Having studied psychology, she began her career in advertising, where she learned to appreciate the power of understanding what customers want and need.

“If you understand what customers want and need at every stage of their journey and are able to fulfill those needs and desired successes, you can enable growth,” she says. “What do those customers want to achieve and how do you develop the roadmap and path to get there? That is the opportunity. That’s why I’m excited about Gen AI and other innovative capabilities to unlock and enable more insights to meet customer needs.”

Being Focused on People’s Motivations

Growing up as a daughter of first-generation immigrants and raised by a father with a disability, Tyler understood the importance of two important lessons that he imparted: in order to succeed, one must persevere and exhibit true grit. In addition, one must celebrate differences in others.

“I feel strongly about focusing on doing right by others. Ambition goes awry if you don’t have respect for individuals, and if you don’t think about what motivates them,” she notes. “I want to understand what’s important to the people with whom I work. I focus on treating individuals how I would want to be treated – including respecting their differences, talents and expertise.”

In addition to treating her colleagues and team members with mutual respect, Tyler learned the importance of inspiring them to pair their great ideas with great follow-through: “I often see people who are incredible ‘ideators’ – who come up with innovative and breakthrough ideas – but they struggle with execution,” she observes. “The devil is in the details when it comes to lighting up an idea. It takes focus, management and collaboration.”

Freeing Herself To Show Up Fully

“It took me a long time to feel comfortable as an authentic leader. Growing up in the world I grew up in, as an LGBTQ+ individual, was challenging,” she notes. Recently at a bank branch, she saw a sticker related to the LGBTQ+ community about celebrating differences. It struck her to imagine the impact that seeing that message would have made early on in her career.

“When I first started my career, I was lying by omission, often doing what LGBTQ+ people do…not using pronouns for your partner. It’s only in the last ten years that I have been comfortable enough to be honest about who I am and to bring my full self to the equation.”

What you feel you cannot say begins to grow heavy and become a burden. Tyler imagines carrying a sixty-pound barbell all those years. “When I put that burden down visually in my head, it was exceptionally freeing,” she says. “When I freed myself of that burden, opportunities in my career opened up.”

For example, at a work town hall, Tyler recently shared her personal journey and the value of bringing her full self to work. She was commended by the head of her division for showing up as her true self and was applauded for doing so, exhibiting the traits of leadership that Accenture values.

“I cannot tell you how much positive feedback I received just for being true to who I am and being vocal about it,” says Tyler. “Leaders at Accenture have been phenomenal in recognizing the power in whatever differences you bring to work and the ability to bring your full self.” And sharing her experiences of exclusion has built bridges of empathy with others who have faced challenges. LGBTQIA+ peers have approached her inspired by her authenticity and, in turn, let down their own protective walls.

Advocating and Inspiring Others

“Freeing myself up to be myself empowered me to be an advocate for others. It is important for me to pay it forward by being an advocate in my community.”

Tyler is on the Board of Be The Rainbow, an LGBTQIA+ nonprofit organization in her Long Island hometown. On their third Pride March, Tyler is excited to be opening minds and hearts to create a greater platform of equity in which all can have a voice.

In her training and at work, Tyler’s approach is comprised of experimentation and optimization. She often tests the waters, dips her toe in, tries out different messages and approaches. What she found when she ‘came out’ is that the response was much more positive than she had anticipated. She encourages others to consider who they can safely share with – a person, a group – in order to build that positivity. Tyler acknowledges that the experience of speaking one’s truth, no matter the reaction, is alone invigorating and empowering.

The Intersection of Identity and Innovation

Tyler admires that her daughter’s generation wields identity and labels quite differently. “Labels are fluid and I know that my daughter and her friends are comfortable at the same time with no labels or multiple ones: Imagine what you could do if you were not carrying the burden of the sixty-pound barbell, or invisible burden, every day?”

At Accenture, Tyler is fascinated by the intersection of innovation and identity – particularly how removing obstacles around identity frees you up to create and innovate. She considers cryptanalyst Alan Turing (played by Benedict Cumberbatch in the film The Imitation Game) who developed the ability to decode messages and the predecessor to the computer, and who was also tortured for being homosexual.

“I think about what more amazing things he could have done. He was such an innovator, even with the constraints of conversion therapy and being tortured,” she notes. “What aperture could have opened if individuals like Turing could have been safe to express their identity freely? I’m interested in that tension for any minority who is held back because of societal constraints or one they put on themselves. I’m fascinated by the intersection of how innovative you are as a thinker and the ability to free yourself up to feel comfortable to think differently.”

Why Failure Is Growth

Early on in her career, Tyler worked on developing and launching a new product that consolidated all utility bills into one billing statement. For various reasons, after two years of pretests and pilots, the project failed to launch. But her functional leader was an innovator who believed in failing often and failing fast. Instead of berating the team, he applauded the risks and innovation and threw the team a “failure party” and handed out awards. The team received their best performance reviews that year.

“I learned the importance of reinforcing that failure can actually spur innovation,” says Tyler. “I was very lucky to find leaders that encouraged failing. I know that it may sound trite but, to me, the age-old notion that failure begets growth is very true.”

As a result, Tyler encourages her teams to take calculated risks and experiment: “It’s okay to fail because you learn and those learnings bring you closer to success. Because you WILL eventually succeed. Perfection at the sake of innovation is failure in itself. You must try and also not be afraid to be curious, and that effort and curiosity are successes in themselves. ”

Tyler has two daughters, 15 and 18, a freshman in high school and college, respectively. Her wife, Beth, is a special education teacher in Queens. Recently, her oldest daughter “failed” to get into her first college choice. After the initial disappointment, she applied to an array of different schools that she would otherwise not have considered. She now feels “at home” at UNC Chapel Hill where she is thriving – an example of how failure can lead to the growth you didn’t see coming.

To be surrounded by her family and watch them grow are her greatest successes, and Tyler now embraces sharing those successes with others.

By Aimee Hansen

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How To Optimize Your Leadership Effectiveness When Working from Home

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work from homeOver the past few years, many companies have shifted their operations to a work-from-home model. While this has presented numerous challenges for managers and staff members alike, it has also created an opportunity to optimize leadership and team impact in unique ways. However, in order to do so, leaders must adapt to and overcome the unique obstacles of remote work.

According to recent YouGov statistics, women place more emphasis on the importance of job flexibility than their male colleagues. Not only do 57% of women say that flexible working hours are very important (compared to 44% of men), but almost three-quarters of female respondents (72%) said they want a flexible working location compared to just 57% of men.

When it comes to leadership roles, further research suggests that remote working arrangements give more women the opportunity to be in positions of responsibility. In fact, of the 129 remote companies surveyed, 29% had women in leadership positions (CEO, founder or president). Meanwhile, for traditional companies on the Fortune 500 list, this figure sits below 5%.

In this blog post, we will explore a variety of tips and best practices for optimizing leadership effectiveness while working from home. Whether you’re a seasoned remote worker or are still acclimatizing to the modern working world, this guide will provide valuable insights for cultivating productivity, engagement, and overall success.

Encourage constructive feedback/have individual check-ins

Among the many challenges of remote working is the potential feeling of disconnectedness between team members. When in-person meetings happen less frequently and those impromptu morning catch-ups go by the wayside, it’s harder to form meaningful professional relationships with your teammates.

While it’s incumbent upon each team member to make a concerted effort to form these bonds, ultimately the manager has a pivotal role in generating that team spirit and feeling of belonging.

There are a number of ways in which this can be accomplished, but organizing one-to-one check-ins can be a great starting point. Encourage your staff to come to these meetings with honest feedback about things the team or you as an individual could do differently to enhance their wellbeing in the workplace.

Not only do these regular meetings provide the opportunity for virtual contact, but they’re also a great way to ascertain the thoughts and feelings of the team. If they feel able to provide feedback and know that it’s going to be taken seriously, that can go a long way to helping them feel part of the bigger picture.

Balance the company’s needs with the people’s

One of the biggest battles for any business owner is striking a balance between pursuing long-term goals with the individual needs of their employees. Often, owners and managers can become preoccupied with setting KPIs and tracking metrics that the human element to the world of business can be an afterthought. Essentially, leaders need to consider how they can support staff to have a healthy split between their work and personal lives, whilst also ensuring the company continues to move forward.

For some, work and life has been easier to balance since working remotely, with the removal of commutes giving professionals some extra time back each day. For others, the expectation to always be ‘online’ and constant temptation to check back in after working hours makes it difficult to detach themselves from their professional responsibilities.

According to research, women are more likely to do informal work to promote DEI within their company. Female leaders are also more likely to support the ‘people’ side of the business, advocating for the wellbeing of their colleagues and offering support in managing their workloads and personal challenges. However, while this ‘extra-curricular’ support can be invaluable to employees, it can often lead to female professionals overburdening themselves and sacrificing their own wellbeing as a result.

As a manager, it’s important you lead by example, and set your own boundaries when it comes to working hours. You should make it clear when you can and can’t be contacted for work-related issues – consider setting your hours on your digital calendar or workplace communication platform. Not only will this provide clarity around when people can expect a response from you, but it will also hopefully encourage them to do the same, and keep a clear distinction between work and personal life.

Develop your communication skills

Strong communication is one of the most important aspects of effective leadership, but this can be more difficult to demonstrate when face-to-face conversations are no longer an option. When exclusively communicating to colleagues via online communication tools, there is more opportunity for words to be misinterpreted, which could mean they end up having a harmful effect on the team. At the same time, you want to make your presence felt as a leader, and avoid going days without having any contact with your colleagues.

To get the most out of these digital communication tools, it’s important to understand the role of different platforms. For example, you may not need to organize a virtual meeting to discuss a minor query about a piece of work. Not only is this disruptive to your colleagues’ schedules, but the message is likely to be diluted when communicated in this way. Think carefully about the appropriate times to use emails, instant messaging platforms, phone calls or video conferencing, to streamline your communication and have a more positive impact on the wider team.

By: Elizabeth Fletcher – She writes posts designed to help businesses and employees to come together and create a productive, healthy workplace. She believes that good communication and collaboration are key to a happy working life.

(The opinions and views of guest contributions are not necessarily those of theglasshammer.com).

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Graciella Dominguez: Vice President of Investment Operations, Operations and Innovations, PGIM

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Graciella Dominguez“Lean into all experiences, professionally and personally,” says Graciella Dominguez. “Find the opportunity to grow from everything you experience, channel those lessons, and then use them to do good.”

From Numbers to Relationships

Dominguez was drawn to accounting due to her love of numbers – concepts like credits and debits that felt concrete and measurable. She began working for Ernst & Young while in college, and then joined Prudential a year after graduating. After switching to a smaller firm for a few years to try out auditing, she returned to PGIM, Prudential’s global asset management firm, where she has been for 23 years.

“That brief experience in auditing really challenged me and gave me a lot of confidence in going to different places, interacting with different people and tracking with different levels,” she says. “It was pivotal for my career, but it wasn’t for me long-term, so I brought what I learned back to PGIM.”

PGIM has grown tremendously during her career, and so has she. Although Dominguez went into accounting because of a love for numbers, her work focused just as much on supporting people as she stepped into leadership.

“You really have to push yourself in areas of unexpected growth. When I started as an accountant, I didn’t realize that interacting with people and building relationships was going to be more central to my experience,” she says. “I have been able to grow my relationships, and they are so important – and rewarding – in accomplishing greater things.”

Facing the Toughest Experiences as a Mother

“What has been most pivotal in my career, and truly in my life, was when I became a mom,” says Dominguez. When it comes to the challenge of dividing your energies between work and home as a working mother, nobody understands what that means more than she does. She lost her 11 year-old son, Alexander, five years ago. Throughout her son’s life journey, Dominguez worked, mostly full-time. One of her key motivators was providing for her son and his needs.

“I think we as women have to lean into all of our experiences. For me, that included leaning into being a mom of a child with special needs. It shaped me both as a person and as a professional,” she says. “I learned from his great strength, determination and courage in his short life.”

Alexander was born medically fragile, immunocompromised, hearing impaired, legally blind and ultimately unable to walk. While parenting a child with several medical needs, Dominguez had to find her voice in advocating for what was important when it mattered most.

“Being a mom to a child with so many medical complexities gave me the confidence to speak up and say, ‘No, I don’t agree with that. I don’t agree with how you’re going to treat my son,’” she says. “And that same confidence to speak up for what I believe crossed over into my work.”

Her motherhood has also inspired her to be a more empathetic leader. “As a leader, I’m more compassionate now,” she says. “Because I understand that people have so much more going on than you see at work. You don’t know the challenges people are facing day in and day out. Everybody has a story.”

She continues, “But at the same time I also expect a lot from people, because I saw my son, who was completely disabled, and his friends who faced the same conditions, show up for school every day with a smile and ready to work. That inspired me and really shaped me. Witnessing that has given me the courage to face anything. That is how I honor his legacy to make him proud.”

Dominguez describes her son as a social butterfly with a sparkling personality and smile that shone through no matter what challenges life threw at him. Knowing him has pushed her to get out of her comfort zone – as an introverted person – and show up more with her own voice to share her story and her son’s legacy.

“I hope sharing my story can inspire people to learn how both amazing and fragile life is,” she reflects. “We all have these gifts and abilities to do good things, so never take that for granted.”

Working with Integrity as a Core Value

Being detail- and research-oriented has supported Dominguez throughout her career, as well as her principle of doing due diligence for the work and her clients. Integrity is the most important value to her – being who you are, being true to yourself and leaning into your experiences.

As such, Dominguez is inspired by leaders who show openness and truly embody their words and what they stand for. “I admire the leaders who truly act and behave from who they say they are and who show up as their authentic selves,” she says. “I respect integrity.”

When approaching any challenge, Dominguez emphasizes process – taking the necessary extra steps and knowing the why behind every decision you make. This comes to the forefront especially when bringing junior members on board – helping them learn processes in a way that helps them appreciate each step and helping them question each decision. She aims to always rise to the challenge to do the best, most complete job for the task at hand.

Using Her Voice as a Latina Woman

As the daughter of Cuban immigrants, Dominguez prizes hard work. “My family came to this country seeking freedom, and that’s not lost on me. My family left everything and sacrificed so much. Their experience instilled in me a strong work ethic,” she says. “My grandparents and my parents (who immigrated as adolescents) understood the importance of education and hard work to succeed amidst challenges, and that drives me. I want to honor their legacy, and my son’s, with how I show up in my own life.”

Dominguez appreciates working in a culture that also values high integrity and high standards, and emphasizes diversity and inclusion. She is also co-founder of the PGIM Operations & Innovation Latinx Networking group.

“Representation is really important to me as a Latina woman. Earlier in my career I used to observe women in more senior positions. I love working for a company that really values diversity of backgrounds and perspectives, and puts so much effort into their initiatives for diversity and inclusion,” she says. “It’s really important to me to use my voice and honor all the women who paved the way for me. I am also trying to pave the way for other women. I don’t take that responsibility lightly.”

For those beginning to make their mark in the professional world, whom she also learns from, she advises, “Be yourself. Hard work and integrity pay off at the end of the day. Be yourself and be open to possibilities.”

Reflecting back she says, “I wish I would have been kinder to myself as a young mom. Challenges can look so big sometimes, but you will climb them and be successful, and it’s going to be OK.”

Kindness, More Kindness, and Service

“The more I go through life, the more I realize we do not know what challenges people have every day,” reiterates Dominguez. “So above all, we need to practice kindness towards ourselves and others.”

Classically trained in piano, Dominguez has also returned to playing piano since leaving it behind in her early 20s. She is remembering how to read music again and starting out first with greatest hits.

Born and raised in New Jersey, Dominguez is passionate about volunteerism and giving back to the community. She is on the finance council and works with children at her church. In honor of Alexander’s birthday each year, Dominguez and her husband collect and donate books to Cooperman Barnabas Medical Center, the local hospital where their son spent so much of his time.

By Aimee Hansen

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Fabiola Gutierrez-Orozco: R&D Director, Global Nutrition Science, Reckitt

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Fabiola Gutierrez-Orozco“Learning is my passion. The roles I have held in industry have allowed me to do my job and learn at the same time,” says Fabiola Gutierrez-Orozco. “And it is not the same thing every day.”

Gutierrez-Orozco speaks candidly about the challenges she has overcome since leaving home at 13 to pursue her education, and the inner growth journey she is pursuing while stepping into a senior global leadership role in STEM. Coming from San Luis Potosi in Central Mexico to the U.S. to obtain a Master’s degree in Human Nutrition, Gutierrez-Orozco was drawn to nutrition science, gut health and the microbiome. One year before obtaining her PhD, she realized she didn’t want a career in academia. Upon graduation, she joined the business world, working in pediatric nutrition, which allowed her to stretch her scientific research foundation into applied nutrition and allowed her to continue to constantly learn.

Perspective and resilience have carried her to where she is today: “Earning my Master’s and Doctoral degrees wasn’t an easy road – coming from Mexico, moving to the U.S., being the first one in many generations in my family to earn a college degree, and then go onto graduate school,” she notes.

“It has been both resilience and the desire to do better not just for myself, but for my family. Initially, the reason I came to the U.S. was to improve my education so I could access better jobs and provide financial help to my family,” she shares.

Indeed, so many factors at a cultural level in Gutierrez-Orozco’s life have challenged her to create mental and emotional resilience. At 13 years old, she had to leave her parent’s house and her hometown in rural Mexico and rent an apartment in a nearby city to be able to attend high school. She then moved farther away for college before moving countries and coming to the U.S. for her Master and PhD degrees.

Cultural Challenges Beyond Her Peers

Incredibly, Gutierrez-Orozco took on a STEM graduate education whilst learning to express herself in English. “I didn’t speak English when I first came here in 2006. I had all the grammar in my head. I could write and read and understand what people said. But, while in class, if the professor asked me a question, I had the answer in my head. I just couldn’t say it.”

She also had to unlearn the need to hide that she was gay. “I had a relationship in Mexico that was in the closet because my family was raised strictly Catholic. So coming here, and trying to find my way out of that was another big change for me.”

While in grad school, Gutierrez-Orozco also perceived that she was not as primed for success as her student peers. “Honestly, growing up in public schools in Mexico, I don’t think I received the best education compared to other people in the same graduate program as me. I always felt a little behind and tried to work harder to catch up and do well.”

That same feeling followed her to the workplace, being self-conscious about other’s projections around her accent or when she comes across unfamiliar words at first exposure – “I can always find the meaning through context, but I often feel like I have to be paying extra attention to keep up.” She credits her wife and daughters, English native speakers, for being fluent now.

The Mindset Shift of Leaping To a Big Leadership Role

In April of 2022, Gutierrez-Orozco was promoted to a senior leadership role, managing a 24-person team of scientists, many with PhDs in chemistry, biochemistry or nutrition. While she’s held managerial roles since 2018, Gutierrez-Orozco has focused her growth on transitioning her mindset from that of an individual contributor to that of a global team leader.

“In my previous managerial roles, I still had at least 50% of an individual contributor role. However, in my current role, I don’t know everything anymore. I don’t have the time to read all the science that I want to read,” she says. “So I’m learning to be okay with not knowing everything and finishing my work day without seeing tangible results because so much of what I have to do now is strategic work. Losing that sense of tangible accomplishment has been a struggle.”

She’s also learned to separate her work-style preferences from what is needed to inspire a team: “I have never liked being the center of attention or the object of recognition,” she admits. “I’m really trying to remind myself that just because I don’t feel comfortable being recognized, doesn’t mean my team members don’t need, and obviously deserve, that recognition.”

Confronting Imposter Syndrome with Executive Coaching

Experiencing imposter syndrome led her to seek out help in confidence-
building and owning her worth – despite cultural messaging – through executive coaching.

“Working with Nicki Gilmour on my leadership journey has really helped me reflect on how these thoughts and the belief that ‘I am not enough’ are holding me back from growing, not just in my role but as a person and leader,” she says. “Coaching has also helped me reflect on ways in which I can leverage my background to help others that might have a similar experience. Lastly, coaching has given me the confidence and courage to move forward on my growth journey as a leader. I know I am not going to get it right at first, or all the time, but I am willing to try and learn.”

To dial down the voices of self-doubt, Gutierrez-Orozco also reminds herself why she took this role in the first place: to provide support and guidance at a time when the entire team was experiencing a significant lack of stability and optimism because her company had just gone through a wave of layoffs that impacted many people in her department. Therefore, when she begins to doubt, she can focus on the good she is doing serving her team. She also reminds herself that her work is not about perfection, but is rather about showing up every day and being there for others.

Modeling Authenticity and Vulnerability As a Leader

One way Gutierrez-Orozco has leveraged her background is by being open at work about who she is, where she grew up, and her life with her wife and family. She also shares when she struggles with anxiety and depression. The impact of her authenticity and her vulnerability has given her team members permission to be real, too, and it has strengthened the group overall, allowing them to work closely together more effectively, and therefore deliver on the company objectives.

“Inside my team, I’ve had an impact with people being willing to share what they might be struggling with and being able to express the need for support. Some have shared that it’s been such a change in the past year”, she says. “In the past, if someone was struggling and brought it up, especially a female, management would have thought that person was just being weak or whining. Or if a woman spoke up and shared her mind in a meeting – and this happened to me, too – she may have been portrayed as too emotional. However, when a man did it, it wouldn’t be looked upon that way.”

She continues: “So I feel there’s been more openness to really be who you are at the workplace. And I believe that when people can truly be themselves at work, they are more engaged, satisfied, and effective,” she says, “So that’s an impact I feel I have had in my team.”

Sharing Your Voice and Not Self-Sacrificing

Gutierrez-Orozco is grateful for the mentorship of a previous manager who brought her to Reckitt through a postdoctoral internship, instilled faith in her abilities and encouraged her to share the value of her voice in the room.

“I will never forget what he told me: ‘People are wanting to hear from you. You have so much to share, so make sure you’re speaking up,’” she recalls. “I often remember that phrase and though I don’t like to be the center of attention, I remind myself I should just speak up, anyway.”

Reflecting on her past, Gutierrez-Orozco would challenge her younger self on the notion that in order to advance in her career, she had to sacrifice important parts of her life, like spending four years away from her wife and daughters and driving ten hours in a weekly commute between cities. Now, she realizes that, even then, she had a choice. It’s about retaining perspective on what’s most important.

“In my team, we’re all scientists and we want to get things done and we want them to be perfect, so we give our best and go above and beyond,” she says. “But I always like to remind my team that the job is important, but so are your health and family. While there are times when you may have to work extra hours to meet your objectives, doing so is never sustainable in the long run.”

You Have More Options Than You Think

Gutierrez-Orozco has learned over the years that part of her success also results from choosing and investing time in hobbies that provide stimulation and relaxation. She lives with a family of runners, and she prioritizes time that allows her to participate in that activity with her wife and daughters. In the last two years, she’s also begun woodworking, and she’s already made a few pieces of furniture.

This same mentality of being aware and having choice applies to career paths. Her daughter Toby is graduating from high school this summer and plans to pursue a biochemistry degree in college, and her daughter Sasha will graduate from college next year with a degree in dental hygiene. “It is great to see their love for science. The beauty of science is that there are so many routes you can go,” she says.

Gutierrez-Orozco emphasizes to her own daughters, and to any young women interested in science, “that you don’t have to choose the whole PhD route. If you begin in science, there are so many options you will have on how to apply that, so don’t feel like you must have everything figured out from the start.”

As she’s learned, there is always more than one choice in any situation – if you only free yourself to make it.

By Aimee Hansen 

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Four Reasons Leaders Need to Look After their Well-being

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leadership and well-beingLeaders tend to feel more pressure than most to work long hours and sacrifice their well-being. For some, this is in hopes of inspiring team members to work hard, and for others, it’s simply due to a desire to reach and exceed goals.

Many professional women often feel additional pressure to prove themselves hardworking, especially when leading in male-dominated industries. However, problems can arise when we overwork ourselves so much that our well-being suffers and the ability to lead effectively diminishes with it.

Here are four important reasons leaders need to protect, not sacrifice, their well-being.

Rest is essential for protecting mental and physical well-being

Good quality sleep is essential for maintaining physical and mental health. Sleep deprivation can inhibit cognitive function, meaning that you can’t perform at your best when you’re tired. Plus, chronic sleep deprivation can lead to depression, anxiety, and stress, all of which can affect work.

Stress is both a cause and symptom of poor sleep, so it’s common to become stuck in a cycle of stress leading to insomnia, leading to further stress, and so on. This cycle can only be stopped when you consciously adopt a healthy sleep hygiene routine and incorporate positive stress management tactics into your day.

Work is a leading cause of stress and subsequent sleep problems, with around 80% of workers in the USA experiencing work-related stress. Those in leadership positions are particularly susceptible to excess stress because they carry more responsibility and are ultimately accountable for their team’s work.

Make sure you put firm limits on your working hours and avoid working late into the night to give yourself time to switch off from work. Many leaders find it helpful to gently unwind before bed by doing gentle exercise, meditating, journaling, taking a bath or reading a book. Going to bed and waking up at the same time each day can also help your body find its natural sleep rhythm, meaning you’ll find it easier to fall asleep.

Self-care habits can support productive routines

When you schedule self-care habits into your daily routine, you’re likely to become more productive overall. Our minds can become overwhelmed with lists, tasks, and issues, which may make us reluctant to make time to exercise, indulge in a creative hobby, or prepare a healthy meal.

However, it’s important to take regular breaks from work and allow yourself the time to write down all your to-do’s, make a plan, and take a moment to breathe. Prioritizing self-care is essential for alleviating stress, and when you schedule specific self-care activities in your breaks, you’re less likely to skip them.

Many self-care habits help you to refresh your mind and return to work with greater focus. For example, art and craft activities boost dopamine levels, which aids the creation of neurons in order to promote focus and aid productivity. It might sound counterintuitive, but working less could help you to achieve more if you replace work with activities that nourish your well-being.

Protecting well-being prevents burnout

Burnout is a state of physical and emotional exhaustion that occurs after a long period of chronic stress. It affects focus and productivity, and it tends to generate an uncharacteristic sense of apathy toward work. When someone feels burned out, they can’t function professionally to their full capacity. If they continue to push themselves at work despite experiencing burnout, they run the risk of developing depression or anxiety.

Burnout seems to affect women more than men, especially for those in managerial and leadership positions. A 2021 study found that 49% of women in senior leadership roles reported feeling burned out, as opposed to only 38% of men in similar jobs. This means it’s particularly important for professional women to protect their well-being and create clear boundaries between their work and their personal lives.

Modeling healthy habits inspires team members

A workforce with good physical and mental well-being is likely to be more productive and require fewer sick days than a workforce that is stressed and physically unhealthy. As a leader, it’s your job to support your employees’ well-being to ensure your team operates to its full potential. By prioritizing your self-care, you can lead by example and encourage your team members to look after themselves, too.

Good leaders inspire their teams, and although it’s important to inspire hard work, there’s a fine line between hard work and overwork. If a leader works incredibly long hours with few breaks, their team members might feel pressure to do the same – despite the damage, this can do to their mental health and well-being.

When you encourage a healthy work-life balance and create a culture of self-care in your workplace, you help your team feel inspired to look after their own health, making them more able to perform at their best.

Prioritize your wellbeing to become a better leader

When you take care of your physical and emotional well-being, not only do you protect your ability to lead successfully but you also become a better, more effective leader. Make sure you get plenty of rest and stack up your healthy self-care habits to lead your team to great heights of success.

By: Lucy Ranger is a business development executive who has acquired more than 15 years of experience in the industry. Away from her remote office, Lucy is passionate about sustainability, and regularly volunteers in her local community to help with various clean-up projects and initiatives.

(The opinions and views of guest contributions are not necessarily those of theglasshammer.com).

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