So Glad to be Back!

When Google merged ALL of my accounts (why the heck did they do that?) I couldn't figure out how to log into blogger. Finally, they created a fix. It's good to be back.

Leadership Lessons: What Men Know...about Mentoring

Recently a man who serves as an executive sponsor of his organization's women's initiative attended a presentation I gave. Having heard what I said about The Secret 33%™ he commented,

"It’s hard to imagine business skills not being a big part of what goes on especially when you look at the discussions that happen at the executive director and officer level. The discussions that go on in the room among the people are really related to the business – how does the business go forward, how does the business evolve, where should the business be heading. That is where a lot of the...time on people’s calendars...on email and the content of email – it really is on the business and it’s very hard to imagine mentoring not addressing although our formal training doesn’t... Those of you who were listening to presentations would have observed that 99% of the discussion in his hour presentation was on strategy, and outcomes...” G.P. Chief Engineer

Like many organizations, the one referred to above puts little, if any, emphasis on formal education on business, strategic and financial acumen. Men (and women who are smart about how to use mentors or who have business-savvy mentors) are likely to get informal grooming on the business of business.

How does this compare with the content and competencies furthered by your company's women's initiatives?

At Leading Women, we know that business, strategic and financial acumen represent The Secret 33% of the career success equation for women. To learn more about what that means, why it's important, and what you can do about it; contact us and/or pick up a copy of No Ceiling, No Walls. You'll be glad you did!

Quantum Leap Forward: New Tools for Women's Advancement

"When it comes to women's advancement>"...in the last two years we’ve almost hit a point of stagnation, where we’re not seeing even that incremental change in the representation of women at the top. So it’s time to say, 'We’ve come this far, why haven’t we gone as far as we would like?' Companies need to take a more careful look at the programs they have in place around talent management and hiring practices to determine where there might be hidden biases." (e.a.) Christine Silva, Catalyst quoted in IT Business Edge

If your numbers aren't moving in spite of all your programs based on conventional wisdom, it's time to take a look at what Leading Women has to offer. Consider for example our 4-part series on Power Tools for Career Success (recently delivered to Professional Women in Healthcare).

1. The Secret 33%™ For decades, the paradigms underlying leadership development have been viewed as neutral - in spite of the fact that much the research at the root of these paradigms (dating back to the late 70s) was done on men. As a result, most leadership development initiatives over-focus on 2/3 of the leadership definition, leaving women at a disadvantage. This module explains the negative impact of the Missing 33%™ on leadership, career advice, mentoring, executive presence, self-promotion and more. It goes further to explain what it takes to turn The Missing 33% into The Secret 33% of the career success formula for women.
   
2. Think Like a CEO: Developing Business Acumen Anyone can think like a CEO if she is able to step back and look at the big picture of her business. This means understanding the 4 key outcome areas that executives pay attention to and keep in balance. While this knowledge won't guarantee advancement - without it women will undoubtedly hit a plateau in their careers.
   
3. Show Them the Money: Strategic and Financial Acumen Once women understand the 4 key outcome areas that executives pay attention to and keep in balance, they are able to more deeply understand and interpret strategy and the role financials play in setting and assessing strategy. This module delivers a simple model that makes this crystal clear.
   
4. Speak the Language of Power Without Losing Your Voice This capstone session provides women with actionable tools for demonstrating their enhanced business, strategic and financial acumen - and to do so with grace and authenticity.
   
   To see what else we're keeping our eye on these days, check us out on Facebook.
   
   Lead ON!
   Susan
   Susan Colantuono is CEO of Leading Women and author of No Ceiling, No Walls.
   Follow her on Twitter |  LittlePinkBook  |  Facebook  |  LinkedInGroup |  LinkedIn
   

SLOW and Unsteady Progress

Catalyst released its 2010 Census and it's receiving a bit of coverage (Today online, Seek4Media, MyStateline, Reuters, LifeInc). Conventional wisdom over the summer was that business had been experiencing a "mancession" and that we were experiencing "The End of Men."  I didn't believe a word of it, but because the facts are in opposition to the new conventional wisdom, this release by Catalyst is getting more than its usual coverage. Catalyst is reporting that

136 of Fortune 500 companies had no women executives, among them Exxon Mobil, Berkshire Hathaway, Citigroup, Costco Wholesale and Sears Holding. Women held 14.4 per cent of executive officer positions in 2010, up from 13.5 per cent in 2009, and female executive officers held 7.6 per cent of the top earning positions, up from 6.3 per cent last year, the 2010 Catalyst Census showed.

"This is our fifth report where the annual change in female leadership remained flat. If this trend line represented a patient's pulse, she'd be dead," said Ms Ilene Lang, president and chief executive of Catalyst, a non-profit organisation that advocates greater opportunities for women.

The best five companies in terms of women in the executive suite were Gap, H&R Block, Limited Brands, TIAA-CREF and Western Union.

More than 10 per cent of companies lacked any women on their boards last year and this year."

What bothers me about the coverage is that Ilene Lang's rationale for getting women into leadership is not one that's likely to convince boards and C-suite men to take action. She is quoted as saying, "To be successful, they have to have more points of view - people from all kinds of backgrounds - and have diversity in the senior leadership." A different winning argument would be that companies that have gender-neutral advancement practices (more outcome-oriented versus subjective) get more women to the top which is likely to account for the correlation between women at the top and financial performance. So, uncover and remedy bias in your systems if the top of diverse organizations is mostly male.

The Catalyst census also points to the importance of having sponsors (as opposed to mentors.) Don't get me started on this subject! Women have been told to get mentors (which actually meant sponsors back when the advice started in the 70s) for nearly 4 decades. Formalizing these mentoring programs eliminated the "sponsorship" element and revisiting this to establish formal "sponsorship" programs will do the same and we'll be looking for a new word in 40 years to describe the commitment of more senior people to help more junior advance.

Jenna Goudreau picks up the Catalyst information and writes about the discrepancies in impact between women and men who have mentors. Her bottom line advice is:

"Professional women should seek out mentors at the highest levels of leadership. Those that do are promoted at the same rate as men with mentors at the top. Less clear is why women’s compensation lags behind men’s even with a mentor at the top."

But advice to get a senior mentor (or sponsor) misses the point if you don't know what to seek from the relationship.

Special Tip for You!

At Leading Women we offer unconventional advice about how women can make the most of mentoring relationships. Hint: ask for a piece of P.I.E. Want to know more about what this means and how it can fuel your career success? Email me.

A few random links:  

• After the Glass Ceiling comes a Glass  Cliff
• Women Leave Management More than Men

These two studies relate in one way: "Almost 3% of women were dismissed from their jobs, the study found, while less than 1% of their male counterparts suffered the same fate."

•  Women Targeted as Whistleblowers
• Glass Ceiling Strong in CA
• More on Importance of "Sponsors"
• More on Unsteady Progress

Lead ON!
Susan
Susan Colantuono is CEO of Leading Women and author of No Ceiling, No Walls.  Follow her on Twitter.

How to Use a Mentor

Caroline Howard, deputy online editor of ForbesWoman asks an infrequently asked question: Do you know how to use a mentor? Here's my reply.

What great questions, Caroline. Especially the "how to use a mentor" question. It's a question not frequently asked.

Based on my research the vast majority of advice about mentoring over-focuses on WHY to get a mentor, the advice TO GET a mentor and advice on the PROTOCOL of a mentoring relationship (such as follow-through, have an agenda, etc.). There is very little written about how to use a mentor. That's why Leading Women's mentoring programs, my presentations and writing focus on how to use a mentor.

We focus on using mentors to fill in The Missing 33%™ and getting a slice of P.I.E. mentoring not just a piece of C.A.K.E. mentoring.

Using a mentor to fill in the missing 33% of the success equation means asking for help and experiences that enable you acquire or enhance your business, strategic and financial acumen. Women get far too little advice about the importance of this in building careers (our research indicates only about 2% of women get advice about the importance of understanding the business of your business.)

Asking a mentor to serve up a slice of pie P.I.E. means asking to learn about the fundamentals of business Performance, ways of enhancing your executive Image and gaining Exposure to the right kinds of opportunities, people and how decisions are made. When a mentor serves up a piece of C.A.K.E., she is helping you build Confidence, giving feedback about your strengths/Aptitude or advice to help with situations that are testing your positive Attitude, he is providing "K"onnections to Resources and Encouraging you to reach for an opportunity you might never have imagined. Read more here: CAKE and PIE

Most women receive, give and talk about C.A.K.E. mentoring. And we all know that C.A.K.E is a real treat. But, most successful men and women (including many of the F500 women CEOs) have received P.I.E. mentoring! The more women who know how to use mentors for P.I.E. mentoring and filling in the Missing 33%, the greater the numbers of women who will advance in their careers. This is one of my messages and the ways women can build thriving careers with no ceiling and no walls.

At Leading Women, we want more women to understand how to use a mentor, not just why. That's why our mentoring program is free for GOLD Members and is structured to help with The Missing 33% and P.I.E. mentoring.

Lead ON!
Susan
Susan Colantuono is CEO of Leading Women and author of No Ceiling, No Walls. She blogs on networking for PINK Magazine. Follow her on Twitter.