Tag Archive for: Guest post

You Should Reconsider What You Think About Creative People in Leadership

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Though “creativity” is almost always included on lists of mandatory qualities of good leaders, creative people or “creatives” are rarely seen as the leader type.Group-Of-Women-Meeting-In-Creative-Office

Instead, creatives are revered for their originality, their resourcefulness, and their spirit. But to be successful, creatives need to be perceived as more proactive, risk-taking, problem-solving, and communicative which are the perceived traits assigned to leaders.

Why Creative Types Aren’t Often Leaders

In a study from the University of Pennsylvania’s Wharton School, researchers asked workers and students rate their peers’ potential for creativity and leadership. Neither group rated the most creative people among the most likely to become leaders.

Yet, the most popular stories of leadership focus on those with ingenuity. We love to hear tales of CEOs and politicians who solve problems not with determined effort or underhanded maneuvering but rather with imagination and resourcefulness. There are few people more inspirational than those with innovative ideas who change the course of an entire industry. Why do we collect stories of creative leaders while ruing the idea of being led by them?

The researchers of the Wharton study, psychologists Jennifer Mueller, Jack Goncalo, and Dishan Kamdar, have discovered that leaders are often expected to uphold structure and order within an organization, while creative types tend to think laterally, outside typical paths and boundaries. Additionally, creatives are often depicted as isolated or at least introverted, but leaders necessarily must be comfortable with near-constant interactions. Further research refutes these suppositions. Most notably, a Wharton study by Adam Grant discovered that introverted leaders outperform extroverted ones, disproving the conception that a leader must be gregarious to be productive.

In another study led by Jennifer Mueller, participants consciously argued for the power of creative ideas, asserting that they want more creativity in leadership, but subconsciously, those same participants rejected more creative concepts when exposed to uncertain situations. It seems that we are primed to deny creative leadership, even despite evidence of its potential.

How Creatives Use Leadership Skills

Creative people and leaders share some traits and behaviors in common:

  • Leaders and creatives communicate well. Creative types imagine original concepts and they must be able to explain their ideas clearly and effectively.
  • Leaders and creatives are enterprising and dynamic. Creatives must often pursue their ideas on their own, forcing them to become self-motivated and driven.
  • Leaders and creatives solve problems. No novel idea emerges fully formed from a creative’s mind. Instead, creatives must tinker with their designs before they are viable.
  • Leaders and creatives take risks. Coming up with something new is inherently riskier than following the old way. Creatives must be willing to make leaps of faith, or else they fail to earn the label “creative.”

Given that creatives innately boast the most important qualities of leaders, it seems obvious that creatives would be good in leadership positions. The stereotype of creatives types is not the same stereotype of traditional leader types. This is just a stereotype but one that remains in place for now. One way to prepare oneself for business positions, regardless of one’s past work experience or identity as a creative person, is to continue to be creative while learning traditional business skills. By doing an MBA online, or in-person creatives can hone their leadership skills and gain new knowledge that is useful in guiding teams of workers. Even more importantly, advanced credentials almost guarantee management positions, ensuring creative types access to entry-level leadership roles. Just as the theory goes more women in leadership positions increases the likelihood of female-friendly workplaces, more creatives in leadership positions could help to build businesses that are friendly to creative thinking.

Disclaimer: The opinions and views of Guest contributors are not necessarily those of theglasshammer.com

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“I Want to Be a Really Good Listener”

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Guest contributed by Linda O’Neill, VP of Strategic Services at Vigilant

listener

Image via Shutterstock

 

Over the past several weeks, I’ve noticed a pattern in what I’m hearing from my professional colleagues. Many of them are having what they describe as difficult conversations with employees, whether it’s about redundancies, new roles, new expectations or even coverage for the holidays. When I ask my clients how they want to “be” for these conversations, most are saying, “I want to be a really good listener.”

Throughout our lives we are taught a lot about speaking effectively. Unfortunately, most of us have received little training on being a “really good listener.” There are, however, resources and information available to enhance listening skills. Read on for information about the different levels of listening as well as some tips for being more effective.

Levels of Listening

Most listening experts agree there are different “levels” of listening. As the level of listening goes up so does the sophistication. Otto Scharmer, a senior lecturer at MIT and co-founder of the Presencing Institute, developed a set of principles on listening and they are among my favorites. He describes four levels: 1) Downloading; 2) Factual; 3) Empathic; and 4) Generative.

  • In level 1, Downloading listening, you are listening from habit and reconfirming old opinions and judgments. You are listening at this level when what you hear and experience tends to confirm what you already know.
  • At level 2, Factual listening, you’re listening for facts and noticing new data. You have an open mind. You focus on what is different from what you already know and pay attention to the responses of others. Both Level 1 and Level 2 listening are focused on taking in, digesting and understanding information.

When a listener moves to Levels 3 and 4, he/she brings forth more of the heart and will.

  • Level 3 is Empathic listening. It involves listening from within and with an open heart. When listening at Level 3, you are able to see the world through the eyes of another and often forget about your own agenda. In this level, an emotional connection is achieved in addition to the sharing of information.
  • In Level 4, an open heart transcends to open will. During Level 4 Generative listening, the listener is operating from a place of future possibilities. Scharmer uses words like “communion” and “grace” when describing the experience of Level 4 listening.

The first step in increasing your own listening skills is to notice your tendencies when you’re listening. What’s going on your head, heart and body when you are working to be a “really good listener”? From this place of noticing, you can begin to gain sophistication and effectiveness in your skills. Read on for some tips.

Tips for Effective Listening

  1. Be clear about your intention: Before having an important or difficult conversation, it is important to spend some quiet time getting clear about your intentions for the conversation.  Be deliberate in defining your intention; write it down. Now think about how you will demonstrate it. For example, decide how much you want to talk during the conversation and how much you want to listen. If your goal is to be a “really good listener,” you’ll spend less time talking than the other person. If you’re spending a lot of time explaining and defending your position, you’re probably not listening at the level you desire.
  2. Be Present: When you engage in a conversation, engage fully. Put aside distractions and give the other person your full attention. Put all your energy into gathering information and gaining understanding at multiple levels (head, heart, body, will). Listen for the overall message as well as the words; hear what is said as well as what is unsaid. Restate what you heard in your own words to confirm your understanding. Reflect feelings as well as words to listen at a deeper level. “Sounds like you’re saying…” or “Sounds like you’re feeling…”. Release judgment until you have a full understanding. Let go of the temptation to craft your response to what you’re hearing while the other person is still talking. According to Tom D.  Lewis and Gerald Graham, most individuals speak at the rate of 175 to 200 words per minute. However, research suggests that we are capable of listening and processing words at the rate of 600 to 1,000 words per minute. Because a listener can listen at a faster rate than most speakers can talk, there is a tendency to evaluate too quickly. That tendency is perhaps the greatest barrier to effective listening.
  3. Acknowledge: It is often important for a person to be acknowledged and understood before he/she will be willing to engage in a dialogue or negotiation on a difficult topic.  Acknowledgment does not mean you agree with what is being said, merely that you hear and understand it. Sometimes acknowledgment can be accomplished with a simple nod of the head.   When in person, use eye contact, lean forward, relax your arms, and put away electronic devices. Engagement often goes hand-in-hand with acknowledgment. It is hard to feel acknowledged if a speaker does not feel he/she has your attention. When on the phone, remove distractions and listen hard to changes in tone, pace, volume and rhythm of the speaker’s voice. These all provide important clues about the speaker when you are listening at Levels 3 and 4.  These clues will allow you to effectively understand and acknowledge the speaker’s message.
  4. Invest in your own self-awareness: Understanding your own speaking and listening style and the biases you bring to the table will help you open up your heart and will to more sophisticated levels of listening. A high degree of self-awareness will not only improve the effectiveness of your listening but also the quality of your relationships and ultimately your ability to lead.

An unknown source said, “We were given two ears but only one mouth, because listening is twice as hard as talking.” Developing listening skills is hard work; putting the skills into action is even harder.  You’ll know you’ve been listening effectively when at the end of a conversation you’re tired! You’ll feel like you’ve extended some effort. Listening is active, especially when you engage at Levels 3 and 4. I promise the rewards will be worth the effort!

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Answering the Rallying Cry for Women in Investment Management

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Guest Contributed by Rebecca FenderBusiness-meeting

“We’re stuck.” That was the consensus view from the group of women CFA Institute gathered nearly two years ago consisting of past and present members of our governing board. “Stuck” because women comprise a mere 18% of CFA Institute members—a number that has not changed for years and lags other professions.

These prominent industry leaders were disappointed in the lack of progress for women in the investment industry over their careers, and the assumption that it would fix itself has proven to be flawed.

But now things are beginning to change. Our research on gender diversity shows that 76% of investment professionals and 55% of institutional investors desire more gender diversity in the industry. People recognize that cognitive diversity—having different perspectives—is important for team construction and leads to more successful outcomes when tackling complex tasks. Teams need to seek collective intelligence (C factor), which research by Anita Woolley suggests is correlated with the average social sensitivity of group members, conversational turn-taking, and the proportion of women in the group. As a global organization, we see the many dimensions of diversity, but women are the universal diversifier: in every market, women are under-represented in finance compared to their participation rate in the workforce.

Consequently, senior leaders in the industry are looking for guidance on how to recruit and retain more women. While this is a long-term effort, we are starting to see progress that suggests change is afoot. Here’s how you can take advantage of these changes to advance your finance career.

  1. The network of women in finance is growing, so use it!

As a subscriber to The Glass Hammer, you already know that the power of your professional network is key to long-term success. Think of it as “visibility is validity.” For instance, showcasing successful women at all our events and bringing more women into leadership roles in our organization lets younger women see finance as a fulfilling career. Furthermore, women will make up 30% of our board by September, and our new initiative – Women in Investment Management – has inspired our female members to connect with their local societies, join activities and broaden their networks.

  1. Behavioral finance has introduced us to the idea of biases

Many of the challenges women have faced in the industry over the years relate to cultural issues that involve unconscious biases. Consider this: an article in the Journal of Applied Psychology found that when mixed-gender groups reported success on a project, men were more likely to get credit than women if attribution was not specifically given. People fill in gaps when they don’t have full information.

Similarly, it is easier to hire people who are like you (affinity bias), and deviating from this seems riskier, though we would rarely think of it that way. This makes it more difficult for women to break into male-dominated fields.

We often use these biases as shortcuts, without even realizing it, but these can be misleading. For example, we may expect men to be more competitive and risk-seeking than women, but this is in part because those in the majority feel more in control and so perceive fewer actions to be risky. A study by Gneezy, Leonard, and List showed that in matriarchal societies women are more likely than men to be risk takers. Recent research by Adams, Barber, and Odean showed that women in investing are more achievement oriented than men, though the reverse is true in the general population. Bottom line: question your assumptions and realize we all have biases.

Simple changes to meeting dynamics and addressing other day-to-day biases can add up to an unlevel playing field over time, but with an openness to recognize these we can work toward progress together. In a Financial Times article earlier this year, Anne-Marie Slaughter offered five specific ways to improve meetings, including making sure people aren’t interrupted, and asking a man to “do the office housework” like taking notes.

  1. Education can be an equalizer

Credentials show an employer you have the competency to succeed in the industry, and it can counter unconscious biases in the hiring process. In fact, Morningstar has cited the CFA charter as a qualification that women may find especially helpful in their career advancement in finance. Yet, while our research confirmed that most women and men in the industry made career decisions during their university years, a study by Mercer showed that many female students are unaware of career options in investment management.

Be sure to seek all available resources throughout your education. This may be programs affiliated with your university or scholarship and research opportunities like those offered through our University Affiliation Program. It’s important that both professors and students try to bridge this awareness gap.

In summary, the trend is positive, but success is not guaranteed.  This is an exciting time for women in the investment management industry—employers are eager to hire women and help them excel.  Take advantage of the changes happening now to make an impact.  We are the future of finance.

Rebecca Fender, CFA, is head of the Future of Finance initiative at CFA Institute, a long-term global effort to shape a trustworthy, forward-thinking investment profession that better serves society. Prior to joining CFA Institute, Ms. Fender was a vice president at BlackRock working with pension funds and endowments, and she also worked at Cambridge Associates, where she published research about manager selection. She earned her undergraduate degree in economics from Princeton University and holds an MBA from the Darden School at the University of Virginia. Future of Finance publications include From Trust to Loyalty: A Global Survey of What Investors Want, and Gender Diversity in Investment Management: New Research for Practitioners to Close the Gender Gap. Previously, Ms. Fender also served as the director of the flagship CFA Institute Annual Conference.

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What Executive Presence Really Means and How to Pull it Off

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Guest Contributed by Denise Green

When I interview my coaching clients’ bosses and ask what skill they believe would make the most difference if improved, I nearly always hear, “She needs to develop more executive presence.” When I ask what that looks like to them, I get a variety of responses, many of them vague.

We all know when someone with a persuasive presence enters a room. Yet, it can be hard to describe. My favorite characterization of executive presence comes courtesy of John Neffinger and Matthew Kohut. In their book, Compelling People, they describe presence as the ability to project authentic strength and warmth, and to adjust each up or down, according to the situation. People who do this well are more likely to gain our trust and loyalty. The authors argue that here is no inherent contradiction in simultaneously projecting warmth and strength.

Individuals such as Oprah Winfrey, Tony Robbins, Michelle Obama and Pope Francis project an air of knowing what they are doing and having other peoples’ best interests at heart. Here are steps you can take starting today to turn up your presence and persuasion.

  1. Create an intentional identity. How do you want people to perceive you in this next interaction? What do you want people to say about you after you leave the room? (Or, when you leave this earth). Have this intention in mind before you enter a room.
  2. Be responsive instead of reactive. Our modern lives are in conflict with our ancient brains. As such, we don’t have the capacity to deal with our back-to-back, always-on schedules and devices. According to author and Neuroleadership founder David Rock, our prefrontal cortex (the newest part of the brain, responsible for our planning, personality expression and decision making), works efficiently for only 90 minutes per day on average. When we’re stressed, hungry or tired, our prefrontal cortex loses precious capacity. If you’ve ever blurted something you regretted, or sent an email that you wished you could pull back, you know how much effort it can take to respond mindfully instead of reacting impulsively.

My unscientific opinion about reactivity is that women have a higher bar than men. When a woman blurts out a criticism, she’s potentially labeled harsh, overbearing aggressive or worse. When a man does it, he’s more likely to be labeled assertive. And if a woman reacts without the proper dosage of emotion, she is easily labeled cold, or at the other extreme, hysterical. We only have to look at Hilary Clinton’s presidential campaign to see how challenging it is for women to strike the right balance.

The specific part of the brain involved in managing impulse control is called the right ventrolateral prefrontal cortex (RVLPFC). Like any part of the brain, it grows stronger with practice.

  1. Power your brain. Most of the people you work with are likely sleep-deprived, hungry and dehydrated. Taking care of your body and brain will not only help you feel better and live longer, it will help you maximize your brain’s capacity.
  • Pack your desk and refrigerator with healthy, low-glycemic snacks. Move throughout the day, whether that means taking the stairs or conducting standing and walking meetings.
  • Consume caffeine 30 minutes before you need to be your most brilliant self.
  • Fill a large bottle with lemon water (lemon is alkaline and facilitates water absorption). Drink throughout the day.
  • Bring dark chocolate to meetings to share with others (the sugar content is low, and the small amount of caffeine and antioxidents make it an ideal treat for tired brains).
  • Make sure to get at least seven hours of sleep.
  1. Project authentic confidence. Give yourself a confidence boost by putting your best self forward — from your clothing choices to your posture to how you state your ideas.
  • Dress: Wear clothing that presents you as confident and polished. If you’re fashion challenged, hire a personal shopper. Nordstrom provides this low-pressure service at no cost.
  • Posture: If you haven’t seen the TED video by Amy Cuddy, it’s worth the 18 minutes. She describes how taking a power posture actually changes your blood chemistry to make you more confident.
  • Voice: Record yourself in a meeting and listen for tone and filler language. End your statements on a down note, not up. Remove unnecessary ‘uhs’ and ‘ums.’ If you want to project strength, leave out the fillers and just begin with “I believe we should…”
  1. Show appropriate vulnerability. Vulnerability is a critical ingredient in presence. We don’t trust people who show too much or too little of it. Authentically confident people readily own their strengths and weaknesses, willingly apologize for mistakes and share personal information that puts others at ease. Let them know that your furrowed brow is due to painful sciatica, not their Powerpoint report.

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Denise R. Green is a speaker, writer, and executive coach committed to helping people go from burned-out (or blah) to brilliant. After a successful career with Oracle Corporation and Charles Schwab, Denise founded Brilliance Inc., a coaching corporation whose purpose is to unleash human potential. For more than a decade, she and her team have helped thousands of people feel less stressed, and have more ease and fulfillment in all areas of their lives. Her new book, Work-Life Brilliance: Tools to Break Stress and Create the Life & Health You Crave (Brilliance Publishing, April 2017) is about reigniting one’s internal spark. Learn more and access the free e-guide, “Break Stress Now,” at BrillianceInc.com.

Disclaimer: The opinions and views of Guest contributors are not necessarily those of theglasshammer.com

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9 Tips for Women Working in a Male-Dominated Business World

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Guest contributed by Marja Norris

Every day we hear some statistic telling us what we already know: Women make up 59 percent of all post grad schools, and not enough is happening on the forefront to move more women into C-Suites. Several news agencies reported on the White House gender pay gap, which has said to have increased under Trump.

Women continue to earn less than men and have less power in the workplace, even though study after study show companies that have women in leadership roles outperform companies that don’t. What’s impeding our progress? Underlying male-oriented rules and expectations in the workplace limit women’s potential for advancement and often doom them to undistinguished careers.

Because the business world was built by men, for men, they begin their careers from a position of comparative advantage and understand these unspoken codes intuitively — they’ve been socialized for it. Too many important rules concerning women’s careers remain unarticulated.

It also doesn’t help that in the working world many businessmen don’t want to take the time to understand their women colleagues or help build a more diverse workforce. Many men resent working side-by-side with a female colleague because of our different approaches. They need to realize that, while 3 + 3 = 6, so does 4 + 2! In a scale of 0-10, together, we can achieve a 12!

Until businesses support both genders equally in the workplace, we have no choice but to move into the male mind space if we hope to work our way into executive roles. We must make it easier to gain their acceptance of us as equals in the workforce so we can get ahead.

Use these 9 tips to maximize your efforts when working in a male dominated world:

  1. Don’t take opposition personally.Avoid drama. It makes people anxious. Best to leave the emotions and your personal life at the office doorstep. It’s a waste of your energy because all it elicits is a glassy-eyed stare. Craft your points to persuade them through reason, not emotion.
  2. Be honest.Don’t bluff your way through something you’re unclear about. It’s easy to sniff out a pretender, and it will only feed impressions of female inferiority. Ask for clarity if you’re unsure. This applies to anything in business — from personal conversations to team strategy sessions. If the men in your firm are talking about fantasy football with you, don’t act as if you know about it (unless you do).
  3. Come prepared.The higher you climb in the corporate world, the more likely you are to encounter stronger personalities. Never shy away from alpha personalities in negotiations. Prepare for tough questions by arming yourself with clear, factual answers to support your arguments or recommendations.
  4. Be mindful of egos.Pointing out to people where they’re wrong, especially in front of others, is a losing proposition. If you need to correct an error, think it through and present it in such a way that it isn’t pointing the finger. Many personalities come with an ego larger than life.
  5. Keep conversations short.Don’t draw out what can be said with less explanation. Think of breaking down communications into a short news article: Give the headline, the facts from the first paragraph and the summary from the last paragraph. Save the details for further conversation or questions.
  6. Display confidence, even if you don’t feel it.Lacking confidence in any aspect of business can quickly lead to disregard, and also disrespect. Give a firm handshake, assume a confident body posture, project in a strong voice and state any request with authority rather than as a question.
  7. Be accountable.Avoid excuses. If you take on a project, stay with it to the end and take responsibility for keeping others accountable in their roles to make it happen. When an error or incorrect judgment occurs, own it and be there with a solution. You’ll gain respect.
  8. Know your values and what you’re willing to sacrifice.Know what you most value and what you’re willing to give up to focus on your career. One reason businesswomen haven’t moved the needle in the high level executive area is that it requires very long hours, often entails travel and includes constant pressure. Women traditionally have more personal demands to attend to outside of their careers. And, as overwhelmed as you may feel, talking about these demands at work won’t be well received. As the saying goes, “If you can’t run with the big dogs, stay on the porch.” Otherwise, you may be viewed as weak.
  9. Get used to taking risks.Men are often more programmed for risk-taking than women. Make a point of doing one uncomfortable thing a day, like speaking with someone who intimidates you, reaching out to someone you feel is beyond your reach or learning a new skill. A little discomfort is freeing. A little risk is exciting. It encourages you to constantly move toward bigger and better things.

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Marja Norris is the CEO and founder of MarjaNorris.com, a company dedicated to helping women achieve their career goals with style and confidence. With a distinguished career in finance, she has successfully navigated the male-dominated business world and is passionate about coaching women on how to be taken seriously, be heard, and get what they want at work. Her latest book, The Unspoken Code: A Businesswoman’s No-Nonsense Guide to Making It in the Corporate World, provides women with the tools to awaken their dreams and reach their highest goals. Visit marjanorris.com.

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How to Nurture Independent Employees (Who Still Stand by You)

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Independent Female Boss

Image via Shutterstock

Guest contributed by Lisa Messenger

Ten years ago, you rarely heard the term ‘intrapreneur’ – the buzzword used to describe an employee who has an entrepreneurial spirit. But these days, it’s front and centre of every work place as we all do our best to engage and develop those working within our ranks who could easily run their own. Perhaps you have one (or you are one) – the staff member who follows their initiative, turns an idea into reality and works with passion and purpose. Basically, the ideal employee – or are they? The downside of giving your staff total autonomy in the office is their independence might backfire on leaders, if you’re not careful. Driven, ambitious and determined, an intrapreneur can follow their dreams right out the door, if a company doesn’t give them a reason to be loyal.

And while they can be hard to handle at times, there is great value in having an intrapreneur as part of your team, or company.

I am particularly aware of this when nurturing my staff. Our entire magazine is built on an ‘anything is possible’ premise; our pages filled with the inspiring stories of professionals, creatives, thought-leaders and artists who work without limits, take chances and aren’t afraid of risky decisions. I encourage my team to think independently, freely and rebelliously but every day, I still need them to come into the office and commit to my company.

I’ve happy to say my core team has been with me since the start of Collective Hub, helping the magazine to expand to a global publication sold in 37 countries and the online platforms to go even further. It’s been an amazing journey and I couldn’t have done it without both their commitment and self-sufficiency.

But intrapreneurs have their challenges. It’s an interesting contradiction but one that leaders of the future have to master. How can you nurture independent employees who think like renegades but are as loyal as family? Here are my top tips:

Create a Safe Space. I’m not talking about installing smoke alarms and ensuring there’s no loose floorboards. It’s important to create a culture where employees feel like they can make their ideas heard, without feeling judged, overpowered or ignored. Be aware that different people communicate differently. Forcing everyone to pitch ideas at a weekly meeting may be a nightmare for introverts. Instead start a ‘cyber comments box’ – it could be a shared Google document where employees can suggest ideas, either under their name or anonymously.

Act Like an Owner. This is one of the employee principles at LinkedIn. As one former intern explained in a blog post, “For some [this] means making wise financial decisions on your budget, others it is turning off the lights as you leave a room, or picking up trash that someone left behind.” This mindset is vital for employee loyalty – encouraging people to look past their job description and feel responsible for the 360-degree outcome of a company. It only takes small changes. Research has found that an employee’s sense of ‘psychological ownership’ can be boosted simply by personalising their office with family photos or allowing them to choose their own job title.

Get Out of the Office. On a hot summer’s afternoon, when you’re sitting at a desk behind a window, the freelance life can seem very tempting. That’s why I encourage my team to escape into the outside world, whether that means scheduling a meeting at a pavement café, taking a micro-break in the park or hosting a brainstorming afternoon beside a hotel pool (yes, we’ve done this). Airbnb applies its brand motto – ‘You belong anywhere’ – to its employees, who can roam between different workspaces in their global offices, inside and out.

Money does Matter. There’s sometimes a misconception, especially in the startup, that loving your job is enough to make up for an appallingly low salary. Studies do show that wages are less important to Gen-Y than baby boomers but it’s still important for a worker to feel financially valued. As a leader, this may mean thinking creatively, especially if an accounts department is watching you carefully. If a junior staff member has an idea for a new platform or product, can you offer them a percentage of the profit in exchange for overseeing it? It’s a morale boosting gesture, plus we’re all more likely to give a project our all if it could potentially fill our pockets.

Explain Your No-Moments. At some point even your star employee will have to deal with one of their key ideas being rejected. This can lead to a dejected worker scouring job boards for vacancies, which is why it’s so important to explain your reasons using hard facts and data. Why isn’t the concept commercially-viable right now, could it be explored in the future or could you evolve the idea to make it more do-able? Always remind employees that not every idea can be implemented. As Steve Jobs said, “People think focus means saying yes to the thing you’ve got to focus on… It means saying no to the hundred other good ideas that there are.”

Disclaimer: The opinions and views of our Guest contributors are not necessarily those of theglasshammer.com

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Breaking the Planning Fallacy: The How and Why of Being on Time

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Guest contributed by Katie McBeth

time

Image via Shutterstock

There are two types of people in this world:

“Punctuality is the politeness of kings.” – King Louis XVIII of France

“Punctuality is the virtue of the bored.” – Author Evelyn Waugh

Yet, no matter where your personal opinion may lie on the spectrum, the business world has fully embraced the former of the two; be on time, no exceptions. Our world is dependent on schedules and time. Punctuality is a must, even if it’s personally impossible to achieve.

And there are genuinely good reasons why our culture has fully embraced punctuality. For one, showing up late is often seen as a sign of lack of dependability. It also wastes the time of those we are planning to meet up with. By being punctual we are also being respectful. Of course, much of this is cultural, and there are many legitimate reasons why people may often be late.

However, in a more business sense, being on time can be a real chore. Still, there are ways to trick yourself into staying on schedule. Timeliness is a necessity in relationships or business, and to really succeed it’s vital to get to grips with the importance of being on time.

If you struggle with punctuality, here’s how to fix it.

The Planning Fallacy  

Punctuality has been closely tied to human behavior, and psychologists have been studying time habits in humans for quite some time. In the late 1970’s, one psychologist was able to experience it first hand, and even gave it a name: the planning fallacy.

If you are someone that is perpetually late – no matter how hard you try to not be tardy – it could be that you are suffering from this common mental state of mind. As psychologists with the University of Southern California describe, our personal concept of time is biased, and can often skew our understanding of how long a task will take to complete. In reality, it can be easy to overcome, once we master the bias.

Researchers with USC state: “Individuals consistently assume their own tasks will get done sooner and be easier than they actually do or are. This is an optimism bias. On the other hand, a third-party observer assessing how long a task will take for another person will consistently provide a “low-ball” figure representing a pessimism bias – believing the task will take longer.”

Besides appearing disrespectful, the planning fallacy can also hurt financially. For large companies, it can cost hundreds of additional hours in labor as well as potentially far overshoot any budgets.

One giant example of this is the Sydney Opera House in Sydney, Australia. It took an extra ten years to complete the project, and had an estimated cost of about eight million dollars. The final cost? Over 102 million dollars.

Overcoming the Planning Fallacy  

Time management was created as the core solution to combating the planning fallacy. Whether traveling from point A to point B, or simply getting up in the morning, time management plays a role in all of it. Delegate your time wisely, and you’ll be able to work your way out of the fallacy.

For example, if you’re perpetually procrastinating on projects or homework, create an agenda and set exact start times for your projects. Find a way to minimize outside distractions, and simply buckle down. The sooner you start, the sooner you finish.

However, it’s also important to consider the amount of work needed to complete the task. If you’re researching a topic, then you might need a few more hours of time than if you’re, say, writing an article on the benefits of dog walking.

This is where time delegation can really help. View the task pessimistically, and set up exact times dedicated to researching, compiling notes, and writing your project. Don’t wait for your superior to tell you what to do and when to do it. Instead, show your ability as a self-starter and work to build up your personal confidence and time management skills.

Another important part to breaking the fallacy is to avoid multitasking. Although many feel like they function better when multitasking, the truth is it can end up wasting more time simply by switching mindsets between projects. Zeroing in on the project at hand can help you complete a task on time.

If you’re a perpetually late person – as in physically always late to work or meet ups with friends – then you need to take a different approach. Don’t allow yourself to get sucked into tasks when you know you need to be somewhere else, and instead try to get into a routine. Especially for non-morning people: set yourself up for success by creating and cultivating a strong morning routine. You will rarely be late to work if you’re already alert and awake within an hour or so of you needing to leave.

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Breaking the planning fallacy can be difficult. It will take time to teach yourself how to manage time. However, once you’ve mastered it, you’ll have a whole new confidence in your ability to get work done, and you’ll be able to easily impress those that are relying on you.

Punctuality may be mandatory in our society, but it certainly has its benefits. Don’t let time and tardiness get the better of you.

Katie McBeth is a researcher and writer out of Boise, ID, with experience in marketing for small businesses and management. Her favorite subject of study is millennials, and she has been featured on Fortune Magazine, Glassdoor, and the Quiet Revolution. You can follow her writing adventures on Instagram or Twitter: @ktmcbeth.

Disclaimer: The opinions and views of Guest contributors are not necessarily those of theglasshammer.com

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5 Questions to Ask At Every Networking Event

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Guest contributed by Jessica Thiefels

networking

Image via Shutterstock

People love talking about themselves, and this is key to making the most of your next networking event. Instead of talking about yourself, ask questions and listen intently. If you can get someone talking about their work, business and goals, that’s half the battle—and it makes you look good because it shows that you’re not in a hurry to ask for something.

Keep these questions in your back pocket for your next networking event.

How Did You Hear About This Event?

This may seem like a cliché icebreaker, but the arbitrary question gives you, and whoever you’re talking to, a jumping off point. After you’ve made your initial introductions, ask your fellow attendee how they know the host or heard about the event.

If he or she knows the host personally, they may be able to share an anecdote or give you some additional insight about the person or organization. If they learned about the event from a peer or social network, you can see if you’re in any of the same online groups or talk about common professional interests. “The hardest part is breaking the ice,” according to Loraine Burger from Smart Meetings. “Conversation will, for the most part, flow naturally after that first painstaking ‘hello.’”

What do you love about what you do?

This is a more open-ended version and a better conversation starter than the usual, “So, what do you do?” When you ask someone what he or she loves about their job or role, it gives them the opportunity to talk about their passions and talents. If you’re trying to transition into a new field or a similar line of work, you’ll get an interesting perspective on the work. If you already work in a similar field, it gives you new insight into what someone else loves about the profession.

You may find some common ground or you may discover a new perspective. Either way, this question will excite the person more than simply asking their title or role.

Did you always know you wanted to get into this field?

Everyone has their own unique story about how they came to be in their current position. This question gives you insight into the path this individual took to get where they are now. Maybe they always knew they wanted to be in business or marketing, or maybe they started in a different field and transitioned into their current role because of a colleague or mentor.

Whatever their story, the questions allows you to learn from someone else’s experience. “This gives your new contact a chance to tell a story and people love telling stories, especially when the story is about themselves,” advises Thomas Camarda, networking expert.

Listen to what he or she says, they may tell you about mistakes they made that lead to a career change or resources they used to improve job-related skills. You may be able to relate or you may get some fresh ideas you can use in your own career. Not everyone has a straight career trajectory, and you can learn from steps others have taken.

What did you do to set yourself apart from other candidates?

It’s no secret that the job market is competitive. With so many applicants for any given position, you either need to do something special to stand out or know someone who can help you. Whether you’re talking to someone in a similar position or someone more advanced in their career (where you’d like to be), this question can help you learn what tactics have worked for other people and what it takes to get ahead. If you’re lucky, you’ll learn strategies that you wouldn’t have thought of on your own.

What can I do for you?

Finally, rather than asking for a favor, provide your new connection with the opportunity for your help as the conversation is ending. “When first meeting someone you think could be helpful, offer your services first,” says Ted Rollins, global ecopreneur recognized by Inc. 500.

Rollins continues,

“Ask: What do you need help with right now? What do you see yourself needing the most support with in the future? Being authentic with connections. Always trying to provide greater value makes them more likely to do the same for you. This sets the foundation for a strong network that is instrumental for everyone involved.”

If you know, based on their answers to your questions that you can help in a specific way, offer that. I.E. “I’d love to introduce you to John Smith, he was just promoted to CFO at Business Emporium; I bet he’d have a lot of great insight for you.” This shows you listened to them, heard what they need, and are willing to provide a solution or help.

Whether you’re talking to a peer or someone in a higher position, remember to be sincere. Don’t come right out and ask for a job or favor. You’re building relationships that may be able to help you in the future, but your goal shouldn’t be personal gain at your initial meeting. In many cases, the most valuable advantages you can gain from a networking relationship are insight and knowledge. Try these questions at your next event. You may find that they help the conversation flow more freely and make it easier to develop lasting professional relationships.

BIO: Jessica Thiefels has been writing for more than 10 years and is currently a full-time writer, content marketing consultant and business owner. She’s been featured in Forbes and Business Insider and has written for Manta, LeadPages, Salesforce and more. Follow her on Twitter @Jlsander07 and connect LinkedIn.

Disclaimer: The views and opinions of Guest contributors are not necessarily those of the glasshammer.com

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8 Common Errors That Will Damage Your Career

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errors

Image via Shutterstock

Guest contributed by Jennifer Tait

From time to time, most of us see or hear about some crazy behaviour at work. Whether it’s a full-blown argument, a dramatic resignation or gross misconduct, you know that irreparable damage has been done to that person’s career.

However, it isn’t just the crazy moments like these that damage a career. There are actually a number of behaviours (and relatively common ones too) that cause your colleagues to view you in a negative light.

Here are 8 behaviours that you should avoid at work if you don’t want to damage your career.

  1. Boasting

Bragging about your achievements is a sure-fire way to make your colleagues dislike you. Generally speaking we simply don’t like people who boast about themselves and appear big-headed. Plus, if you’re shouting about your successes this makes others think that success isn’t a common thing for you, hence when you get it you have to shout about it.

On the one hand, it is important for you to promote yourself and your skills at work, however, you should always ensure that it is in a way that doesn’t come across as boasting.

  1. Taking credit for someone else’s work

It’s never a good feeling when someone steals your idea and naturally, it stirs up feelings of resentment. You should never take credit for someone else’s work as it shows that you have no regard for your team. It will cause significant damage to your working relationships and therefore also your career.

  1. Gossiping

We all love a bit of juicy gossip, but it’s important not to get caught up in it at work. If you get carried away chatting about your colleagues’ mistakes then the only person who is going to look bad is you. What you say about others may easily find its way back to them, so don’t be the gossip who spreads negativity.

  1. Going over someone’s head

While it’s not uncommon to go over someone’s head in an attempt to avoid conflict, this can come across as backstabbing. This tends to be a cause of even more conflict as soon as your colleague bears the brunt of your actions.

Going over a colleague’s head always makes them look bad whatever your intentions so do everything you can to resolve problems without getting others involved.

  1. Saying you hate your job

We all have our down days at work where things just don’t go our way. However, no one wants to hear about how much you hate your job. Being negative has an impact on everyone else’s mood in the office and good managers are quick to address anyone who is bringing the team down.

If you really need to vent, save it for when you get home.

  1. Having an emotional outburst

Being able to control your emotions is a skill that is central to your professionalism at work and the success of your career. An outburst of anger demonstrates that you have low emotional intelligence and will make your colleagues question whether you can be trusted to keep it together when it counts.

Emotional outbursts are a quick way to win yourself a lot of negative attention and in extreme cases to get fired. Keep your emotions in check and never make others feels that you are intimidating and unapproachable.

  1. Lying

Most people don’t intentionally tell lies at work. You may tell a small white lie in order to protect yourself or somebody else in your team, however if you’re found out it could be very damaging for your career.

Being caught in a lie will cause others to distrust you. Also, lying can be exhausting and is likely to cause you more stress and worry in the long term. If you can’t be honest and genuine in your workplace then you are unlikely to be happy there.

  1. Burning bridges

Your business connections and working relationships are so important to the success of your career. No matter how you feel about people, you should aim to never burn bridges as you never know when a connection will prove useful to you in the future (a broken connection can also prove quite harmful).

Quitting your job and leaving without notice, for example, will not only cause a lot of problems for your boss but also your colleagues who will have to take on your workload.

Bringing it all together

None of these common errors are particularly surprising, but they are something that many people forget about and dabble in from time to time. If you can avoid behaviours like these, you’ll have a better chance of maintaining strong working relationships that are key to career success.

About the Author

Bridgewater Resources UK work with market-leading businesses across the UK and Ireland, connecting top talent with outstanding opportunities. They offer roles within wholesale, distribution and manufacturing industries, recruiting highly skilled individuals at all levels.

Disclaimer: Views and opinions of Guest contributors are not necessarily those of theglasshammer.com

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What Skills Differentiate Women Who Make It To The Top?

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top

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Guest contributed by Steven Stein

What does it really take for women leaders to make it to the top in the business world? Over the past 20 years, we’ve compiled the world’s largest database of testing results on emotional intelligence—approximately 2 million people worldwide. The Emotional Quotients Inventory (EQ-i 2.0) is the first and most widely used emotional intelligence test in the world. One of the areas we look at is the relationship between emotional intelligence and success at work. In addition, we’ve looked at the role gender plays in how these emotional skills are expressed.

We were the first to document the differences between men and women’s emotional intelligence profiles. Interestingly, the results were consistent around the world. And while there’s no significant difference in overall emotional intelligence scores, there were differences in the types of emotional intelligence. Men scored higher in independence, stress tolerance and problem solving. Women, however, scored higher in emotional self-awareness, emotional expression and empathy.

Building on women’s strengths

In the early days of reporting on my organization’s emotional intelligence and organizational success research, I was challenged by a number of businesswomen. They told me that to be successful in the male corporate environment, such as in financial institutions and the tech industry, it was important to be tough. They thought that they had to be tougher than the men in order to succeed. Being aggressive, they said, was rewarded and the way to get ahead.

I thought differently. I suggested that women were generally better in interpersonal skills, empathy and emotional expression, and they should leverage these skills. While the traditionally male-dominant traits of stress tolerance, independence and using appropriate emotions in solving problems were important qualities for leaders, women’s skills in these areas did not lag behind the men’s. And to get ahead of the curve in leadership, the skills women already excelled in were the ones to focus on improving even more.

Women are moving the needle on defining leadership traits

One of our current research samples includes 280 executives who are about to be or are currently on boards of directors. These high-level executives, most of whom have worked their way up the organizational ladder, have acquired the skills one needs to make it to the top. The sample shows that women have essentially closed the gap in the areas where men traditionally score higher—independence, stress tolerance and problem solving. They have had to deal with stress throughout their careers and, at this stage, are more balanced in dealing with difficult situations. Also, they’ve been at a decision-making level for a significant amount of time and can manage the decision-making process well.

But the data also shows that women who make it to the level of senior executives moving onto boards bring some extra skills with them to the boardroom. These women outscore their male counterparts in emotional self-awareness, emotional expression and empathy. These skills have now emerged as defining future leaders.

What difference does it make having females on the board of directors?  The New York Times reported on a study by Credit Suisse looking at gender differences of board members. They examined almost 2,400 global corporations from 2005 to 2011, including the years directly preceding and following the financial crisis, and found that large-cap companies with at least one woman on their boards outperformed comparable companies with all-male boards by 26 percent.

The report continued, “Some might assume that there was a cost to this as well, that boards with women must have been excessively cautious before the financial crisis of 2008… Not so. From 2005 to 2007, Credit Suisse also found, the stock performance of companies with women on their boards essentially matched performance of companies with all-male boards. Nothing lost, but much gained.” Unfortunately, the number of women getting to the boardroom is still much lower than men.

Increase your emotional intelligence

Whatever your emotional intelligence strengths, you can develop and enhance the three specific traits exhibited strongly by women in leadership roles.

  1. Cultivate self-awareness. Practice can help you become more emotionally self-aware. Through activities like meditation and mindfulness, you can learn to focus more on what you’re feeling and why you’re feeling that way. Knowing yourself better will help you become more balanced and centered when dealing with stressful situations and people.
  2. Find the balance for emotional expression. Being emotionally expressive comes naturally for many people. There’s nothing wrong with letting others know when something is bothering you or when you’re pleased with someone’s work. Be honest and authentic. Expressing your feelings can make you more real and likeable as a person, especially when you learn to manage it well. On the other hand, being overly expressive or under expressive can lead to trouble.
  3. Make empathy your secret strength. Great leaders are empathic. They are able to listen to others and understand where they’re coming from. But don’t mistake empathy for believing you must give in to everyone’s wants and needs. Understanding another person’s situation helps you make better decisions about what feels right for you.

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Steven Stein, Ph.D., is a leading expert on psychological assessment and emotional intelligence. He is the founder and CEO of Multi-Health Systems, a leading publisher of scientifically validated assessments. Dr. Steven Stein is the author and coauthor of several books on emotional intelligence, including his new book, The EQ Leader: Instilling Passion, Creating Shared Goals, and Building Meaningful Organizations through Emotional Intelligence

Disclaimer: The views and advice given by our Guest contributors are not necessarily those of theglasshammer.com

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