According to a recent study released by the Peterson Institute for International Economics and EY (Ernst & Young), women in leadership positions are linked to stronger company profits.
In their new book, “THE NEW ADVANTAGE: How Women in Leadership can create win-wins for their companies and themselves,” Howard J. Morgan and Joelle K. Jay delve deep into what women, and the companies that employ them, can do to promote the advancement of women.
While many experts have explored the challenges of women in leadership, Morgan and Jay focus on solutions; what individuals and organizations can do to actually begin the transformation.
In the last several years, while coaching executive women, we began to see a trend. Organizations wanted to advance women and were trying but not succeeding….mainly due to the feedback input women got from the sources all around them.
Feedback remains treacherous for women.
The Center for Talent Innovation reports:
- Women are 32% less likely to receive any feedback from male superiors.
- When they do get feedback, 81% of women say they have trouble responding to it, because it’s so “distressingly contradictory.”
However, women have control over their ability to get good feedback. You can educate yourself about how good feedback should work and take the initiative to get it for yourself.
Being unaware, we unconsciously engage our default behavior. Only when we become aware of something, are we able to make choices as to the action we wish to take. Sometimes, just being aware, allows the problem to solve us--rather than requiring us to solve the problem.
For example, self-assessments are research-based quizzes that reveal your attributes. Each assessment will yield different information. Another form of self-assessment is ongoing reflection during the conversations you have with your executive coach and/or mentor.
All you need to succeed is three simple questions:
- What’s working?
- What’s not working?
- What do I need to change?
Ask these questions often and you’ll have an ongoing gauge as to how you’re doing and where to focus your attention.
When you receive feedback and are seen to be acting on that feedback, your stock goes up in the eyes of others.
Women, Know Thyself: The most important knowledge is self-knowledge. (ebook and paperback editions)
Women and Time (ebook and paperback editions)
When Doing It All Won't Do: A self-coaching guide for career women. (ebook and Workbook Edition in paperback at $13.41)