Category Archives: Leadership

Spotting a Good Leader

Spotting a Good Leader

GUEST POST from Mike Shipulski

When the team can get things done without the leader, that’s the sign of a good leader.

If the organization bypasses the leader and goes directly to the subject matter experts, that’s because the leader trusts the subject matter experts.

When subject matter experts are trusted, they do amazing work. Good leaders know that.

When a team leader tells you they made a mistake and take full responsibility for it, they make it safe for you to do the same.

When the team can write a good monthly report while the team leader is on vacation, that’s good for the company and the people who can write a good report on their own.

Good leaders know that they make mistakes and know you will too. And, they’re okay with all that.

When a leader won’t tell you what to do, it’s because she believes in you and knows you’re the best person to figure it out.

When a leader says “I don’t know.” they make it safe for team members to do the same.

When a team leader defers to you, that leader knows the limits of their knowledge and yours.

When a leader responds to your question with a question, the leader is helping you answer your question so you can answer it next time on your own.

Good leaders know that sometimes good people don’t know the answer. And they’re okay with that.

When a leader is comfortable with you reaching out to their boss without their knowledge it’s because that leader has told you the truth over the last several years.

Good leaders don’t celebrate failure, they celebrate learning.

When a leader asks you to use your best judgment, that’s a compliment.

When leaders show their emotions in front of you, it demonstrates that they trust you.

Judge a leader by the performance of people on their team.

Image credit: Pexels

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The Paradox of Innovation Leadership

GUEST POST from Janet Sernack

Most of us are aware that both the organizational leadership and cultural paradigms have shifted, due to the accelerating demands of the current global VUCA/BANI operating environment. Requiring us to make sense of and navigate the paradoxical nature of innovation leadership. By developing multiple perspectives to re-think how to respond positively and creatively to the high levels of tension and range of massive disruptions we collectively face in our current high-speed, constantly changing, global operating environments.

According to Otto Scharmer in a recent article for Resilience Magazine, we are facing a looming paradox – “we know almost everything that is necessary to prevent civilizational collapse – we have most of the knowledge, most of the technologies, and all the financial means necessary to turn things around – and yet we are not doing it”.

To truly differentiate ourselves and do the “right things” as adaptive and agile 21st-century leaders, and coaches, it’s crucial to learn the “soft skills” required to cultivate true, and relevant multiple perspectives. To better serve people and unlock and mobilize their collective genius to co-create a future that is regenerative, peaceful, and just, for all of humanity.

What is a paradox?

In a White Paper – Managing Paradox, Blending East and West Philosophies to Unlock Its Advantages and Opportunities from the Center for Creative Leadership, authors Jean Brittain Leslie, Peter Ping Li, and Sophia Zhao, use the term “paradox as a general term to describe the tensions individuals face due to the coexistence of conflicting demands”.

That a paradox can also be described as tensions, dilemmas, conundrums, polarities, competing values, and contradictions, and have these principles in common:

  • It is often difficult to see the presence of paradoxes in organizational life and in a VUCA and BANI world.
  • They are not problems that can be solved, as they are often unsolvable.
  • They are of cyclical or recurring nature.
  • They can polarize individuals into groups.
  • They are potentially positive when managed.
  • Managing paradox involves developing a mindset (and perspective) beyond “either/or” logic (A is either B or not B).

Polarity is the preferred term used in long-time practitioner Barry Johnson’s work. Duality is also used, referring to the yin-yang perspective on a paradox – a pair of opposite elements that can be both partially conflicting and partially complementary.

Mastering the paradoxical nature of innovation leadership requires developing the soft skills to hold two trains of competing or complementary thoughts, or perspectives, simultaneously. This enables innovation leaders to connect to, explore, navigate, and discover new territories to sense possibilities, seize opportunities, and simultaneously solve complex systems and challenging problems differently – in ways that add value to the quality of people’s lives they appreciate and cherish.

Why is it important to navigate a paradox?

Innovation leadership involves cultivating a paradoxical mindset that enables us to work outside of the “either/or” binary and logical perspective and work within the “both/and” non-logical and multiple perspectives, by knowing how to see both the:

  • Perspectives clearly,
  • Positive and negative consequences of each perspective,
  • Interrelationship and interdependence between each perspective.

Shifting perspectives – Taking a skills-based approach

A recent MIT Sloane article “Taking a skills-based approach to culture change” reinforces how important it is to support digital, cultural, and other transformation initiatives by developing people’s “soft skills”, through innovation leadership learning initiatives, specifically to develop the thinking skills required to hold multiple perspectives:

 “Unlike most types of culture initiatives, a skills-based approach can more effectively infuse new culture components into scale-ups and international incumbents alike. This approach is particularly effective for developing what many refer to as soft skills, such as perspective-taking. This ability to step outside one’s own perspective to understand another person’s point of view, motivations, and emotions helps build a psychologically safe environment in which people dare to share ideas and unfiltered information”.

  • Developing perspective-taking skills is fundamental to mastering the paradoxical nature of innovation leadership. It enables leaders and coaches to connect to, explore, navigate, and discover new territories to catalyze and harness people’s collective genius and shift perspectives differently.
  • Developing the 21st-century leadership superpowers necessary to reimagine, reinvent, design, and deliver innovative solutions to complex and challenging problems.

Making the shift – Taking the first steps

Barry Johnson’s work states that:

“Managing paradox involves moving from focusing on one pole as the problem and the other as the solution (either/or thinking) to valuing both poles (both/and thinking)”.

This is supported by a recent article “The Six Paradoxes of Leadership” by PWC:

 “Paradoxes are not new to leaders, but they are becoming have become increasingly important for leaders to navigate”.

Drafting six key questions for leaders and coaches to consider by hitting their “pause buttons” and directing their focus and attention:

 “The most urgent in today’s context and will remain important in the future. The paradoxes should be considered as a system; they impact each other and all need to be balanced simultaneously. To truly differentiate yourself as a leader, learning how to comfortably inhabit both elements of each paradox will be critical to your success.”

These multiple perspective-shifting questions include:

  1. How might you, as both a leader (and coach) learn how to navigate a world that is increasingly both global and local?
  2. How might you, as both a leader (and coach), learn how to navigate both the politics of getting things to happen and retain your character and integrity?
  3. How might you, as both a leader (and coach) develop the confidence to act in an uncertain (and BANI) world and the humility and vulnerability to recognize when you are wrong?
  4. How might you, as both a leader (and coach) learn how to execute effectively whilst also being both tactical and strategic?
  5. How might you, as both a leader (and coach) become increasingly tech-savvy and remember that organizations are run by people, for people?
  6. How might you, as both a leader (and coach) apply the learnings and successes of the past to help guide and direct you in the future?

Making the shift – Learning the innovation leadership fundamentals

At ImagineNation™  we have accredited more than 100 leaders and coaches globally as professionally certified coaches for innovation in our global bespoke online coaching and learning products and programs has validated three key poles innovation leadership requires.

Which is to know how to effectively move from focusing on one pole as the problem and the other as the solution (either/or thinking) to valuing both poles (both/and thinking) and developing multiple perspectives:

  • Both Push and Pull: noticing when people are neurologically stuck in a flight/fight/freeze mode and are reticent and unable to make the shift toward a desired future state. Leaders and coaches can safely push people towards what is urgent and “necessary” to change to survive, and simultaneously pull them towards both the benefits, rewards, and desirability of the future state and towards mobilizing them towards energetically engaging and enrolling in it.
  • Both Strategic and Tactical: noticing when people are so busy that they “can’t see the forest for the trees”, or are caught up and lost in tasks, and activities involved in getting things done, quickly, and often thoughtlessly. Leaders and coaches can focus on both what they are trying to achieve, and why they are trying to achieve, it whilst simultaneously engaging people in completing the task and observing and considering it strategically and systemically.
  • Both In the Box and Out of the Box: noticing what are peoples’ core operating systems, and being present to what is true and real for them, without judgment and with detachment. Leaders and coaches can focus both on “what is” the person’s perspective, situation, and current reality, whilst simultaneously evoking, provoking, and cultivating “what could be possible” and eliciting unconventional multiple perspectives that catalyze creative thinking differently strategies.

Grappling with the future is paradoxical

Today’s strategic landscape is like nothing we have ever seen before, which makes innovation leadership and innovation coaching skills more important than ever.

To re-think for a new age, how to courageously confront and solve serious dilemmas and complex problems, how to adapt to complex systems, be creative in transforming time, people, and financial investments in ways that drive out complacency and build change readiness.

To then deliver deep and continuous change and learning to equip and empower innovation leadership to develop the multiple perspectives required to deliver valuable and tangible results, whilst simultaneously opening new pathways to a future that is regenerative, peaceful, and just for all of humanity.

Image Credit: Pixabay

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Are You an Innovation Leader or Manager?

Are You an Innovation Leader or Manager?

GUEST POST from Robyn Bolton

“Leader” is a word that gets thrown around A LOT.

Senior Management Teams are now Senior Leadership Teams.

Business schools no longer train managers. They “educate leaders.”

Training programs for specific skills are now “Leadership Development Programs”

If “innovation” is a buzzword (and it is), then “leadership” is the grand poo-bah of buzzwords.

Let’s get one thing straight.

“Leadership,” as it is commonly used, is the “extra-ordinarization of the mundane.”

But it’s not meant to be.

If you are a leader, you use your personal qualities and behaviors to influence and inspire others to follow you because they choose to (not because the org chart requires them to). Any person, anywhere in the org chart, can be a leader because leadership has nothing to do with your position, responsibilities, or resources.

If you are a manager, executive, or senior executive, you have positional power, usually earned. These terms put you in a particular place in the org chart, define your scope of responsibility, and set guardrails around the human and financial resources you control.

There is nothing wrong with being a manager (or executive or senior executive). Those positions are earned through hard work and steady results. They are titles to aspire to, be proud of, and use in a professional setting.

But if you run around telling people you’re a leader, well, to misquote Margaret Thatcher, “Being a leader is like being a lady. If you have to tell people you are, you aren’t.”

Are you a leader?

There are thousands of books on leadership, millions of articles, and hundreds of experts. I am not a leadership expert, but I know a leader when I meet one. The same is true for the people around you. 

What do we see that helps us know whether or not you are a leader?

If the dozen articles I skimmed for this post are any indication, everyone has their own list, but there are some common items. To find the most frequently mentioned, I asked ChatGPT to list the qualities and behavior distinguishing leaders from managers and executives. 

Here’s what I got:

Here are my reactions:

  1. Uh, ok. This leadership list feels like what an executive should do, but I guess the difference between the two (executives focus on strategy, and leaders inspire and connect) proves my point (which is a bit discouraging)
  2. It feels like some leadership qualities are missing (e.g., empathy, fostering psychological safety, inspiring trust)
  3. Kinda surprised to see other leadership qualities (do you need to “foster creativity and innovation” to be a leader?)

That 3rd thought led to a fourth – if “fostering creativity and innovation” is a quality shared amongst all leaders, then is there a difference between business, operational, and innovation leaders?

Are you an innovation leader?

I’ve worked for and with leaders, and I can say with absolute confidence that while each of them was a great leader, few were great leaders of innovation.

Why? What made them great leaders in business and operations but not in innovation?

Do you even need to be good at leading innovation if you’re good at managing it?

What does it even mean to be an “innovation leader?”

What do you think?

Off the top of my head, qualities specific to innovation leaders are:

  1. Patient for revenue, impatient for learning and insights
  2. Oriented to action, not evaluation (judging)
  3. Curious and questioning, not arrogant and answering

What am I missing (because I know I’m missing a lot)?

What characteristics have you experienced with innovation leaders that make them unique from other types of leaders?

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Four Transformation Secrets Business Leaders Can Learn from Social and Political Movements

Four Transformation Secrets Business Leaders Can Learn from Social and Political Movements

GUEST POST from Greg Satell

In 2004, I was managing a major news organization during the Orange Revolution in Ukraine. One of the things I noticed was that thousands of people, who would normally be doing thousands of different things, would stop what they were doing and start doing the same things all at once, in nearly complete unison, with no clear authority guiding them.

What struck me was how difficult it was for me to coordinate action among the people in my company. I thought if I could harness the forces I saw at work in the Orange Revolution, it could be a powerful model for business transformation. That’s what started me out on the 15-year journey that led to my book, Cascades.

What I found was that many of the principles of successful movements can be applied to business transformation. Also, because social and political movements so well documented—there are often thousands of contemporary accounts from every conceivable perspective—we can gain insights that a traditional case studies miss. Here are four principles you can apply.

1. Failure Doesn’t Have To Be Fatal

One of the things that amazed me while researching revolutionary movements was how consistently failure played a part in their journey. Mahatma Gandhi’s early efforts to bring independence to India led to the massacre at Amritsar in 1919. Our own efforts in Ukraine in 2004 ultimately led to Viktor Yanukovych’s rise to power in 2010.

In the corporate context, it is often a crisis that leads to transformational change. In the early 90s, IBM was nearly bankrupt and many thought the company should be broken up. That’s what led to the Gerstner revolution that put the company back on track and a similar crisis at Alcoa presaged record profits under Paul O’Neil.

In fact, Lou Gertner would later say that failure and transformation are inextricably linked. “Transformation of an enterprise begins with a sense of crisis or urgency,” he told a groups of Harvard Business School students. “No institution will go through fundamental change unless it believes it is in deep trouble and needs to do something different to survive.”

What’s important about early failures is what you learn from them. In every successful transformation I researched, what turned the tide was when the insights gained from early failures were applied to create a keystone change that set out a clear and concrete initiative, involved multiple stakeholders and paved the way for a greater transformation down the road.

2. Don’t Bet Your Transformation On Persuasion

Any truly transformational change is going to encounter significant resistance. Those who fear change and support the status quo can be expected to work to undermine your efforts. That’s fairly obvious in social and political movements like the civil rights movements or the struggle against Apartheid, but often gets overlooked in the corporate context.

All too often change management efforts seek to convince opponents through persuasion. That’s unlikely to succeed. Betting your transformation on the idea that, given the right set of arguments or snappy slogans, those who oppose the change that you seek will immediately see the light is unrealistic. What you can do, however, is set out to influence stakeholders who can wield influence.

For example, in the 1980s, anti-Aparthied activists activists led a campaign against Barclays Bank in British university towns. That probably did little to persuade white nationalists in South Africa, but it severely affected Barclays’ business, which pulled its investments from South Africa. That and similar efforts made Apartheid economically untenable and helped lead to its downfall.

In a corporate transformation, there are many institutions, such as business units, customer groups, industry associations, and others that can wield significant influence. By looking at stakeholder groups more broadly, you can win important allies that can help you drive transformation forward.

3. Be Explicit About Your Values

Today, we regard Nelson Mandela as an almost saintly figure, but it wasn’t always that way. Throughout his career as an activist, he was accused of being a communist, an anarchist and worse. When confronted with these accusations, however, he always pointed out that no one had to guess what he believed in, because it was written down in the Freedom Charter in 1955.

Being explicit about values helped to signal to external stakeholders, such as international institutions, that the anti-Aparthied activists shared common values. In fact, although the Freedom Charter was a truly revolutionary document, its call for things like equal rights and equal protection would be considered utterly unremarkable in most countries.

After Apartheid fell and Mandela rose to power, the values spelled out in the Freedom Charter became important constraints. If, for example, a core value is that all national groups should be treated equal, then Mandela’s government clearly couldn’t oppress whites. His reconciliation efforts are a big part of the reason he is so revered today.

Irving Wladawsky-Berger, one of Gerster’s key lieutenants, told me how values played a similar role during IBM’s turnaround years. “The Gerstner revolution wasn’t about technology or strategy, it was about transforming our values and our culture to be in greater harmony with the market… Because the transformation was about values first and technology second, we were able to continue to embrace those values as the technology and marketplace continued to evolve.”

4. Every Revolution Inspires A Counter-Revolution

After the Orange Revolution ended in 2005, we felt triumphant. We overcame enormous odds and had won. Little did we know that there would be much darker days ahead. In 2010, Viktor Yanukovych, the man we took to the streets to keep out of power, was elected president in an election that international observers judged to be free and fair.

While surprising, this is hardly uncommon. Similar events took place during the Arab Spring. The government of Hosni Mubarrak was overthrown only to be replaced by that of Abdel Fattah el-Sisi, who is possibly even more oppressive. Harvard professor Rita Gunther McGrath points out that in today’s business environment, competitive advantage tends to be transient.

The truth is that every revolution inspires a counter-revolution. That’s why the early days of victory are often the most fragile. That’s when you tend to take your foot off the gas and relax, while at the same time those who oppose the change you worked to build are just beginning to plan to redouble their efforts.

That’s why you need a plan to survive victory from the start rooted in shared values. In the final analysis, driving change is less about a series of objectives than it is about forming a common cause. That’s just as true in a corporate transformation as it is in a social or political revolution.

— Article courtesy of the Digital Tonto blog
— Image credit: Pixabay

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Why Not Now?

Why Not Now?

GUEST POST from Mike Shipulski

If you are anxious, you’re worried about what might happen. You’re living in the future. If you are sad or angry, you’re reacting to what happened. You’re living in the past. Nothing can be accomplished when living in the past because the die is cast. And nothing can be accomplished when living in the future because it’s all in your head. The only time we have is now.

The only time to start is now. Even if your project is a short one, you’re in a day-for-day slip with your completion date for every day you don’t start. And this is doubly true for long projects. If you’re living in the past, you block yourself from starting because the last project was difficult, you didn’t have the resources or it didn’t come out as expected, and you want to protect yourself from a rerun. If you’re living in the past, you block yourself from starting because you don’t know how it will turn out, you don’t have all the answers, you don’t have sufficient resources, and you don’t know what you don’t know. Acknowledge the problems with the past and potential problems with the future, and start anyway.

Starting starts with starting.

The only time to say something is now. If you’re living in the past, you block yourself from saying something controversial or thought-provoking because you remember how it went the last time someone did that. If you’re living in the future, you prevent yourself from saying something radical because, well, you weren’t paying attention and missed your opportunity to change history. Acknowledge that there may be some blowback for your insightful comments, live in the now and say them anyway. And live in the now so you can pay attention and use your sharp wit to create the future.

If you don’t say something, nothing is ever said.

The only time to help is now. Living in the past, you block yourself from understanding the significance of the situation because you see it through old lenses. Living in the future, you block yourself from helping because you worry if the helping will help or worry the helping will get in the way of your future commitments. If someone needs help, help them now. They will understand that the outcome is uncertain, and they’re okay with that. In fact, they will be happy you recognized their troubling situation and made time to check in with them. When you live in the now, people appreciate it. The time to help is now.

When no one helps, no one is helped.

When you find yourself living in the past, close your eyes, recognize your anger or sadness, and focus on your breath for ten seconds. And if that doesn’t work, put your hand on your chest and do it again. And if that doesn’t work, tell yourself your sadness is temporary and do it again. This is a fail-safe way to bring yourself into the now. Then, sitting in the now, start that project, say what must be said, and help people.

And when you find yourself living in the future, close your eyes, recognize your anxiety, and focus on your breath for ten seconds. And if that doesn’t work, put your hand on your chest and do it again. And if that doesn’t work, tell yourself your anxiety is temporary and repeat. This will bring you into the now. Then, sitting in the now, start that project, say what must be said, and help people.

The only time to shape the future is now.

Image credit: Pixabay

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The Real Reasons Employees Stay Or Leave

Hint: It’s about more than money

The Real Reasons Employees Stay Or Leave

GUEST POST from Shep Hyken

What if every great employee you (or your company) hired never left? Of course, that’s unrealistic … or is it? Joey Coleman is one of the brightest authors and speakers on the planet. His first book, Never Lose a Customer Again, is one of the very best books I’ve read on how to keep your customers coming back. He’s now taken some of the same ideas that worked for customer retention and written a second book, just as brilliant, Never Lose an Employee Again.

Coleman studied and researched organizations worldwide, and he found that 50% of hourly employees quit before their 100-day anniversary. For non-hourly or salaried employees, it’s 20%. I interviewed Coleman on Amazing Business Radio to learn how we can keep good employees.

“How we onboard employees and make them feel part of our community can differentiate whether they will be long-time employees or leave almost as fast as they came,” Coleman said. “The first 100 days are the most important time in the entire relationship with an employee because this is where the foundation is laid.”

So, why do employees leave? Contrary to popular belief, the No. 1 reason an employee leaves to work elsewhere is not money. In the traditional exit interview, where an employee talks to their employer face-to-face, money is the easiest and safest excuse for an exit. The true reasons for leaving are more telling—and can help prevent an employee from going, even if offered more money somewhere else. Coleman cites the Work Institute employee retention study, sharing the top five reasons employees leave:

  1. No clear career path — This is the top reason employees leave. Nearly one-quarter (24%) don’t see future opportunities in the organization. Most employees want to advance their careers and learn new skills. Laying out a potential path for an employee from the very beginning of their employment with you can have long-term benefits.
  2. Stress or lack of resources — Not providing employees with the tools they need or giving them too heavy of a workload can impact their emotional health, which could lead them to find work at another company.
  3. Health and family matters — As much as an employee may love working with your organization, personal health, a sick child or an aging parent can interfere with their ability to work. Regarding the latter, Coleman says, “Just as some employers provide daycare for young children, some employers in the future will also provide an eldercare program.”
  4. Work/life balance — The job has to fit the employee’s lifestyle. Something as seemingly insignificant as a long commute can negatively impact the employee’s personal life so much that they leave.
  5. Money — Almost one in 10 (9%) leave because of money. That means nine out of 10 leave for other reasons, often within our control.

After reading the reasons listed above, here is Coleman’s top advice:

  • Affirm the employee made the right decision to come to work at your organization — The concept of affirm is one of the eight phases of the first 100 days Coleman covers in his book. There is a scientifically proven emotional reaction in which a new employee begins to doubt their decision to accept your job offer. It is called “new hire’s remorse,” which happens between when they accept the job offer and their first day. Reaffirm your new employee’s decision to accept your job offer. Establish a personal and emotional connection even before their first day.
  • On-boarding must be practiced at a higher level — Don’t just onboard the first day or two (or even a week or two). Coleman says, “If you’re not painting a clear path for your people but expecting them to manage and figure out their careers on their own, then you deserve to lose them.” The amount of time you spend with employees over the first 100 days directly correlates to how long they will stay.
  • The employee’s personal life is important — Notice that three of the five reasons people leave the organization are personal. Coleman says, “You need to know what’s going on between 5 p.m. and 9 a.m. as much as you are interested in what’s happening between 9 a.m. and 5 p.m. What are your people doing and dealing with when they are not at work?”

I’ve often said that you won’t have a business without customers. Coleman makes the case that the same applies to employees. Much of what gets customers to come back is a great customer experience. You can’t deliver a great CX without a great employee experience on the inside of your organization. Coleman says, “People think that customer experience and employee experience are two different silos. The better way to look at this is that they are two sides of the same coin. We must work on both!”

This article originally appeared on Forbes.com

Image Credits: Shep Hyken

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Women Start-up Entrepreneurs Battle Against Gender Stereotypes and Ageism

Women Start-up Entrepreneurs Battle Against Gender Stereotypes and Ageism

GUEST POST from Janet Sernack

It’s been thirty-five years since I exited my life as a top retail corporate executive, and become a serial female entrepreneur. It’s been an awesome roller-coaster ride, which includes ten years as one of many adventurous, brave, global women start-up entrepreneurs. Its also been a very challenging, rewarding, and fulfilling learning journey, where I have been both privileged and humbled to have impacted thousands of men and women positively, and globally through my consulting, learning, mentoring, and coaching practice.

Yet, I can’t help wondering how my journey could have been significantly less challenging, and possibly even more profoundly impactful, had gender stereotypes and later, ageism not been so pervasive. Where the “Gender Stereotypes and Their Impact on Women Entrepreneurs” by the Cherie Blair Foundation qualify this further by providing evidence of gender stereotyping impacting women’s journeys to and through entrepreneurship. Which then affects their “aspirations, sources of support, opportunities, access to resources, perceptions, and the wider entrepreneurial ecosystem”.

What is the impact of gender stereotypes on women start-up entrepreneurs?

Some of the key findings revealed by this report include:

  • 70% of women entrepreneurs surveyed said that gender stereotypes have negatively affected their work as an entrepreneur.
  • More than six in ten of those surveyed (61%) believe that gender stereotypes impact their business growth and almost half (49%) say they affect profitability.
  • Stereotypes start early, shape women’s journeys to entrepreneurship, and can have a lasting impact on aspirations, confidence, and behavior.
  • Over half of the women entrepreneurs surveyed (56%) said that social approval or disapproval of different careers played a role in their choice of career.
  • The majority of women entrepreneurs surveyed (70%) also reported knowing a woman entrepreneur when they were children, suggesting the powerful influence of role models on children and young women.

What is the impact of gender stereotyping on women start-up entrepreneurs raising venture capital?

When I attended a recent webinar “Coaching for Success – How Can Investors Support Start-up Founders” held by EMCC Asia Pacific I checked out the percentage of women start-up entrepreneurs who had actually received venture capitalist’s funds. I was shocked, yet not surprised to see TechCrunch report that in the US “women-founded start-ups raised 1.9% of all VC funds in 2022, a drop from 2021.”

Here in Australia, as reported by the Women’s Agenda just 3%  of total VC capital went to all-women-founded start-ups in 2022, while just 10 percent went to those with at least one woman in their co-founding teams. This report also reveals that “83 percent of women believe their gender has impacted their ability to raise external capital, compared with 14 percent of men”.

What is the impact of gender stereotyping on women start-up entrepreneurs’ ability to impact globally?

The new Global Entrepreneurship Monitor (GEM) 2021/2022 Women’s Entrepreneurship Report showed that “start-up rates for women dropped by 15% from 2019 to 2020, and held constant in 2021. Women also experienced sharper declines than men in their intentions to start a business within three years and overall start-up rates in 2020, but not in upper-middle income countries”. Where “Women represent two out of every five early-stage entrepreneurs”.

This means that almost half of the world’s potential entrepreneurs have been handicapped, and are still being restrained and held back from adding value to the quality of people’s lives and making the difference they want to, and can make in the world.

What are some of the key challenges women start-up entrepreneurs face?

Referring to my own personal experience with founding ImagineNation™ as an Israeli Australian start-up 10 years ago, I am able to share a range of key frustrations and challenges which confronted me. This was catalyzed by a recent article featured in Business News Daily which shares the range of core challenges and how other women start-up entrepreneurs might possibly choose to deal with, resolve and overcome them.

Hopefully, other women start-up entrepreneurs might find some inspiration, motivation, and encouragement to be steadfast in pursuing their dreams courageously, with a bit of healthy self-compassion to creatively execute their vision for a better world, from my story.

  1. Defying social expectations

As a relatively new arrival to the Israeli start-up scene, I was repeatedly told that as an “outsider” I could not know “how we do things around here” despite my 25 years of culture and change management consulting experience. I attended weekly start-up events in Tel Aviv, and often stood, as a lone woman, alongside diverse groups of young men, usually drinking beer and dressed in black. I also found that being older than the average start-up entrepreneur, despite my 25 years of experience in mentoring women in business, I also faced the dreaded “ageism bias” and as a result, I was largely ignored at many of these crucial networking events. Because in Israel “if you don’t network, you don’t work!”

I chose to detach from this, by refusing to conform to what appeared to be men’s ideas of what a start-up entrepreneur should look, be and act like. Instead, I chose to learn as much as I could from my range of experiences, enabling me to adapt, innovate and grow, as do many other women start-up entrepreneurs when faced with these challenges, to accelerate my innovation solution.

  1. Accessing funding

With no family or relatives locally, or the ability to get a financial guarantor, I had no access to source funds externally, despite meeting a number of local venture capitalists. Who, I noticed, tended to focus mostly on investing in a “quick win” or in growth-stage start-ups. When attending a government-sponsored meeting in Sydney, to qualify for an Australian Government Entrepreneurship Grant, I was confronted by a panel of three aggressive and oppositional male VC consultants who mercilessly tore my start-up invention and myself apart. Telling me it was not worth investing in and would be replicated by others within six months. To date, it still hasn’t been copied.

I eventually recovered my composure, confidence, and courage and made the decision to bootstrap, self-fund, and pay my own way forwards, which took longer, and yet was the best decision.

  1. Struggling to be taken seriously

Even when I applied my then 25 years of consulting, learning, and development knowledge, skills, and corporate experience to research, model, and replicate the “secret sauce” behind the Israeli start-up system, it was hard for me to be taken seriously. Finding that some people, in both Israel and Australia, found defensive ways to negate and minimize my 10-year immersion in an innovation culture when I was designing, iterating, pivoting, and marketing my unique innovation learning and coaching curriculum.

I focused on continuing to develop my self-efficacy, on finding my tribe, and on researching, and building a global reputation as a thought leader on the people side of innovation, by experimenting with blogging and presenting webinars.

  1. Owning your accomplishments

In the first 9 years, I presented more than 6 free innovation webinars, and 10 blog posts a year, generously sharing my IP and knowledge, without really recognizing and acknowledging the value of my own creative ideas and inventions. Whilst this helped me find my collaborators, build an ecosystem, and added to my reputation-building efforts, I gave away far too much without getting sound financial commitments from potential clients.

I now truly value and esteem my knowledge and IP at a deeper, and still share free webinars and 10 blog posts a year.  I now focus on only presenting 2 learning and coaching programs a year where I charge participants more than double, compared to what I initially charged.

  1. Building a support network

Interestingly, this has been very challenging, due to having lived in a patriarchal culture in Israel and a “boys club” and the “old boys’ network” here in Australia which permeates every level of our organizational culture and civil society. In my experience, I have also sadly discovered that the majority of women in the consulting, learning, and development sectors prefer to compete, rather than collaborate.

I find that I am still constantly challenged by people’s ageism bias, and manage this by mostly working globally, and online, mentoring and coaching both men and women who are seeking to fulfill their potential, adapt, innovate, and grow to effect positive change in their worlds.

I also focused on developing the “friendlies” included in my global Coach for Innovators, Leaders, and Teams alumni and network, my Linked In tribe, and my International Coaching Federation (ICF) colleagues to draw upon, and support when needed.

  1. Balancing business and family life

Having recovered from a significant burnout experience more than 25 years ago, I have been able to achieve and sustain a reasonable work-life balance. By managing, developing, and leading my business effectively, being both self-disciplined, and methodical, and being curious and creative, even when my old habitual task holism threatens to take over.

It takes focused attention and deep intention, being passionately purposeful to ensure that I stay on track with doing the “one thing” I am creating, inventing, and innovating whilst on the roller-coaster ride.

  1. Coping with fear of failure

Self-doubt, perfectionism, imposter syndrome, risk adversity, and rejection are the key neurological perils confronting many women (and men) start-up entrepreneurs. This creates opportunities for women start-up entrepreneurs to learn how to bravely and boldly be, think and act differently in articulating their passionate purpose and achieving their vision in an uncertain and constantly changing world.

I experienced a number of significant failures, which deeply hurt me viscerally, emotionally, and cognitively, as well as resulted in serious financial losses.

I focussed on using these as “teachable moments” to learn how to take smart risks, manage my self-talk and not self-depreciate my inherent self-worth. To seek feedback and help when I froze as a result of my mistakes, losses, and failure, which ultimately enabled me to develop the deep courage, healthy self-compassion, and GRIT to stay in the start-up entrepreneurship game.

This enables me to role model, mentor, teach and coach other women start-up entrepreneurs, develop embodied presence, and be congruent in walking my talk.

How can you take action to eliminate gender (and age) stereotypes as a women start-up entrepreneur?

If we want to ensure that almost half of the world’s potential women start-up entrepreneurs are empowered, and enabled to add value to the quality of people’s lives and make the difference they want to, and can make in the world, make sure to take personal responsibility in:

  • Supporting women in their efforts to make a difference and contribute to the common good, despite age or gender differences, gives women start-up entrepreneurs greater chances of long-term growth and impactful success.
  • Eliminating from your locus of control and influence, any gender stereotyping and ageism biases.

We can then maximize the benefits gender and age differences and diversity bring, and collectively make the world a fairer, more inclusive, equitable, and balanced place in all domains that contribute to the common good, and a planet that balances and includes all people equally, with profits.

Find out more about our work at ImagineNation™

Find out about our collective, learning products and tools, including The Coach for Innovators, Leaders, and Teams Certified Program, presented by Janet Sernack, is a collaborative, intimate, and deeply personalized innovation coaching and learning program, supported by a global group of peers over 9-weeks, starts October 3, 2023. It can be customised as a bespoke corporate learning program.

It is a blended and transformational change and learning program that will give you a deep understanding of the language, principles, and applications of an ecosystem focus, human-centric approach, and emergent structure (Theory U) to innovation, and upskill people and teams and develop their future fitness, within your unique innovation context. Find out more about our products and tools.

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Why You Must Define Innovation

(Hint: It’s All About Efficiency)

Why You Must Define Innovation

GUEST POST from Robyn Bolton

As the world around you becomes more volatile, uncertain, complex, and ambiguous (VUCA), you know that you need to build skills to navigate it and inspire others to follow your path.

But what if you are the source of ambiguity? 

Because you are. Every time you speak.

The words we use always have clear meaning and intent to us but may not (and often don’t) have the same meaning and intent to others. 

That’s why one of the first and most essential things a company can do when starting its innovation journey is to decide what “innovation” means. It may seem like an academic exercise, but it becomes very practical when you discover that one person thinks it means something new to the world, another thinks it’s a new product, and a third thinks it means anything commercialized.

Ambiguity = Efficiency?

“Innovation” isn’t the only word that is distractingly ambiguous. Language, in general, evolved to be ambiguous because ambiguity makes it more efficient. In 2012, cognitive scientists at MIT found the ambiguity–efficiency link, noting “words with fewer syllables and easier pronunciation can be ‘reused,’ avoiding the need for a vast and increasingly complex vocabulary.” 

You read that right. In language, ambiguity leads to efficiency.

Every time you speak, you’re ambiguous. You’re also efficient.

The RIGHT level of Ambiguity = Efficiency!

In 2014, researchers at Pompeu Fabra University in Barcelona found that language’s ambiguity is critical to communicating complex ideas,

“the researchers argue that the level of ambiguity we have in language is at just the right level to make it easy to speak and be understood. If every single object and concept had its own unique word, then language is completely unambiguous – but the vocabulary is huge. The listener doesn’t have to do any guessing about what the speaker is saying, but the speaker has to say a lot. For example, “Come here” might have to be something like “I want you to come to where I am standing.” At the other extreme, if the same word is used for everything, that makes it easy for the speaker, but the listener can’t tell if she is being told about the weather or a rampaging bear.”

.

Either way, communication is hard. But Sole and Seoane argue that with just the right amount of ambiguity, the two can find a good trade-off.”

A certain level of ambiguity is efficient. Too much or too little is inefficient.

How to find the RIGHT level of Ambiguity for “Innovation”

In everyday life, it’s ok for everyone to have a slightly different definition of innovation because we all generally agree it means “something new.”  Sure, there will be differences of opinion on some things (is a new car an “innovation” if it just improved on the previous model?). Still, overall, we can exist in this world and interact with each other despite, or maybe because of, the ambiguity.

Work is a different story. If you are responsible for, working on, or even associated with innovation, you better be very clear on what “innovation” means because its definition determines expectations and success for what you do. If it means one thing to you and a different thing to your boss, and a third thing to her boss, you’re in for a world of disappointment and pain.

Let’s avoid that.  Instead:

  1. Define the word
  2. Get everyone to agree on the definition
  3. Use the word and immediately follow it with, “And by that, I mean (definition)”

Gently correct people when they use the word to mean something other than the agreed-upon definition. Once everyone uses the word correctly, you can stop defining it every time because its meaning has taken root.

So, the next time someone rolls their eyes and comments on the “theoretical” or “academic” (i.e., not at all practical, useful, or actionable) exercise of defining innovation, smile and explain that this is an exercise in efficiency.

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3 Flavors of Product-Service Shift

Which One is Yours?

3 Flavors of Product-Service Shift

GUEST POST from Geoffrey A. Moore

The most profound change in enterprise computing in this century to date has been the shift in value delivery modality from product to service and the corresponding rise is XaaS or Everything-as-a-Service. The current bull market leaders in the tech sector take this for granted, and the prior generation of incumbents are still scrambling to get themselves onto the new model. For consumers this is an all-upside proposition; for enterprises, it is a balancing act of open fluidity versus secure compliance. But everyone seems to know their place in the new order—or do they?

As the product-service shift unfolds, it can manifest itself at three very different levels of value delivery, each of which has its own priorities. When you are looking to help your organization navigate the transition, it would be good to get clear as to which path you are on:

1. Infrastructure Model Transformation

This is the easiest to absorb, the impact for the most part contained on the vendor side within Finance and Legal and on the customer side within the IT organization itself. Basically, all you are doing is changing the contract from a license to a service level agreement, and staging a series of leasing payments out of op ex instead a one-time purchase out of cap ex. For clarity sake, think of this as a move to subscription, not yet to For most people in the organization, it is a non-event.

2. Operating Model Transformation

This move has the most impact on incumbent vendors and their installed base. As Todd Hewlin and J B Wood described in Consumption Economics, the shift is based on a change from the customer to the vendor as the one who must absorb goal attainment risk. In a product model, once the customer has bought and paid for it, the customer owns virtually all the risk. That can readily lead to a lot of drive-by selling, the sort of thing that built out empires of shelfware in the late 1990s. In a service model, by contrast, the vendor can never stop owning the success of the offering, not if they want to protect against their installed base churning out from underneath them. This is the true product-service shift, and even now it is sufficiently novel that both customers and vendors are still sorting out the implications for what staffing and expertise is needed on both sides of this relationship.

3. Business Model Transformation

This is the most impactful for venture-backed start-ups and the incumbent franchises they are looking to disrupt. Typically the former are re-architecting an established but aging value chain by substituting digital services for physical-world interactions. The biggest disruptions we have seen thus far are in retail, print media, financial services, transportation, hospitality, and communications, with lots more to come. They all represent daggers pointed at the heart of established enterprises because even when the latter can find ways to re-engineer their own offers to match the new paradigm, it is still painfully hard to bring the rest of their ecosystems up to speed to deliver the whole product. And to a lesser extent, the same goes for their customer bases. That is why disruption usually starts with targeting customers who have been disenfranchised by the old solution. It is only over time that the Innovator’s Dilemma bill comes to for the established vendors, but when it does, it hits with a wallop.

For most companies, the path you want to double-click on is the Operating Model Transformation, and in the next post, I want to dig in a lot deeper there.

That’s what I think. What do you think?

Image Credit: Pixabay

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The Real Problem with Problems

The Real Problem with Problems

GUEST POST from Mike Shipulski

If you don’t know what the problem is, that’s your first problem.

A problem can’t be a problem unless there’s a solution. If there’s no possible solution, don’t try to solve it, because it’s not a problem.

If there’s no problem, you have a big problem.

If you’re trying to solve a problem, but the solution is outside your sphere of influence, you’re taking on someone else’s problem.

If someone tries to give you a gift but you don’t accept it, it’s still theirs. It’s like that with problems.

If you want someone to do the right thing, create a problem for them that, when solved, the right thing gets done.

Problems are good motivators and bad caretakers.

A problem is between two things, e.g., a hammer and your thumb. Your job is to figure out the right two things.

When someone tries to give you their problem, keep your hands in your pockets.

A problem can be solved before it happens, while it happens, or after it happened. Each time domain has different solutions, different costs, and different consequences. Your job is to choose the most appropriate time domain.

If you have three problems, solve one at a time until you’re done.

Solving someone else’s problem is a worst practice.

If you solve the wrong problem, you consume all the resources needed to solve the right problem without any of the benefits of solving it.

Ready, fire, aim is no way to solve problems.

When it comes to problems, defining IS solving.

If you learn one element of problem-solving, learn to see when someone is trying to give you their problem.

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