Most Powerful Women in Business

Fortune magazine created a “A Most Powerful Women” list (October 6, 2014), which celebrates their successes, and highlights some of the challenges encountered by these transformational leaders.

Alan Murray, Fortune’s Managing Editor says:
It’s no surprise some cynical observers have concluded that the glass ceiling has been replaced by a glass cliff.

Why? Because many of the “most powerful women” are running companies that are in precarious economic situations and could very likely fail. Addressing profits, innovation, and accountability issues will require exceptional leadership skills, and of course, they will need to manage gender biases.

A few of the “Most Powerful Women,” randomly selected:

Indra Nooyi – PepsiCo chairperson and CEO

  • Consistently ranked among the top executives in the world, Nooyi has led the world’s second-largest food and beverage enterprise in a time of extraordinary change. She has increased R&D spending 25%, with a focus on innovation to address rising demands for products that are conducive to healthy living.

Mary Barra – General Motors CEO

  • The first female chief executive officer in a major automotive company, Barra is considered an outstanding technician, and a well-respected leader. As an engineer, she had responsibility for GM’s 11 worldwide brands for their design, program management, and quality improvement efforts. She is known for her approachability and effectiveness, and for her vision. She must now lead the organization through their vehicle recalls and the need to change their corporate culture.

Denise Young Smith – Head of Human Resources at Apple

  • Young Smith champions transparency and communication at Apple, and adds diversity to the leadership team (which is a major fete as most of the 98,000 employees are white males). Some major areas of focus include increasing collaboration, reducing organizational silos, developing talent, and soliciting internal feedback, all fairly foreign to the Apple culture.

Ginni Rometty – IBM Chairman, President, CEO

  • Not only is she the first woman to lead IBM, Rometty has been named in the top leaders list for 3 consecutive years, and is also part of the “Most Powerful Women” list. She’s known for developing strategic partnerships, cost reductions, adding comfort to times of uncomfortable change, and that she has the “right leadership style for the job.”

It’s been noted that collaboration, a talent for listening, and a natural ability to manage interpersonal relationships are just a few of the leadership behaviors women bring to the business world. It’s also been said that “women don’t need to imitate men in order to be persuasive and authoritative, they simply need to be authentic.”

Does your organization include strong female leaders as part of its leadership team?

QwikTip and QwikCoach

PeopleTek’s Strategic partner, E-Coach, specializes in online coaching tools.

QwikTip for dealing with Constant and Challenging Change

And for those with a QwikCoach license, refresh your existing skills and acquire new skills by visiting the QwikTips library for leadership ideas and techniques.

If you don’t have QwikCoach, it’s an excellent resource for growing your leadership skills remotely that you should consider.

Learn More About QwikCoach

Help turn your leadership knowledge into leadership action!

Did You Know?

Graduates of PeopleTek’s Leadership Journey Earn:

  • IT Professionals: 19 priSM CPD credits
  • Human Resource SPHR/PHR/GPHR: 19 HR (General) credit hours
  • Project Managers: PMI – up to 37 hours / 3 PSM level points
  • Executive Coaches: 18 ICF CCE’s (Core Competencies) & 5 ICF CCE’s (Resource Development)

Additionally, the Journey is approved for PMI re-certification credits.

Must Have Traits For Successful Leaders

Like all skills, leadership must be continually honed. As we’ve stated before, what got you to where you are today will not allow you to continue to thrive and be impactful “tomorrow.”

Think in terms of the bottom line. Much is required of leaders.

Strong leaders:

  • Lead through and drive change
  • Reduce costs
  • Improve timeliness
  • Deliver with 100% quality
  • Have strong relationships
  • Know they can’t do “it” alone

10 Must Have Traits For Successful Leaders

Authors Dan Roberts and Brian Watson identified the following common traits found in successful leaders:

  1. Leaders take risks and are not afraid to pitch big ideas
  2. Leaders have the confidence to step up and resolve issues
  3. Leaders value people and understand the value their people bring to their organization
  4. Leaders make tough decisions
  5. Leaders are results-oriented and measure progress
  6. Leaders are innovators and strategists; they anticipate the future and lead through change to move their business forward (instead of becoming obsolete)
  7. Leaders are transformational, have a vision, and motivate their teams
  8. Leaders are self-aware; they learn from past successes as well as failures
  9. Leaders network and leverage their professional networks to share experiences for continued learning

And we’ll add another:

10. Leaders Are Authentic

This includes being trusted, displaying high levels of integrity, and following through on commitments. Matter of fact, we’ll venture to say if you are authentic, success is much more like to become a reality!

Would others consider you to be authentic?

QwikTip and QwikCoach

PeopleTek’s Strategic partner, E-Coach, specializes in online coaching tools.

QwikTip for Being a Better Leader

And for those with a QwikCoach license, refresh your existing skills and acquire new skills by visiting the QwikTips library for leadership ideas and techniques.

If you don’t have QwikCoach, it’s an excellent resource for growing your leadership skills remotely that you should consider.

Learn More About QwikCoach

Help turn your leadership knowledge into leadership action!

Did You Know?

Graduates of PeopleTek’s Leadership Journey Earn:

  • IT Professionals: 19 priSM CPD credits
  • Human Resource SPHR/PHR/GPHR: 19 HR (General) credit hours
  • Project Managers: PMI – up to 37 hours / 3 PSM level points
  • Executive Coaches: 18 ICF CCE’s (Core Competencies) & 5 ICF CCE’s (Resource Development)

Additionally, the Journey is approved for PMI re-certification credits.

Listen, Engage, and Prosper

Many leaders are faced with the exciting challenge of starting a new organization or leading a new team or project.

Some leaders are properly prepared to “show up,” make a great first impression, and know how to best engage their teams. Others not so much…

Coming together is a beginning. Keeping together is progress. Working together is success.
–Henry Ford

We suggest investigating the current “as is” situation and try to avoid having preconceived notions. You may have new direct reports, you may be the boss, but that does not mean you’re fully “in the know.”

How familiar are you with the new organization? Are they competent and thriving? Do they possess strong leadership skills, abilities, and talents? Are they meeting departmental goals? Even if you heard “no” to any of these questions, check it out for yourself.

Get to Know Your Team and Organization

A great way to begin is to ask key questions and get to know your team you’re leading on an individual level.

Listen and Engage

Start with the “people” side–learn a bit about each person. Then ask some thought-provoking business questions such as:

  • What are the biggest challenges you see facing the organization right now? Are there any you think may be an issue down the road?
  • Why do you believe these challenges are being faced?
  • What is the most proactive thing we can do for innovation and growth?
  • Do you have the tools, skills, and resources to obtain and grow results?
  • What are the needs required to achieve success?
  • If you were me, what would you do to lead this organization forward?

Simply gather the data; don’t criticize or minimize anything you’ve been told.

Listen, and show that each individual is being heard.

Prosper

Next, consolidate the responses into common threads and trends. You can then present these back to the team members that participated and determine next steps.

This exercise can provide you with invaluable data on how your team is thinking, identify resources necessary to succeed, and decide how to best achieve your vision, mission, and goals.

Invest in the time to know your team. Listen to them, engage them, and prosper!

Alone we can do so little; together we can do so much.
–Helen Keller

QwikTip and QwikCoach

PeopleTek’s Strategic partner, E-Coach, specializes in online coaching tools.

Check out this informative video of Mike Kublin and Dr. Rebecca Staton-Reinstein of Advantage Leadership discussing the importance of cooperation.

https://youtu.be/SLKqidYhAf4

And for those with a QwikCoach license, refresh your existing skills and acquire new skills by visiting the QwikTips library for leadership ideas and techniques.

If you don’t have QwikCoach, it’s an excellent resource for growing your leadership skills remotely that you should consider.

Learn More About QwikCoach

Help turn your leadership knowledge into leadership action!

Did You Know?

Graduates of PeopleTek’s Leadership Journey Earn:

  • IT Professionals: 19 priSM CPD credits
  • Human Resource SPHR/PHR/GPHR: 19 HR (General) credit hours
  • Project Managers: PMI – up to 37 hours / 3 PSM level points
  • Executive Coaches: 18 ICF CCE’s (Core Competencies) & 5 ICF CCE’s (Resource Development)

Additionally, the Journey is approved for PMI re-certification credits.

Invest in Your People

Have you seen the below posted in social media sites?

The CFO asks:

  • What if we invest in our people, and they leave?

To which the CEO responds:

  • What if we don’t, and they stay?

How do you interpret this?

We believe that a job needs to be a good fit for the person seeking it, and equally important is that the person be a good fit for the job.

When do you invest in someone? Why?

As we begin year end processing, does action need to be taken against development plans?

How about getting a jump start on 2015?

An investment to increase awareness levels, confidence, and competency levels of members of your organization will serve you well, and PeopleTek can help.

We’re currently accepting applications for our Leadership Journey programs.

Enroll Today for our upcoming events!

Who would you like to help grow professionally?

Read what Journey Graduates have said!

To Develop or to Train?

As a leader, would you provide training for your staff, or do you develop them through coaching (either via group or one-on-one programs), through mentorships, and by providing timely and meaningful feedback?

If what you desire is a robotic, static thinker – train them. If you’re seeking innovative, critical thinkers – develop them.
–Mike Myatt

Differentiators Between Training and Development

Mike Myatt provides 20 of these. We’ve picked a few to highlight, and have provided commentary.

Development focuses on people – Training focuses on technique/content/curriculum.

  • “People” skills are frequently down-played. While each person requires their own individual development plan, which may include technical training, it’s essential that soft skill development be included. Think in terms of what would help them grow as a leader? How could your organization’s value improve?

Development tests courage – Training tests patience.

Development focuses on the future – Training focuses on the present.

  • Where are you now, and where do you want to be? What steps are required for the transformation to occur? How can comfort zones be expanded?

Development focuses on maximizing potential — Training adheres to standards.

  • Building bench-strength, grooming successors, and increasing levels of influence is what allows organizations (and individuals) to grow and thrive.

Development catalyzes innovation – Training maintains the status quo.

  • Encourage healthy conflict (difference of opinions/new ways of looking at situations and taking action against goals).

Development enriches culture – Training stifles culture.

  • Ideally your team culture will be enriched with a blend of focus on accuracy, stability, support, collaboration, enthusiasm, action, challenge and results.

Development is infinite – Training is finite.

  • Or as we like to say “Leadership is a process, not an event!”

Are your leaders being trained or developed? What are you doing for personal development?

QwikCoach

PeopleTek’s Strategic partner, E-Coach, specializes in online coaching tools.

For those with a QwikCoach license, refresh your existing skills and acquire new skills by visiting the QwikTips library for leadership ideas and techniques.

If you don’t have QwikCoach, it’s an excellent resource for growing your leadership skills remotely that you should consider.

Learn More About QwikCoach

Help turn your leadership knowledge into leadership action!

Did You Know?

Graduates of PeopleTek’s Leadership Journey Earn:

  • IT Professionals: 19 priSM CPD credits
  • Human Resource SPHR/PHR/GPHR: 19 HR (General) credit hours
  • Project Managers: PMI – up to 37 hours / 3 PSM level points
  • Executive Coaches: 18 ICF CCE’s (Core Competencies) & 5 ICF CCE’s (Resource Development)

Additionally, the Journey is approved for PMI re-certification credits.