Women Leaders and Good Profits

Posted in News on September 30th, 2011 by azecha – Be the first to comment

As reported in the Oprah magazine, by Katie Arnold-Ratliff,  in 2001, marketing professor Roy D. Adler of Pepperdine University found that of the more than 200 Fortune 500 companies tracked for profitability over 19 years, the 25 organizations that most aggressively promoted women to executive positions had 34% higher profits as a share of revenue than the industry median. The 10 firms with excellent records of promoting women realized much higher profits than those whose records were considered very good.

I am not going to debate gender and leadership, however, it is very interesting that these results were confirmed in studies from 2004-200 as well.

Harness Your Power

Posted in News on September 30th, 2011 by azecha – Be the first to comment

Power enhances being goal oriented, self-interested and taking risks, all of which can be critical leadership qualities when used responsibly. That’s the key: to harness your power without it getting the best of you.

How? One of the most direct ways is though meaningful, timely and regular feedback from people who will be honest with you and with whom you share mutual trust and respect.

Ask for the feedback. Be open in wanting to know and learn from their opinions. Some examples:

“what am I doing that I should continue?” “what do I do well?’
“what could I do differently (please be specific)?”
“what should I consider stopping because it gets in the way, is annoying, isn’t effective?”
“what would be helpful for me to learn?” “who else can help me learn what I need to learn?”

Give people an opportunity to provide the feedback face-to-face, on the phone or in writing, whatever is easiest for them.

Of course you then need to do something with that input.