Do you really need an Executive Coach?

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Do you really need an Executive Coach?

Image via Shutterstock

Are you getting the right amount of feedback? Do you have a career navigation plan? Do you know your levels of emotional intelligence? Do your values and how you want to live your life match up with your job demands? Are you stuck in the same old job? If you answer any of these questions with a no, then you should consider a coach.

There are many types of coaches and fit is everything so make sure you have an exploratory chat first. I would also say that there is a wide range of competency out there and many people just become coaches as they think they have “been there”, so perhaps review robustly what credentials and experience your potential coach has.

I used to be really cynical about Executive coaches until five years ago. I thought coaching was for “issue” employees or for resolving personality clashes between high performers and bosses. What I have come to realize ( and have become a coach myself with increased commitment to the highest levels of practice, learning and certification) is that coaching is life changing for many reasons and in my opinion the fastest way to empower women and all people on their professional advancement journey. Simply put, the right coach can do the following- help you understand yourself better ( personality) and what you want and then can help you understand all of this in the context of helping you to understand your behaviors. Does what you say you want, match what you are actually doing?

Organizational Psychology has taught me that those very behaviors that make or break any of us are interestingly caused in part by the environment we work in. The team and company “norms” and culture have a bigger role to play than perhaps any of us gives credit for. Understanding how to spot implicit norms with your coach and naming your triggers to some of your habits on a tough day at work is life enhancing.

Believe me, it is not just about the Myers Briggs or any other tool that tells you about yourself. You have to look at the big picture and the personalities in the game. Who gets to be in charge, who gets rewarded and what gets rewarded at your workplace? What gets tolerated? How do we do work around here?

So, if you are looking to go further and be happier, then consider an executive coach. It is hard to recognize you need one until you have one. I was the same way and I had an executive coach very early in my career and I still did not believe in the power of them – why? I had the wrong coach and the reasons that the company gave me the coach was conflict resolution based without involving the person who was in the conflict. Any good piece of psychology reading with tell you, or as your grandma would say, “ It takes two to tango” so no wonder coaching has a mixed reputation out there in the world.

For me, having a coach, helps me refine my thoughts and speak out loud about the realities of my strategies, and the truths about my hopes and dreams. For others, I provide an academic approach to sort out the next steps in their professional life and help with linear progression if that is what they want and if they don’t then we figure that out too. Good coaching keep you honest. Try it, and like everything in life, if you don’t find it useful then that is ok too!

If you are interested in hiring an executive coach then please email nicki@theglasshammer.com and she will be happy to discuss your needs further.

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Can Being Slightly Narcissist Help You Become a Leader?

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female leaderIn the past couple of years, there has been great emphasis on women being more confident in order to become more leaderlike so that they can be promoted to leadership positions. The ugly side of having confidence is being overly entitled and having narcissist tendencies, and this is something that is rarely discussed while looking at leaders of both genders. Are you or is your boss a narcissist?

It turns out that in general men are more narcissistic than women, according to a meta-analysis of 475,000 participants across three decades, which generated headlines running the gamut from The Huffington Post to Science Daily to The Daily Mail, and it did. As The Washington Post responded, “This surprises no one.”

But this isn’t about a battle of the sexes. With findings in hand, researcher Emily Grijalva, PhD, from the University of Buffalo School of Management and her co-authors crack open bigger questions about how our culture shapes people, shapes leadership, shapes outcomes. And how gender-disparate outcomes – playing out in your office and perhaps your career – reinforce the gender stereotypes creating them.

What makes you a narcissist?

The study that was published in the journal Psychological Bulletin, examined over 350 journal articles, dissertations, manuscripts and technical manuals and analysed gender differences in three facets of narcissism across nearly half a million people and age groups. The researchers examined responses to statements designed to identify individual levels of each of these three aspects.

  • Entitlement/Exploitation (E/E) is the most maladaptive facet, correlated with negative behaviors and outcomes such as aggression and manipulation.
  • Illustrative questions: “I insist upon getting the respect that is due to me” and “I find it easy to manipulate people.”
  • Leadership/authority (L/A) – is the most adapative facet and reflects motivation for authority and desire for power.
  • Illustrative questions: “I would prefer to be a leader” and, “I like having authority over people.”
  • Grandiosity/Exhibitionism (G/E) – is tendencies of vanity, self-absorption, exhibitionism, and superiority.
  • Illustrative questions: “I really like to be the center of attention” and “I know that I am good because everybody keeps telling me so.”

Grijalva notes that because narcissism is associated with outcomes, examining gender differences in narcissism may help to explain gender disparity when it comes to women in leadership positions in Corporate America.

A little bit of Narcissism can help you in your career

“I think it’s best characterized by a grandiose sense of self-importance, believing you are more important and special than other people and being less empathetic to others,” author Grijalva says of narcissism in a video interview.

While it would be widely agreed that narcissism is not an attractive aspect of the human condition – cross-cultural fables after all tend to emphasize the perils- it still nets some positive individual outcomes.In fact, healthy or adaptive narcissism – the right aspects in the “right degree” – relate to positive well-being, confidence, self-sufficiency and even parenting.

“Narcissism is associated with various interpersonal dysfunctions, including an inability to maintain healthy long-term relationships, unethical behavior and aggression,” said author Grijalva.

“At the same time, narcissism is shown to boost self-esteem, emotional stability and the tendency to emerge as a leader.” She also points out that it’s associated with making a strong first impression and being perceived as charismatic.

The study found that men, across generations and regardless of age, consistently scored measurably higher than women in the first two categories of narcissism.

The widest gender gap was in the maladaptive facet of entitlement and exploitation.

According to the researchers,on average men, but of course not every man, are more likely to feel entitled to special privileges and be willing to exploit others to advance self-interest.

This is interesting since research has demonstrated that one impact of having women present on corporate boards is higher ethical and social compliance.

The second largest gap was in leadership and authority, where the researchers assert men demonstrated greater assertiveness and desire for power (for its sake) than women.

But when it came to grandiosity and exhibitionism, or traits like vanity and self-absorption, there was no gap between genders.

Messaging from a young age and the impact on stereotypes

Pulling on previous research, the study speculates the narcissism gap may be reflective of both biological and social differences, ingrained and self-fulfilling gender stereotypes. This means narcissism could be encouraged and developed in males, or punished and suppressed in females, through gender conditioning.

The researchers suggest societal “agentic” definitions of masculinity overlap with narcissism and societal “communal” definitions of femininity exclude it.

“Individuals tend to observe and learn gender roles from a young age, and may face backlash for deviating from society’s expectations,” Grijalva says. “In particular, women often receive harsh criticism for being aggressive or authoritative, which creates pressure for women, more so than for men, to suppress displays of narcissistic behavior.”

The researchers suggest it’s more socially acceptable for men to display “agentic characteristics” such as dominance and assertiveness, which reinforces more narcissistic personality tendencies, and also means they emerge as leaders.

This gender-disparate outcome self-perpetuates: men keep emerging as leaders, leadership traits continue to be male-associated, and more women continue to suppress their “agentic” sides to conform to gender expectations and avoid cultural backlash.

Society keeps looking at its face in the mirror, and seeing the same reflection.

Interestingly, the study also looked at college students from 1990-2013 and found no evidence that neither men nor women had become more or less narcissistic with time, letting the Millennial generation off the hook in this particular study- despite the rise in “selfies”.

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How Speaking Out Can Help Release Pressure

Women Speaking
As Thomas Carlyle once said, “No pressure, no diamonds.”

Indeed, pressure plays a vital role in life. It serves as an obstacle, a challenge that forces each one of us to improve, develop, and grow.

However, when you let pressure pile up unchecked and unanswered, it will cease being a challenge and start being a real problem that will inevitably take its toll on your body and mind.

Work is one of the many pressure-riddled aspects in a woman’s life. Uncooperative colleagues, office politics, supplier mixups, and clients that are difficult to deal with are just some of the common problems they usually face at work.

When you let these pressure build up at work, it will lead to performance issues and productivity slumps that will significantly hurt your chances at going up the corporate ladder or even worse, ruin your career.

It’s Time To Take Charge

Stop letting work pressure push you around. Most of the time, the cause of work pressure can be effectively handled at the onset by speaking out. Read on and find out six benefits of speaking out that can help release pressure at work and even discover ways to fast track your career:

Clear Communication is Essential at Work

From fostering great relationship with family and friends to dealing with coworkers and clients, clear communication is essential. It removes ambiguity and makes sure everyone is on the same page.

Speaking out imposes clear communication. It allows everyone to learn of your intent, issues, and suggestions clearly, which can lead to better resolutions or a great outcome. This is critical especially at work since a smooth-flowing operation heavily relies on details.

To avoid pressure due to work-related mistakes and misunderstandings, don’t deprive yourself of the opportunity to speak up.

Better Working Relationships

Sometimes, speaking out may mean you’re speaking for somebody else. Not everyone has the heart to speak out in fear of indirect backlash or being deemed brash and forceful by the people at the office. By speaking out, you’re effectively fostering a better work relationship with your colleagues. After all, friends make work a lot easier.

Some of the benefits of speaking out is how it injects a dose of confidence in your peers who are unable or unwilling to speak out for themselves. By being vocal about your thoughts, you’re subtly encouraging your work mates to speak out for themselves. The people at the office will eventually thank you, and love you, for it.

Great friendship and working relationship will help in reducing pressure in a significant way.

Respecting Yourself

Speaking out means you’re setting clear boundaries on what’s best for you, your career, and your health. Being honest is a great way to reassure yourself of the self-respect you deserve.

Remember, you can only handle so much. By speaking out and being honest about it, you’re boosting your self image, helping your career grow, and keeping your health from sliding down. Even better, speaking out makes people respect you. It’s one of the great benefits of communication at work. A person who knows his abilities, limitations and knows how to assert himself is a person that will be admired and respected by everybody.

Speaking out saves you from a self-imposed pressure brought by being silent.

Silence May Means ‘Yes’

Failing to speak up may lead to manipulative bosses and opportunistic colleagues who are assuming that you’re agreeing to what could be unreasonable demands and demeaning proposals.

By keeping your mouth shut, you’re allowing these people to have their way without any semblance of resistance, which may lead to them repeating their behavior over and over until your body can’t keep up anymore and your career suffers.

Speaking up puts a stop on their untoward work behavior and release pressure at work.

Show Passion and Concern

Speaking shows your passion and concern towards work. Speaking out shows that you care enough to voice out your thoughts on the matter at hand.

People who appreciate passion isn’t confined inside the four corners of the office, passion gets the attention of senior executives.

Passion speaks volumes, it shows in your actions and it resonates among colleagues. It motivates them.

Speaking up brings out this dormant passion out.

A big bonus: communicating clearly for faster promotion is definitely a great idea. Getting promoted will essentially handle most of your finance-related pressure as well. A win-win for you and your workplace.

Keep Everyone Informed

There are a lot of unnoticed work issues that requires a person empathic enough to speak out and alert everybody of the problem before it goes out of hand.

This maybe a faulty machine, an operations loophole, or ill-will among colleagues. By refusing to speak out, you’re effectively letting this problem continue until it becomes a costly and difficult situation to handle. Turning a blind eye will only incur grudge from people and might treat you like you’re the one who instigated the problem in the first place.

This kind of pressure is avoidable and something you don’t deserve.

Put an End to Work-related Pressure Once and For All
Most of the problems at work can be attributed to poor communication. By speaking out, you’re reducing pressure at work that can gnaw and haunt your career if you left it unaddressed. One of the benefits of communication at work is that it eases up the work process and keeps everyone on good terms at the same time. Keeping this up means you’re keeping the pressure down.

Considering that half of our lives will be spent at work and with workmates, it’s necessary that you deal with work-related problems and find ways to release pressure at work as soon as you can.

Speak out.

Let your voice be heard.

Let your intentions be known.

That’s how you achieve clear and effective communication.

That’s how you can release pressure.

Guest contributed by Jona Jones

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Leadership: How to be authentic at work and why sincerity can hinder that

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thought-leadershipBy Nicki Gilmour, Executive Coach and Organizational Pyschologist

The trouble with “authenticity” in the workplace is that there are many definitions of what being authentic is and in reality we are often defined by the role we play. There are two types of roles and the first and most tangible is the task role we have at work, literally the duties we have to deploy to get paid. The second type of role is deeper and more or less mandated formally. It is the psychological role we are given or that we take up willingly due to gender stereotypes. Look around your office, who buys the birthday cards? (the person who plays the office “mom” or “wife” usually is a woman and often works in HR). Who gets given the important tasks etc? I have written many times about the fact that by default and in aggregate men are given the mantle of being viewed leader-like (these are men as a concept not actual individual men that we know,I may add). If there are 8 major traits to being a leader such as competence and productivity, then why do we assume that straight white men just automatically have them?

Since this post is part two of me telling you to read Herminia Ibarra’s book “ Act Like A Leader, Think Like a Leader”, let us look at how you can show up authentically but strike the right balance of being authoritative when needed with the right amount of gravitas whilst still being seen as human.

So, How do you show up as when you are supposedly just being you? Stanford psychologist, Hazel Markus showed that people’s identities are based just as much on future possibilities as they are on formative past and present states. Why does sincerity matter? And when is too much sincerity a bad thing? When you can not possibly do everything you say you will and still be productive or when you have to disclose every detail of the business plan leaving no room for executive flexibility and reducing our credibility in the process.

I have taught courses on being authentic as it pertains to being in alignment with your values and purpose. This too is something that Herminia Ibarra comments is open to then providing a free range of behaviors that allows for flexibility and adaptability. This is optimal as it allows us to have emotional intelligence (EQ), to be chameleon like when we need to but without losing ourselves.

Sounds good, right? Without this ‘reading the room’ piece all of us are totally at the mercy of our personalities which are fairly fixed and intrinsic. I am a believer in Lewin’s theory- that our behaviors are a product of the perfect storm of our personality and our environment that we operated in. So, on those bad ‘back against the wall’ days at work, we have to be able to modulate our reactions and the most eccentric, confrontational and bold amongst us will suffer in most teams far more than the passive aggressive folks as that sadly is totally normal in many corporate cultures today.

When I was at Columbia university studying the topic of leadership, the faculty repeated time and time again that it is really important if you are a leader to have followers and without them you are just a person who has your name on the corner office. Even if you are not yet at the corner office the same rings true. So, “Fake it til you make it” as the popular saying goes, but “make sure you make it” is the part I feel needs to be added.

You can do it!!

If you are interested in hiring an executive coach to help you navigate your career then please contact nicki@theglasshammer.com who will be happy to discuss things further

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Why Being a Working Mom is Good for Your Children, Not to Mention Gender Equality

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Working motherAt work, or on your way? You may be helping your daughter’s professional future (and we’re not just talking college fund) or improving gender equality in your son’s future household.

As part of their new Gender Initiative, which seeks to “change the conversation around gender and work”, Harvard Business School released a study of over 30,000 adults across 24 countries which explored how having a working mother as a child affects educational, economic, and social outcomes as an adult. A working mother was defined as a mom that ever worked (part-time, full-time, etc) outside of the house before her child (the survey participant) was 14 years old.

Across the 24 countries, daughters of working mothers grew up to be more likely to have completed more years of education, to be employed, to be in supervisory roles, and earn higher incomes than daughters of non-working mothers. Sons of working mothers grew up to spend more time on household chores and taking care of family members than sons of non-working mothers.

Particularly, daughters of working moms in the USA have half a year more education, are 36% more likely to have a supervisory role (33.4% v 24.6%), and earn 23% more ($35.5K vs $28.9K average) than daughters of non-working moms. Sons of working moms spent 7 more hours caring for family members and 15 minutes more housework compared to sons of non-working moms.

According to lead researcher Dr. Kathleen McGinn, “This is as close to a silver bullet as you can find in terms of helping reduce gender inequalities, both in the workplace and at home.”

The Impact of Alternative Parental Role Models

Exposure to role models is critical for women in the workplace, in order to be able to envision yourself in a role which otherwise might not seem accessible. The working mom effect also comes down to alternative role modeling, the opening of possibilities around roles and responsibilities.

The researchers were not concerned about the nature or intensity of a working mom’s work, whether it was full-time or part-time, but rather simply how it played out when children were exposed to “a role model who showed you that women work both inside and outside the home.”

According to McGinn, “What it’s about is modeling alternatives for your children, letting them see that there are multiple roles that women can play and multiple roles that men can play in their lives at work and lives at home.” As the study showed, experiencing alternative role models that “aren’t constrained by really tight gender stereotypes” had different impacts for daughters and sons.

“What daughters of working moms see is that it’s okay to go to work, it’s completely normal, that’s something that women do,” said McGinn. “Sons see something really different and that is everybody has to pitch in here. There’s no good way to maintain a management of a life outside of the home and a life at home unless everybody at home is working together.” Previous research has shown that sons of working moms are also more likely to be married to working women.

McGinn told the Washington Post, “…working moms are affecting their children’s gender attitudes. They’re affecting the way they think about what’s appropriate behavior. And those gender attitudes in turn are affecting outcomes.”

Underlining the point, she says, “There are very few things, that we know of, that have such a clear effect on gender inequality as being raised by a working mother.”

No One Path For Parenting

According to McGinn, “There’s very, very little research suggesting that being raised by a working mom is bad for kids. I think that’s something we harbor.” It appears we do, and it’s exactly these notions that the research hopes to dispel.

A previous Pew survey found that while 34% of working moms felt increasing numbers of working moms were good for society, an equal 34% felt it was bad, and a further 31% felt neutral about it.When you look at the total population, negativity towards working moms gets stronger (41%), showing the influence of a strong societal belief. But when asking all adults this question, respondents with a working mom were less negative than those without.

Mothers who work full-time are also likely to be hardest on themselves when rating their own parenting, only 28% rating themselves as a 9/10 (about same as dads at 26%) versus 41% of part-time workings moms and 43% of non-working moms.

As Gender Initiative director Robin Ely points out, “So much of what people think they know about gender is simply not substantiated by empirical evidence but instead is informed by gender stereotypes.” The objective of the initiative is to break the conversation from the stereotypes.

In the HBS study, working mothers actually spent equal time caring for their children.A meta-analysis has shown that children of working mothers have less depression and anxiety and recent research found that quantity of time with children between ages 3 and 11 matters less than the quality of your presence when you’re with your children.

McGinn is quick to point out that this doesn’t mean moms should work, just that there are benefits to alternative role modeling which go against societal preconceptions.

“There’s a lot of parental guilt about having both parents working outside the home,” McGinn says. “But what this research says to us is that not only are you helping your family economically—and helping yourself professionally and emotionally if you have a job you love—but you’re also helping your kids. So I think for both mothers and for fathers, working both inside and outside the home gives your kids a signal that contributions at home and at work are equally valuable, for both men and women. In short, it’s good for your kids.”

Ultimately, it’s up to every family and every woman to make their own decisions about what is right for them and not based on societal ideas of what’s right for all families, all women, or all children.

No such “right” exists.

By Aimee Hansen

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Leadership – How to develop yourself to be the leader you need and want to be | Part one

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female leaderBy Nicki Gilmour, Executive Coach and Organizational Pyschologist

One of my favorite books on leadership and women at work generally is called “Act Like A Leader, Think Like a Leader” written by one of my most admired academics, Herminia Ibarra from INSEAD. Why I like her book so much is that it is practical yet deeply rooted in a subject her and I both have passion for. What is that? Organizational learning and leadership development work.

In fact, one of her sub chapters in the book on how to be a great leader is called,”Steal Like An Artist”. She states that nothing is original and we have to stand on the shoulders of giants to keep evolved concepts and ideas. True to that, the book itself encompasses many of the best theories from other top academics so you get to read it all on one place as well as read Herminia’s insights which I think are top notch. So since imitation is the sincerest form of flattery, I am going to endorse and share with you over the next two weeks in this column what Ms. Ibarra has to say on being more of a leader, being authentic as a leader and finally ensuring you want to be one.

Let’s start with looking at a self-assessment from her book – do you want to step up? Are you in a career building period? Or a career maintenance or a even a career transitioning period? Note: people come to me to be coached in any of these three stages.

Answer the questions with a yes or a no.

Have you been in the same job or career path for at least seven years?
Do you find yourself restless professionally?
Do you find your job more draining than energizing?
Do you resent not having more time for outside interests or family?
Do you have a changing family configuration that will allow you to explore other options?
Are you admiring folks around you who are making big changes?
Has your work lost some meaning for you?
Do you find that your career ambitions are changing?
Recent events have left me appraising what I really want?
Do you find your enthusiam has waned for your work projects?

If you answered yes to 6-10 statements then you could already be deeply in a career-transitioning period. Make time to reflect on your goals and see if your life goals are evolving also.

If you answered yes 3-5 times then you may be entering a career-transitioning period. Work to increase insights and “outsights” which are new horizons that appear from doing new things and meeting new people.

If you got 2 or less yeses then you are more likely to be in a career-building period in your current job so you are busy working on developing within that role, team or firm.

Ultimately, people often go for bigger jobs when they feel the excitement wane, so if that’s the case, let’s see how we can help you get what you want at work!

If you are interested in hiring an executive coach to help you navigate your career the contact nicki@theglasshammer.com for a no obligation chat.

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Spotlight on Asia: Gender Diversity is Both Catching Up and Leading

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By Aimee Hansen

During the month of August, The Glass Hammer will be focusing on Asia, featuring profiles of senior level women who are showing up to challenge the gender gap in Asia with their own journeys to leadership.

Here, we take a wider look at gender dynamics in business in Asia, where the picture painted is both paradox and progress. When it comes to women representation in business leadership, Asia is at once behind and ahead. For all the societal factors holding women back, marketplace and cultural dynamics are also pulling women into leadership and the C-Suite.

Behind in The Boardroom

A recent Korn Ferry Diversity Scorecard study tracked board composition in the largest 100 publicly listed companies in ten Asia Pacific economies, and found that on average 10.2% of board members in Asia Pacific are women (9.2% if exclude Australia), compared to the United Kingdom (26.1%), the European Union (20.8%) and the United States (18.7%).

All-male boards in Asia Pacific decreased significantly from 53.2% (2012) to 39.0% (2014), but it will take ten years of growth at current pace to be on par with benchmark Western economies.

From the perspective of boardroom representation, Asia is behind, and gender gaps are often costly. The World Economic Forum has reported that failing to rectify the gender gap in the workforce costs Asia $42 to $47 billion a year.

On the other hand, bringing women into the boardroom is financially advantageous. The Korn Ferry study found that Asia Pacific companies with at least 10% female board members delivered a return on equity (ROE) of 14.9% compared to 12.6% for those with fewer or none.

When it comes to boardroom gaps, the gap is often attributed to a limited supply of top level candidates related to inequality in access to education (eg. rural China), lower wages, infant survival rates, and sweeping societal disadvantages for girls and women. According to female leaders in China, this includes being seen as the sole caretakers and the deeply ingrained belief in the Asia psyche that women are used to “taking instructions,” especially in countries like Japan.

Korn Ferry’s report stated, “Beyond the statistical gap, we also observed that Asian boards seem to adopt a more systemic and collective ‘blindness’ to the value of diversity based on a more traditional patriarchal approach. Without a fundamental change in attitude, the diversity agenda will continue to be hampered and discourage qualified women at the leadership and board level.”

Leading at Executive Level

Here’s the paradox. When it comes to executive leadership, the picture reverses, and female representation is ahead in many countries in Asia.

A 2014 global study by Grant Thornton showed that the proportion of women in senior management was much greater in China (38%) and Indonesia (41%) as well as Southeast Asia, than in the US (22%) and European markets like the UK (20%) and Germany (14%).

According to Fortune, “though 126 of the top 300 companies in China lacked female board members (42%), only 31 of those companies lacked a female senior executive (10.3%)” in early 2015.

An IRC study found that as a percentage of total CEOS, Asia and Australia have more women CEOs (11.8%) than Europe and Americas (7.8%), and one study has shown that China has a greater proportion of female CEOS than the US. China has the most female self-made billionaires in the world. Looking at China alone, boardroom representation is 12.9%.

Women are not represented at executive level in all countries or business areas. For example, India has only 14% women executives, and Japan has only 9% (as well as only 3.3% boardroom representation).

When it comes to finance, Oliver Wyman found that 13% of execs and 14% of board members in finance are women in Asia, compared to 21% and 23% respectively in North America, and 16% and 24% in Europe.

But there is an increasing women executive presence in Asia. Even when the boardroom is considered, the recent two year momentum in getting at least one women on boards is impressive when compared to pithy gender diversity advancement on boards in the US.

Momentum towards Leadership

Many factors are allowing women to advance into management in Asia.

In Southeast Asia, 35% of senior executive positions are held by women. The Grant Thornton report states that free, in-built childcare as a result of tight-knit family units is partly responsible.

In China, radical urbanization and increased opportunities to further education have empowered women, while the defunct one-child policy has encouraged access to education for girls and entry into the workforce. The ratio of females to males in tertiary education is now at a 111 index in China and 107 in East Asia.

One of the most powerful factors in women’s advancement is rapid economic development of the private sector.

A study out of the Chinese University of Hong Kong Business found a direct correlation between emerging private companies and increasing recruitment of women and hiring women as CEOs.

During a nine year tracking period from 2000-2008, the researchers found that women CEO participation rose from 4% to over 8% in the private sector, increasing over time and at a faster rate, while remaining flat in state-controlled firms.

The researchers compared the marketplace to government initiatives in driving change: “Studies have shown that competitive forces are generally more effective in bringing women managers into companies, because market mechanisms may be better at identifying and rewarding strong performers. When you face competition, you have to remove bias and focus more on bottom-line issues.”

The researchers speculated that competition may be driving a more gender-neutral approach to top management, making traditional networks less relevant and leadership skills more appreciated in private firms.

“As the Chinese economy becomes more balanced in terms of state-owned and private firms, and as state-owned enterprise reforms deepen, more and more female business leaders are likely to emerge,” stated the researchers.

Looking Ahead

With a wider pool of women in executive roles in Asia, it seems the case that boards lack top-level talent to choose from has an expiration date.

The underlying psyche of inequality will need to catch up with a changing reality in Asia, and boards will need to mix up their selection process.

While the market and changing cultural dynamics may be putting women into leadership, the next step are seats in the boardroom, while more fundamental inequalities still seek to be addressed in many regions including rural China and countries like India and Japan.

But changes are happening. Increased boardroom representation in Australia, India, and Malaysia were aided by government initiatives, while pressure in Japan has been increasing the presence of female directors.

According to the FT, some prestigious business schools in Hong Kong and China are looking at how to move advanced education from gender blind to gender sensitive, exploring options such as early-career masters programs that gain more female enrollment. Research shows that 72% of women graduates in China hope to become C-level executives.

Over the next few years, we stand to witness a fascinating phenomenon in gender equality where Asia is both catching up…and leading.

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Can You See A Promotional Path At Work? Leaving To Go Up The Ladder

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Woman-on-a-ladder-searchingBy Nicki Gilmour, Executive Coach and Organizational Psychologist

This summer we have talked about the scenarios that tend to create catalysts for talented people to seek out career coaches to help them navigate the promotional pathway which sometimes means leaving your current team or firm.

When I am coaching, I often hear that my client does not see a clear promotional path and this can be due to many elements but it always involves politics and people.

Sometimes the lack of vision to what the next internal move is is simply due to rigid corporate structures and a perceived lack of places to be promoted into. The old adages “Dead Men’s Shoes” or “Not enough pie to go around” are often mentioned here. Sometimes that is true, but sometimes you need to realize that space will be made for the “right” people. (* the phrase right people could be a whole article in itself, but that is for another day later this summer on unconscious bias, keep reading this column.)

In other instances, what companies sometimes do not grasp is that ambition does vary person to person but having systemic grind due to bad organizational development creates a pebble in everyone’ shoes that simply de-motivates even the most focused players over time. Can this be addressed? Yes. Is it usually addressed in firms? No. Sadly, due to the slightly invisible nature of company and team culture, the average manager cannot start to solve these issues.

Sometimes wanting to leave is about an individual manager or team member, but proper organizational development work can eliminate many of the bad behaviors that can be practiced by less than desirable coworkers. Bad behaviors appear when survivalism is the culture so some of these same folks might be quite nice colleagues in a different environment. Lewin’s theory suggests that behavior is a function of personality PLUS environment, or in other words, the perfect storm can occur in any firm for hellish behaviors to become commonplace.

Either way, it really is about leaving to get a promotion and work in a better culture.

Culture is “how we do things around here” and that is why we coach here at the glasshammer as we think we have the secret weapon for our coachees- we focus on you the individual but we understand the organizational structures and cultural markers so that we can help you pick the right firm and the right opportunity as your next promotion is everything! Call us for 8 sessions (over 18 months) for an introductory price of $2500 and watch your career take off.

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Gender diversity – lessons from the UK boardroom for 2016

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BoardRoomBy Nneka Orji

A mere five years ago in early 2011, few of us would have looked to the UK Public Limited Company’s boardrooms as beacons of gender diversity. Female representation in FTSE 100 boardrooms was just 12.5% and although many leaders in business and politics acknowledged that something had to be done, it was not clear what or how. Five years on now in 2016 women now fill 26% of FTSE 100 board roles – just over double their representation when the Davies Review (Women on boards) was launched. If we didn’t know before, we certainly now have a better idea about what it takes to turn the dial on this opportunity.

The Davies Review proved a successful catalyst for gender diversity in UK boardrooms; with a clear target and public commitment from senior leaders to achieve at least 25% representation over the course of five years, board directors were incentivised to proactively address unconscious bias in board selection and nomination processes among a number of other obstacles female leaders face on their journey to the boardroom.

Yes there has been progress – which we should be proud of – but it’s by no means time to congratulate ourselves. While a number of organisations now have female representation of 25% or more on their boards, some industries have a way to go. As identified by the New Financial’s most recent report, UK-regulated financial services companies have more work to do – both in the boardroom where women fill 23% of roles and in executive committees where they fill only 14% of leadership roles.

The Davies review focused on listed organisations, with the aim for other non-listed organisations to adopt the recommendations, so it is no surprise that more progress has been made by UK-listed companies. Unlike the boards of listed companies, only 14% of board positions of privately held financial services companies are filled by female board directors. For those still not convinced by the widely discussed benefits by advocates of gender diversity, why not consider what board directors have experienced as a result of enhanced diversity?

Chairs and board members say this isn’t just a nice-to-have; they continue to see the value of more diverse boards in the richness of board discussions particularly when it comes to making critical decisions, and they are less likely to be hit by scandals. In the current business landscape with increasing scrutiny of boards and greater focus on the importance of business’ role in society, surely this is welcome news? From a commercial perspective it also makes sense; research conducted by the index provider MCSI found that companies with more women “delivered a 36% better return on equity since 2010 than those groups lacking board diversity”.

The US may also do well to consider some of the progress achieved in the UK. According to the recently published “2015 Catalyst Census: Women and Men Board Directors”, female representation across S&P 500 stands at just 19.9%. Of even greater concern is that the glacial pace of change is likely to continue given new directorship appointments, of which 73% were held by men and 27% by women. Deborah Gillis, CEO’s President and CEO, stated; “Our new Census shows little progress has been made at the board level, and even less progress has been made in the pipeline for women officers and directors—suggesting women are nowhere near the path to parity with men. Men continue to be overrepresented, holding more than their fair share of board seats and, in some cases, all the board seats.”

The New Financial’s report also points to exemplary countries which others should aspire to – including countries in the Nordic region, France and Germany where female representation is 34%, 29% and 27% respectively.

These reports and others point to the merits of diversity and encourage leaders – both in business and government – to take bold action. What does bold action look like?

In the UK, the government commissioned the Ghadia Review which sought to make specific recommendations for UK financial services organisations to address gender diversity at both board and executive level. The Review recommended clear targets and enhanced transparency (including the disclosure of diversity data), increased accountability across all leadership levels within organisations, and the linking of remuneration to progress against gender diversity targets. New Financial found that only 26% of the financial services organisations included in the research sample disclosed gender diversity targets – and of these only 10% disclosed gender representation at board level, and 24% setting targets with deadlines.

It’s not enough to talk about gender diversity – it’s a case of committing to specific goals and maintaining the focus required to deliver against the goals. While aspirational targets show some level of acknowledgment of the need to address gender diversity, being specific and time-bound is more likely to have the desired impact. The Ghadia Review recommends 12 data points, including gender ratio of employees promoted and the percentage of maternity, paternity and shared parental leave returnees.

Just as importantly, targets need to be stretching. One of the five recommendations in the “Davies Review Five Year Summary” was around increasing the female representation target for FTSE 350 Boards to 33% – continuing with the voluntary approach. Incremental progress will only result in the next generation having the same debates we are having today. We owe them more.

To build on the progress made to date, we must look to the next generation of aspiring board directors, the behaviours we advocate and development opportunities we provide to both women and men. According to New Financial, women are better represented (36%) in support roles, but continue to be very under-represented in the roles that serve as springboards to board positions – CEO (6%), other C-suite roles (10%), and budget owners (9%). Without losing momentum on progress being achieved in the boardroom, there is a clear need to focus on female representation at the executive level.

This doesn’t just apply to Financial Services – although particularly acute in Fintech. According to a recent Deloitte report including participants across the globe, boards of financial services organisations in the UK lead manufacturing, and energy and resources industries.

Despite what many would deem as slow progress by boards in terms of gender diversity, it turns out that we have some positive lessons to learn from boards if we are to turn the dial on female representation at executive level: specific targets, enhanced transparency, public commitment, and role modelling desired behaviours.

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Finding a New Job While Doing Your Job Well

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Is it time to change jobs, change firms or leave the industry? (F)By Nicki Gilmour, Executive Coach and Organizational Pyschologist

Last week we identified the lack of trust as a reason to leave your current job or firm and trust is everything at work just as it is at home. And a few weeks ago, we talked about how the biggest key for individual and team performance was in fact having psychological safety at work so in many respects this ties into that topic.

There might be reasons to stay and build that trust but I hesitate to give advice over the internet in this column as each case will be different and very personalized to the players and the situation.

Instead, I am going to say it straight; if trust is lacking and cannot be built then leave. Of course, the trick is to do your job well while you are securing your next ( better) role in a different team or company.

Do not “stay and quit”.

Remember, every project you do, or skill you acquire can be talked about on your resume and in your job interviews. Use the time wisely and find a firm where trust is abundant. How do you know that? Ask questions like” What gets rewarded here?”. “What gets tolerated?” and “How does the task (insert your type of tasks that you do) get done around here?”.

Best of Luck!

If you are looking for an executive coach to help you navigate your career then please contact nicki@theglasshammer.com for a no obligation conversation

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