the inner edge

September 5, 2014 by sereynolds

Joelle Jay and “The Inner Edge” Featured In FastCompany

I’m happy to share some exciting news with you all this Friday: today I appeared on FastCompany! In my article, Why Most Leadership Development Programs For Women Fail and How to Change That, I discuss my experience with leaders of Fortune 500 companies and the challenges that arise with leadership development programs for women. I also share a few tips that, if implemented, would make these programs more successful.

From FastCompany:

When it comes to leadership development, a focus on women is all the rage.

As an executive coach working with senior leaders in Fortune 500 companies, I have seen a noticeable uptick in the interest in developing female leaders. Companies are boasting about their efforts to attract and retain women, and we see more and more female-centric lists popping up: the most powerful women, spotlights on up-and-coming women, and companies where women want to work.

Employee networking groups for women have also sprung up like wildflowers, and with them came websites, blogs, and special programs, all of them heralding the efforts being made to bring more women into leadership.

With all this hoopla, surely women are making great strides in the business world. Or are they?

Behind the veneer of enthusiasm, the numbers of women in the top leadership positions at most companies remain largely the same. In America’s top companies, only 4.6% of Fortune 500 CEO positions and 16.9% of corporate board positions are currently held by women–numbers that have barely moved in a decade.

Statistically speaking, men still have the upper hand:

They represent 80% of the executive suite and corporate boards
They hold 87% of line officer positions
They hold almost 70% of management and top management positions
They are twice as likely as women to advance and nearly four times as likely to make the jump to CEO
Meanwhile, women hold about 14% of executive officer positions, 17% of board seats, and only 3% to 4% of CEO positions.”
Mentoring programs and recruitment efforts notwithstanding, the real status of women in corporate America reflects the status quo at best. With such a track record, even the most well-intentioned corporate leaders risk inviting the cynical perspective that what they really want is a way to pretty up their image–to show off their efforts with women without really making a change.

Presumably, some companies really do want to balance their leadership teams with greater diversity. Here’s how they can get started:

1. START AND END WITH THE NUMBERS
This isn’t about quotas; it’s about data.

Companies with a poor track record of advancing women have logically been hesitant to reveal the truth about their (lack of) diversity. Companies that want to take advantage of the significant benefits of a balanced leadership team need to get the facts and track their progress: How many women are actually being advanced as a result of their leadership development and recruitment efforts? How is the face of the company changing year over year?

CEOs who would never stand for stagnant profits need to stop standing for a stagnant population of their leadership roles.

2. GIVE PROGRAMS TRACTION
An online forum for women does not a balanced company make. Leadership development programs that ostensibly prepare women for leadership roles without ever putting them into those roles merely raise the self-image of the companies that offer them–not the women themselves.

In sponsorship programs, the sponsors of women must take action to open doors for women. In employee networking groups, women must have opportunities to network with powerful leaders who can help them advance–not just other women or lower level leaders with good ideas but little influence.

3. INCLUDE MEN IN WOMEN’S LEADERSHIP
Recently at a leadership development program being kicked off by a large international company, the program’s sponsor proudly welcomed the women and engaged the participants in a sincere dialogue about the company’s desire to help women succeed. A woman in the front row raised her hand and asked, “I think it’s great our company is helping women to advance themselves. What are the efforts being made to include the men who hold leadership and management positions, so that they will also help to advance women?” Many companies wouldn’t have an answer.

The effect of programs to advance and retain women that aren’t backed by action amount to little more than the revving of an engine, with the parking break firmly engaged.

Having worked with many executives from wide-ranging companies–on Wall Street and in Silicon Valley, from Times Square to the Las Vegas strip–I can say with confidence that many company leaders spearheading efforts to advance and retain women are intentional and sincere.

Results indicate that these steps will be worth the effort. Companies with more women in leadership have been shown to outperform their competition by more than a third. A strong representation of women leads to improved organizational health, global competitive advantage, responsiveness to stakeholders, and a better public image.

Perhaps instead of glorifying the efforts of companies trying to showcase their programs for women–the beauty contest approach to public relations–we should be spotlighting the companies that truly make a change.

Companies that don’t risk becoming dinosaurs in the eyes of their customers, who expect corporate leadership to step into the times. If companies don’t hold themselves accountable, the public will, as talented women choose to work elsewhere and consumers choose to work with companies that reflect a diverse and changing world. A focus on results will ensure companies’ efforts to promote women are not just a trend, but a transformation.

If we haven’t already, let’s connect on Twitter and Facebook!

August 26, 2014 by sereynolds

Best of the Blog: August Edition

As we move into the fall months, it’s important to maintain focus, channeling our drive and motivation to make our vision a reality. Fall is a time of change for many, so it’s the perfect time to take action and potentially shift to the right path that will help us reach our goals!

The three blog posts from the last month, highlighted below, reflect actions that can be taken to achieve just that: get clarity, use your imagination, and tap into your brilliance. When practiced in that order you can move forward with a course of action that highlights your strengths and creativity, as outlined in The Inner Edge.

Are you ready to embrace change and follow your new course of action? Let’s explore some the steps that can be taken, featured on this blog over the last month:

In Getting Clarity on Your Vision: An Interview with Patrick Byrne, CEO of Overstock.com I reveal my conversation with Patrick, and the insights he gives on how to refine your vision as we move into the last quarter of the year. Patrick is an inspiration for me, and words are something to keep close at hand if you’re having trouble narrowing your focus. When it comes to helping a vision materialize, he shared with me a powerful personal anecdote:

“But just as I have to help other people see that vision, I have to stay committed to it myself. In this role, I become the entrepreneur constantly reaching for that next horizon and driving toward it every day.

I’ve had cancer three times. Each time I recovered I took a bike ride across the states, from California to New York. As I was bicycling I used to think about the Atlantic Ocean. I’d think to myself, “As along as I’m pointed east and I’m still pedaling I have to be getting closer.”

In business, this same kind of ongoing commitment to following the right direction has to be a habit, a personal characteristic. We don’t have that same kind of concrete destination, but we do have a vision, and we have to keep moving towards it. Entrepreneurs have to overcome insurmountable obstacles. We have to keep on pushing ourselves. Once in awhile someone invents something that’s intrinsically a brilliant idea, but it really is the perspiration that makes it happen. It’s perspiration in the face of not knowing if you’re going to succeed. It’s not knowing how high the rock face is that you’re going to climb, but you’re going to keep climbing anyway.”

You can use imagination to refine your vision, and to develop creative ways to achieve it. In The Role of Imagination in Business: An Interview with Michael Gerber, founder of E-Myth Worldwide I shared a conversation I had with another CEO, Michael Geber, who founded E-Myth Worldwide. When discussing how imagination plays into leadership and business, Michael said: “The imagination, the spiritual self, has nothing to do with business, but it has everything to do with business. No one can expect to lead any venture or opportunity with any success to the degree they leave out the soul of the process. It’s the soul of the process that brings leadership to life.”

Now that you’ve isolated your vision and channeled your imagination, it’s time to understand your distinct natural attributes and be able to leverage them in the most powerful way. In Tap Into Your Brilliance Now: An Excerpt From “The Inner Edge” I give an excerpt and exercise from one of the practices in The Inner Edge. The philosophy behind the practice of tapping into your brilliance is that you are hardwired with certain characteristics that make you you – distinctly, irreplaceably, inimitably you. If you don’t know what those characteristics are, don’t worry. I also provide a quick exercise to help you “map your DNA,” or map a simple list of your strongest positive and negative attributes.

You can connect with Joelle on Twitter and Facebook.

August 22, 2014 by sereynolds

Tap Into Your Brilliance Now: An Excerpt From “The Inner Edge”

The following is an excerpt from The Inner Edge: The 10 Practices of Personal Leadership, and discusses the fourth practice – tap into your brilliance.

You are hardwired with certain characteristics that make you you – distinctly, irreplaceably, inimitably you. The way you live, the way you learn, and the way you lead – all of these are guided by the gifts you were given at birth and the ones you have collected in the course of your life. Knowing these attributes gives you tremendous power.

To be able to tap into your brilliance, you must answer the question “What makes you unique?” You need to discover your distinct natural attributes – your DNA. Your distinct natural attributes include personal characteristics like these:

Strengths
Weaknesses
Personality
Preferences
Virtues
Vulnerabilities
Style

Like your genetic DNA, your distinct natural attributes define what’s true about you. What’s genuinely true about you – the good and the bad – is also what’s great about you.

To tap into your brilliance, you need to understand your distinct natural attributes (your DNA) and be able to leverage them in the most powerful way.

Tapping into your brilliance involves three phases. First, you identify your distinct natural attributes. Second, you investigate those attributes so you see their full promise. Third, you learn to leverage your DNA to reach your vision and goals. Eventually, this process won’t feel like a process at all. It will be the way you look at who you are and what you can do.

THE BEST OF YOU AND THE REST OF YOU

The first step in tapping into your brilliance is to identify and map your DNA. Your DNA map is a simple list of your strongest positive and negative attributes. Your strengths and weaknesses. The best of you and the rest of you.

To map your DNA – at first, anyway – you write down characteristics you’ve discovered in yourself so you can see them at a glance. When you do this, you’ll want to include a mix of distinct natural attributes: your characteristics, behaviors, talents, learning styles, and so on. Other self-evaluation tools sometimes focus specifically on one aspect of your attributes – either your activities or your skills or your behaviors. For our purposes, that would be too narrow a view. We want to know it all. So we will take a very broad view of your attributes. Everything counts. Your talents, your activities, your character traits, the way you think, the way you behave – all of it is fair game at this stage for mapping your DNA.

You can get started identifying your DNA by using your own insight and self-awareness.

EXERCISE

Off the top of your head, write down what you believe to be a few of your positive and negative traits. This will give you a glimpse of the attributes you can leverage in the service of your vision and goals.

June 23, 2014 by sereynolds

5 Practices for Leading from Within

With the World Business Executive Coach Summit underway I have been thinking a lot about the critical components that go into leadership, and how leaders can use those components to better both themselves and their business.

In the past few years leaders have been presented with a new set of challenges as businesses have been hit hard with a talent crunch, a generational shift, and an economic downturn, and that’s all on top of the usual 21^st century challenges of globalization, innovation, and technology. Leaders must rise to the challenge. They must, and they will. But in order to do so successfully, they must learn to not only lead their organizations, but also lead themselves. They must learn to practice personal leadership.

Personal leadership is the leadership of the self. It is the ability to define a direction for your life and leadership, and to move in that direction with consistency and clarity over time. In a positive, unselfish way, personal leadership means putting yourself first. Literally speaking, personal means “about you;” leadership means “coming first.” When you practice personal leadership, you “lead from the ‘inside out.’” The process involves asking yourself, “How do I need to be and act and think in order to be my best?” – a kind of self-driven style well-suited to dedicated leaders who will carry business into the future.

To practice personal leadership, you apply the principles of leadership that make businesses a success…to yourself. So what are these principles, broken down into the critical components and made more digestable for leaders in the digital era who face daily information overload?

Here are five practices for leading from within, from my book The Inner Edge: The 10 Practices of Personal Leadership:

Get clarity. What do you want? Getting clarity means being able to connect clearly and instantly to your long- and short-term ideas about success. In business, this practice often equates to setting a company vision. While a vision is a powerful thing, it’s not quite what you need as a leader. You may have a personal vision for yourself, but in addition, you need the skill of getting clarity on that vision again and again over time. Your vision will change as you change. Getting clarity ensures you don’t make changes in a direction you don’t want to go.

Find focus. Pay attention to where you’re putting your focus and energy. When you find focus, you fix your attention on top priorities even when the world around you is pulling you away. In business, focus shows up in the form of a strategic plan. The strategic plan makes it possible for everyone in an organization to see in a single document the vision, mission, goals, strategies and so on of an organization so they can all can stay on the same page. As a leader, you also need a one-pager to remind you of your priorities – maybe not down an exhaustive list of tactics, but at least the short list of areas that matter most to you. Having such focus is crucial especially in challenging times.

Take effective action. Have you ever spent a whole day busy at work, only to end it wondering if you actually got anything done? You can stop spinning your wheels and start driving with direction, quickly, easily, and with time to spare. Action items are the language of productivity in organizations, but as a leader you need more than a task list. You need to practice the mindsets and approaches to decision-making that help you take only the most effective actions and leave the rest behind. In his research for the book Good to Great, Jim Collins found this kind of results-oriented commitment to action to be one of the hallmarks of leadership in successful organizations. Having witnessed the “the quiet, dogged nature” of effective leaders, he concludes, “Disciplined action without disciplined thought is a recipe for disaster.”

Tap into your brilliance. Simply put, find out what’s unique about you, both positive and negative, and use your uniqueness to your advantage. In an effort to grow human capital, organizational leaders are constantly trying to attract and retain talent. When you tap into your brilliance, you make the most of the talents you already have. This practice captures the spirit of what author and former Gallup researcher Marcus Buckingham (Now, Discover Your Strengths and Go, Put Your Strengths to Work) calls “a strengths approach” to leadership. The philosophy is that we are at our best when we are aligned with our strengths.

Based on Gallup’s 40 year study of human strengths as described in Tom Rath’s StrengthsFinder 2.0, “People who have the opportunity to focus on their strengths every day are six times as likely to be engaged in their jobs and more than three times as likely to report having an excellent quality of life in general.

Feel fulfillment. In order to be your most effective as a leader, you get to discover what drives you – your values, meaning and purpose – so that you feel fulfilled. “Fulfillment” may not sound like a critical business result, but it is an essential requirement for great leaders.

Stephen Covey writes, “Deep within each one of us there is an inner longing to live a life of greatness and contribution – to really matter, to really make a difference.” Bolman and Deal, authors of Leading with Soul, agree: “Each of us has a special contribution to make if we can shoulder the personal and spiritual work needed to discover and take responsibility for our own gifts.

You can find the remaining best practices and more tips in The Inner Edge.

I also invite you to join Howard Morgan and myself on Wednesday, June 25 at 4 p.m. EDT at the WBECS 2014 as we discuss what is critical to understand when you are coaching someone who is a different gender than you. You can find more information here. Feel free to Tweet me at @JoelleKJay!

You can connect with Joelle on Twitter and Facebook.