Overview of Episode #41:
- Surprising facts and stats about leaders and derailment.
- Three root causes why leaders can get derailed.
- Areas that can help a successful leader who are stuck, get back on track.
- What leaders who are known for leading innovative teams do very well.
- What true confidence in a leader looks like and acts like.
- Valuable, practical tips and ideas to help leaders demonstrate confidence AND humility.
- Contact Priceless Professional Development - 770-578-6976, suzie@pricelessprofessional.com www.pricelessprofessional.com
- To see the shownotes and get the transcript for this episode, go to: www.pricelessprofessional.com/derailed
Timing on Recording: @ 7:50 --- Interview with Director of Research and Assessments for Bates Communications Michael Seitchik
Topic 1: Getting to know Michael.
- Favorite guilty-pleasure TV show – “The Voice.”
- Favorite possession – Bottle collection.
Timing on Recording: @ 10:56 ---
Topic 2: Leaders and derailment.
- Derailment – Costs to the company, percentage of managers/executives who are engaged. Derailment can cost an organization more than 20 times an executive’s salary, in some cases amounting to millions of dollars.
- “People feel stuck.”
- Not great at engaging people and getting them involved. Only 34% of managers and executives are engaged.
- Don’t feel appreciated, too much going on, unclear roles and responsibilities, too much change and uncertainty.
- How leadership is changing/transitioning. 60% of all companies cite “leadership gaps” as their top business challenge.
Timing on Recording: @ 17:54 ---
Topic 3: Warning signs of derailment.
- Look for distress, it doesn’t have to be big things, look for little things too (i.e. being short or frazzled).
- There is too much to do and the pressure of getting it done is too much.
- Viscous cycle: Doing things without explaining why you are doing them, leaves your team confused.
Timing on Recording: @ 22:00 ---
Topic 4: How confidence can cause derailment.
- CFO example.
- Take the time to slow down, engage and involve others.
Timing on Recording: 26:48 ---
Topic 5: Root causes of derailment.
- Being unaware.
- Lack of good feedback.
- Gap between your intentions and other people’s perceptions.
- Story – Moving from HR Manager to the right-hand man of the CEO.
Timing on Recording: @ 34:50 ---
Topic 6: Top areas (facets) that are seen most often to cause an executive to start going off-track.
- Measurements in the ExPI.
- What challenges are being faced?
- Highest rated facet: integrity.
Timing on Recording: @ 38:18 ---
Topic 7: Confidence.
- Self-confidence vs. Social confidence.
- Bank teller to 2nd in charge of one of the largest financial firms in the world.
- Imposter syndrome. 80% of people experience the imposter syndrome. Why it is healthy.
- Positive feedback. “Helps people see a little bit better.”
- Give people permission to take a reasonable risk.
- Inviting dissent. JFK example.
- Have a good clean fight!
Timing on Recording: @ 58:30 ---
Topic 8: Humility.
- Balancing confidence and humility. Be high in both!
- Don’t lower anything, raise your other facets.
Timing on Recording: @ 1:00:35 ---
Topic 9: Wrap-up.
- Billboard: “Be curious.”
- Advise you would give your 25-30 year old self about executive presence and leadership: Watch more closely how people react to what a leader says or does.
- One bit of advice you would like every leader to take away from our discussion about confidence, executive presence and derailment: You always have the choice of changing how you show up; your presence, your leadership, how people perceive you. Your behaviors can change.
