Lessons Learned on My Journey from Shipping Clerk to CEO

Over the course of twenty-six years, I progressed from an entry-level position at Products Research and Chemical Corporation (PRC) to CEO of the $240 million global company.

With no prior experience, no college degree, and no inside connections, I was hired as a shipping clerk at age 19. My goal? To make enough money to buy skis, boots, and lift tickets for the upcoming ski season. 

But my supervisor, Danny Iwamoto, impressed me with his precise vision and clear-cut expectations. So after mastering my daily tasks, I sought out other areas to help and learn more about my company, SEMCO, a subsidiary of PRC that manufactured packaging for use with adhesives and sealants.  

I learned the organization’s workflow — from taking a customer’s order to order fulfillment and everything in between — and recognized that the weak link in the paper-laden process was knowing an order’s status. I asked the expediters responsible for finding an order’s status for a customer. They wanted me to look for orders as I moved in and out of the production areas to pick up finished inventory. Doing this was easy, and it made my day more interesting. 

My efforts led to a promotion and taught me my first lesson about career advancement: 

1. Go above and beyond your assigned duties. Volunteering to take on more responsibilities can alter the course of your career. Look for opportunities that connect you to an influential person, put you face-to-face with different departments, or help you develop new skills. Seek ways to make a real impact. Showing initiative and anticipating needs will make others take notice. 

The following year, SEMCO’s general manager was promoted to general manager of the parent company, PRC. His first order of business was to offer me a customer service position in that part of the company — my first desk job. PRC manufactured sealants, adhesives, and coatings for the aerospace, marine, insulated glass, and construction industries. PRC was known for its high-quality products and its poor customer service. Like at SEMCO, keeping track of it wasn’t easy once the order was placed. And, to make matters more difficult, people in some departments weren’t interested in providing me with the information I needed.  

What did I do? I approached the problem differently to provide better information to the customers. My goal was never to have customers call back after making their first order inquiry. I set up a process whereby I provided the anticipated shipping date, and then three days before that date, I’d track down the order to see if it was going to ship on time. Then I’d call the customer and report whether the order was on track or would take more time. Either way, customers were grateful that I’d provided the information. They gained confidence that someone was looking out for them.  

Through my experience in customer service, I gained another vital lesson: 

2. Advocate for the customer. Customer advocacy is both an art and a science. It’s about pleasing customers while showing empathy and patience, but also about managing time and understanding cost-efficient ways to resolve problems. It’s knowing when to put a customer’s interests above the company’s, when to refer a competitor’s product over your own, and when to go straight to upper management. When customers feel heard and valued, you maintain good faith. 

Reports of what I was doing impressed my managers. Two years later, I was offered a promotion to go back to SEMCO as the customer service supervisor. This role marked the first time a team reported directly to me.  

I needed to create a positive relationship with my team, so I made an effort always to communicate situations and ask for help in resolving them. The benefit of this approach was that senior managers in sales, manufacturing, quality and engineering took an interest in mentoring me. They willingly answered my questions, and I soon was promoted to sales administration manager, reporting to the national sales manager. 

The new corporate vice president and general manager of SEMCO at the time, Dick Cude, took note of my efforts and wanted to develop my sales capabilities. After some training, he offered me the position of national account manager. Imagine! I’d risen from shipping clerk to national accounts manager and part of the executive team in a little more than five years! 

With the experience gained through my boss’s encouragement, I learned the next important lesson that allowed me to add value while advancing me into the company’s upper echelons: 

3. Create the change. When you learn to dance with change and not be afraid of it, you learn how to sense its arrival in advance to prepare yourself accordingly. You must initiate the process of adjustment that circumstances demand. Sometimes this means that companies need to molt their outer skins the way snakes do. If they don’t transform, they die. Always recognize the need for change — whether adapting to evolving consumer habits or investing in new technology, or merging with a competitor — and you’ll have control over your future. 

Going above and beyond my assigned duties to make an impact, putting the customer first, and looking for ways to create positive change led to achieving results in every position I held. In addition, it earned the confidence of my team and company leaders and paved the way for a meteoric rise in PRC.  

But the real lesson here is that you can learn from my experience and do this, too! 

4 Ways to Take Back Control and Avoid Imaginary Success

We’ve all been there: watching TV and admiring the perfect, wealthy family on the screen, who live in a big, white house and grin at the audience with perfect smiles. Or maybe you’re enamored by the business executive in a sleek, red Ferrari driving to his office in a chic downtown business district.

Perhaps you’re scrolling through Instagram, pausing to take in the latest exotic trip from your favorite influencer.

Meanwhile, you’re sitting on your sofa in a semiconscious state, feeling hopeless and a bit angry at yourself. You’ve had a dark realization as you’ve surrounded yourself with other people’s perfect lives: you’re far from living that kind of life.

You feel like your life is going nowhere, at least compared to the extravagant and exciting lives you see on TV and social media. When you get on with your daily activities and confront real life, you start in a negative mental state. Life is unfair. You landed on the wrong side of the fence where there’s no green grass—only dirt.

This type of depression and anxiety is increasing worldwide at unprecedented rates. The World Health Organization estimates that depression, anxiety, and other mental health disorders are the leading causes of illness and disability in adolescents, and adults aren’t far behind. In the U.S. alone, it’s estimated that 1 in 4 adults—a startling 26% of the total adult population—suffer from mental health disorders and depression, according to Johns Hopkins’ latest reports.

What’s happened to us?

Why is it getting more difficult to enjoy life and appreciate all we have?

We need to stop and reexamine how we define success today. If our definition of success is based on other people’s standards, we’re looking at the wrong indicators. When we let others decide what’s best and what success looks like, we’re giving our power away.

But guess what? You have the power to hit reset, rewrite your definition of success, and take back control of your mind. Here are four tips to help you redefine your best life on your terms:

1. Take in and appreciate all that you have.

This world is full of wonders. It doesn’t matter where you live: I can assure you that somewhere close by, there’s a beautiful park, forest, river, field, or majestic tree, just waiting for you to notice its existence. So be grateful for the home you’ve built, the people who care about you, and the food on your table.

Be thankful for everything you have. You’ll generate positive energy that will inevitably bring you more of what you appreciate and desire.

2. Spend more time outside — and less time in front of a screen.

Nowadays, most of our days are spent in front of computers and devices, whether at work, school, or home. The average person spends around seven hours a day looking at a screen. This rate has increased during the pandemic, where even the most basic activities, like shopping for food or consulting with a doctor, are happening online.

However, this shift in behavior isn’t good for our physical health. We’re less exposed to natural light from the environment, and we’re taking in too much blue light from our computers and mobile screens. This affects our sleeping cycles and moods; the predictable cycles of day and night—which our bodies have been used to for hundreds of years—have been severely interrupted by the adoption of LED and artificial lighting. It’s a scientific fact that constant exposure to artificial light leads to an increased risk of breast cancer, metabolic disorders, and psychiatric and mental disorders.

So, commit to getting more hours of natural light exposure. Take long walks during the day. Work outside on a balcony or in a garden. Avoid using computers or mobile devices during the weekends. Respect your natural sleep cycle and synchronize it with the natural light cycles of the earth. Remain active during the daytime, and reduce your activity when it gets dark. Nature will always be our best teacher!

3. Create a vision for your life.

Most people go about their daily lives without being conscious about what they’re doing. What motivates you to wake up every day? Look at yourself in the mirror every morning and ask: “If this is my last day on earth, would I do what I’m about to do today?”

What answer comes to mind?

Dr. Michael Bernard Beckwith, the visionary founder of the Agape International Spiritual Center, was correct when he said, “Pain pushes you until the vision pulls you.”

Find what pulls you during the day. Spend some time daily in introspection. Ask yourself: “What would I love to do or accomplish? How can I make this world a better place? What can I contribute to make it happen?”

The moment you find your vision, you’ll realize there’s no time to lose. You’ll wake up happy and energetic, knowing there’s a cause waiting for you. You won’t have time to waste scrolling through social media or thinking about what others have (and what you don’t).

4. Trust your inner voice.

Experts, gurus, and celebrities are overrated in our society. Yet many of us still listen to what they have to say about what they’ve done and how they did it, and then we try to imitate them.

But more often than not, these people don’t share the whole story. We only get to see the shiny, successful parts of their lives. We don’t see the long hours of effort, the suffering, or the failures. As a result, we have an unrealistic view of how things work, and then we wonder why we keep failing and not getting what we want.

Experts, gurus, and celebrities don’t tell us that success comes from developing your intuition and following your inner voice. It doesn’t come from taking the most-traveled path, but others can follow by blazing a new path.

Listen to your spirit and what you’re meant to do. Consider the life of an oak tree: It starts as a tiny acorn buried in the soil. With no apparent movement within the earth, months pass by, although much activity is happening inside the seed. Finally, after several months, a tiny oak seedling sprouts from the ground. Over the following decades, the young tree becomes a majestic adult, growing over 150 feet tall and living for hundreds of years.

What you decide to plant in your mind and spirit will determine what you’ll become. So listen to your inner voice and, over time, let that voice grow into a majestic being!

Move Over ‘Tech Bros’: Women Entrepreneurs Join Africa’s Fintech Boom

Female ‘techpreneurs’ are taking their place in Africa’s male-dominated fintech boom, but gender bias makes it harder for them to access finance and grow their businesses.

When financial analyst Oluwatosin Olaseinde moved back home to Nigeria in 2013 after a decade studying and working abroad, she decided it was time to tackle her own finances, so started reading up on stocks and mutual funds.

Shocked at how little guidance was available for young professionals like herself, Olaseinde began sharing her learnings in fun, bite-sized tutorials on Instagram, and much to her surprise, her posts went viral.

“I had no idea my page would just blow up,” said the 34-year-old by phone from Nigeria’s commercial capital, Lagos.

“Just like me, there were young people who wanted to know how to manage their finances, but needed information in an easy-to-understand way.”

Almost four years on, Olaseinde heads MoneyAfrica, an online financial literacy portal providing courses from budgeting and currency risk to inflation and treasury bills, and more recently also founded Ladda, an app-based one-stop investment platform.

Collectively, the platforms have a 300,000-strong social media community and more than 15,000 active users. MoneyAfrica is projected to earn $1 million in revenue this year, said Olaseinde, and Ladda has $700,000 in assets under management.

From digital payments, loans and insurance to share trading and cryptocurrency, Olaseinde is among a growing number of female entrepreneurs in nations such as South Africa, Nigeria, Kenya and Egypt taking a lead in Africa’s fintech revolution.

Since pioneering mobile money services in the late 2000s, Africa has become a hotbed for fintech – financial technology – innovation with an explosion of startups vying to tap the region’s unbanked millions.

Last year, fintech companies attracted more than 60% of the nearly $5 billion in investments to African startups, according to market intelligence and research firm Briter Bridges.

For female entrepreneurs, however, getting their innovations off the ground is often hampered by gender biases that stifle their ability to access finance, gain exposure and grow their businesses, industry experts and women founders said.

From 2013 to 2021, less than 5% of the total $12.6 billion in funding to Africa’s tech startups went to all-female founding teams compared with 82% to all male-ones, data shared by Briter Bridges showed.

BREAKING INTO THE ‘BOYS’ CLUB’

But while the sector is very much a “boys’ club”, research shows Africa’s fintech sector fares better than other regions when it comes to women at the top.

Around 3.2% of fintech firms in Africa are founded solely by women – double the global average of 1.6%, according to Findexable, a market research company that tracks gender diversity.

The continent’s fintechs also have more female board members compared with other regions, Findexable’s 2021 data shows.

Trailblazers include Kenya’s Jihan Abass who founded Nairobi-based Lami Technologies in 2018, aiming to boost almost non-existent insurance coverage among Africans.

“I became interested in insurance after having a conversation with a waiter who told me how he didn’t have medical insurance,” said Abass, 28, a former commodity futures trader at a London trading house.

Lami’s application programming interface, or API, enables businesses to offer flexible digital insurance products such as vehicle and health insurance to customers.

Through its API, users can get a quotation for motor, medical, or other insurance products in seconds, then customize the benefits and adjust the premium to suit their needs and get their policy documents instantly.

Since inception, Lami has raised more than $1.8 million in seed funding and partnered with companies including Kenya Commercial Bank and e-commerce platform Jumia to sell more than 72,000 policies.

Lami now operates in Malawi and the Democratic Republic of Congo as well as Kenya, and also runs Griffin, a car insurance app fully built on the startup’s API.

Another female-led API fintech company is Lagos-based Okra, co-founded by Fara Ashiru Jituboh.

Launched in 2020, Okra aims to digitise financial services for Africa. Okra has built an open finance platform that enables developers and businesses to build personalised digital services and fintech products for customers.

“Essentially, we play the ‘middleman’ by enabling individuals and businesses to connect their bank accounts directly with third-party applications in real-time,” said Jituboh, 33, a former software engineer.

In less than two years, the startup has drawn more than 400 clients, including more than 20 banks in Nigeria, Kenya and South Africa, and has raised $4.5 million in venture capital.

But despite such success stories, many female fintech entrepreneurs struggle to attract investment.

Funding Gap

The stark funding gap between male- and female-led startups in the sector is often attributed to the shortage of female “techpreneurs”, but some industry experts disputed this.

“It’s nonsense for investors to claim that there aren’t any women entrepreneurs in fintech to invest in,” said Martha Mghendi-Fisher, founder of African Women in Fintech and Payments, a non-profit with a network of thousands of members.

“Investors are simply not looking hard enough.”

Female fintech founders said that even when they do have the opportunity to pitch to venture capital (VC) firms, gender biases mean they often raise less and receive lower valuations.

“I don’t think it helps that the majority of VC panels tend to be men who are white and much older,” said Faith Mokgalaka, founder of Johannesburg-based Puno, a digital platform enabling farmers to sell shares, or a portion of their next harvest.

“They aren’t openly sexist, but you do feel there is more scrutiny on you compared to men. More questions are asked, additional documentation and due diligence is required,” added 22-year-old Mokgalaka.

A recent study cited by Findexable estimates that white men control 93% of venture capital dollars.

An increasing number of accelerators – which provide early-stage companies with training, mentorship and financing – and venture capital firms are now shifting focus to women-led businesses.

The Catalyst Fund, an accelerator working with inclusive tech innovators, has supported 61 companies – more than one-third of them founded by women.

Maelis Carraro, the fund’s managing director, said investors need to rethink how they interact with female entrepreneurs.

“The whole setup in the VC space such as the Q&A, the aggressive pitching, the need to demonstrate over-confidence has to change,” said Carraro. “We need to make the whole conversation more inclusive.”

More diverse VC boards, programmes to encourage girls to pursue STEM careers and initiatives celebrating successful women founders would inspire others and foster a more supportive environment, entrepreneurs said.

“It’s a ‘tech bro’ environment, for sure,” said Delila Kidanu, 26, co-founder of Koa, an app-based savings and investment platform in Nairobi.

“It would be important to have some training on gender biases so that people can realize how their actions and decisions can adversely affect women entrepreneurs.”

By Nita Bhalla, Editing by Helen Popper.

Too Many Working Women Aren’t Working Anymore. Here’s How to Welcome Them Back

To bring back women who have left the workforce, it’s up to employers to create an environment where women can prosper and meet their family obligations with no resistance.

A shocking number of women have exited the workforce since 2020 — as many as 3.5 million, all told — but we can reverse this disturbing trend if those of us in leadership positions operate with purpose, compassion, and creativity. Hiring more dynamic women on our teams and into deserved leadership roles means better business, after all.

But before we can encourage women to come back to work, we need to understand why they left. For far too many, the choice wasn’t made by them. Instead, the daunting and unrealistic expectations thrust upon them by a society coping with a global pandemic decided for them. Women historically have tended to carry the load at home, as noted in a piece from the Brookings Institution, and that load has only gotten heavier during the pandemic. 

According to a 2021 survey from MetLife, almost half of women say their career paths have been disrupted due to COVID. About one-fifth told MetLife they couldn’t continue working for reasons outside their control, yet two-thirds vowed that they were planning to come back.

Those promised returns haven’t happened. In September 2021 alone, more than a quarter-million additional women left the workforce, per CNBC reporting. By contrast, the World Economic Forum suggests that men are globally on a trajectory to return to 2019 work levels any day now.

Meeting the Needs of Women at Work

Look through today’s headlines, and you’ll find plenty of worrisome pieces discussing the current labor shortage fallout. While employers across the country have gone on record saying that they can’t find qualified candidates, many talented women are at home contemplating whether rejoining the workforce is even worth it. 

So what can be done to reengage this latent talent pool? It’s up to employers to create an environment where women can prosper and meet their family obligations with no resistance. Empowering and supporting women to shine as brightly as possible might mean thinking outside conventional working constructs.

It’s a lot to unpack, but the process to clear a path for women to start submitting résumés en masse is worth it:

1. Teach leaders how to manage with empathy

Admittedly, I was a less than sympathetic leader to the mothers on my team when I took my first management position. Why? I hadn’t become a parent yet. I had no comprehension of what it was like to have real priorities outside of work. It’s not that I didn’t care; I just couldn’t relate to what it was like to have so little downtime. After all, being a parent is a 24/7 endeavor that always takes precedence.

Businesses must train their leaders to acknowledge and respect the personal lives of working women. I have a great example of how this can play out, too. When I was the mother of a 2-year-old and pregnant with my second child, my male boss offered me the role of company president. He understood what far too many leaders don’t: Just because I was juggling family and work didn’t mean I couldn’t be a bigger asset to the organization or even take up the helm. Once in this role, I made it a deliberate practice to tell my team when I was leaving early or taking a personal day to be present with my children. Sharing this explicitly with my team set the tone that it was acceptable for them to do the same when needed. 

2. Empower women to control their schedules

Ambitious women, particularly those with younger children, have hectic calendars. From sports practices and recitals to doctor’s office visits and early school dismissals, moms often feel like they have to be in two places at once. Of course, this is impossible, as everyone knows. But plenty of companies can allow their employees to adjust their schedules as needed.

For example, your organization might not be able to offer remote work all the time. However, you could potentially offer it as an alternative a few times per week. Remote work is hugely empowering. A Catalyst survey found that having access to virtual work arrangements made moms about one-third less apt to say goodbye to a job. Consequently, consider bringing this and other types of flexibility into your working procedures. Just make sure that women who take advantage of scheduling freedom aren’t penalized by being passed over for promotions or salary raises just because they occasionally work from home.

3. Refresh outdated hiring and mentoring practices

When sourcing new talent and looking over résumés, rethink what employment gaps may mean. Historically, employers have seen gaps in a negative light. Don’t fall into the trap of assuming that a temporary employment pause means that the applicant is flighty or irresponsible. It’s likely quite the opposite. I’ve found that mothers who leave the workforce temporarily and are ready to come back often have much greater productivity than the average worker. 

Being a mother breeds efficiency, problem-solving, and leadership. If you can get a toddler or a teenager to follow directions, leading a team of adults feels like a walk in the park. And once you’ve found great women to bring aboard, help them avoid stress and burnout by giving them access to formal or informal mentorships so they understand that they can pave their paths and be rewarded for leaning into their novel skill sets.

Women still want to climb the corporate ladder and make their mark. And research shows that when they do, businesses are more profitable as a result. So the onus is on the current leaders to lend them a hand. You’ll be amazed at how quickly a determined woman will blaze an impressive trail after receiving a bit of encouragement and support.

Mila Kunis, Ashton Kutcher Fundraiser for Ukraine Refugees Aims for $30 Million

Hollywood couple Ashton Kutcher and Mila Kunis have raised over $6.8 million toward a goal of $30 million as of 4 March, a day after setting up a GoFundMe page seeking humanitarian aid for Ukrainian refugees.

Kunis, who was born in Chernivtsi, Ukraine in 1983, moved to the United States in 1991.

“I have always considered myself an American, a proud American… But today, I have never been more proud to be a Ukrainian,” Kunis said in an embedded video.

“The events that have unfolded in Ukraine are devastating. There is no place in this world for this kind of unjust attack on humanity.”

Kutcher, sitting by Kunis’ side in the video, said the funds would be used to provide refugee and humanitarian aid to Ukrainians affected by Russia’s invasion of the neighboring country.

“The principle challenge right now is logistics. We need to get housing and we need to get supplies and resources into the area,” said Kutcher. “And I have never been more proud to be married to a Ukrainian.”

The two actors, who married in 2015, have agreed to match up to $3 million of donations, with the ultimate goal of raising $30 million. They are partnering with short-term housing website Airbnb.org and Flexport.org, which organizes shipments of humanitarian aid to refugees.

Leadership Strategy Checklist: The Ultimate Guide

Strategy is one of those business terms that is critical to understand but difficult to define. This ambiguity makes it hard to distinguish what makes up a good or bad strategy.

Fortunately for entrepreneurs, Professor Richard Rumelt’s book, Good Strategy/Bad Strategy, does an incredible job of defining the various elements of strategy and laying out the foundation for establishing a good strategy while avoiding a bad one. This book has been an influential part of my entrepreneurial path over the years, so I had to make it the cornerstone of this piece. 

So let’s begin — and to do that, we must first start with what Rumelt calls the kernels of strategy. Because for you to set yourself up with a successful strategy, you must understand what lies at the heart of strategy.

The Kernels of Good Strategy

The basic underlying structure of a good strategy is as follows:

Diagnosis

Part of developing a sound strategy is understanding how to leverage your resources to achieve results. To do this, and to do it successfully, you have to understand the challenges facing your organization. Ask yourself: What’s important? What’s not? This will hone your focus on diagnosing what’s most critical and then lead you down the path of figuring out how you can approach and address each challenge. If your diagnosis isn’t clear, your path to action won’t be either, so it’s important to get the diagnosis right.

Guiding Policy

Your diagnosis will inform your strategy. The purpose of a guiding policy is that it helps you establish your intentions so you can focus your attention in the right direction. There will be so many options available to you to begin setting your action plan, so you need to ensure you’re pursuing the path that makes the most sense for your goals. When you follow your policy and adapt your organization, you set yourself up for success.

Coherent Action Plan

Strategy without action is nothing, just as action without strategy is futile. Your diagnosis should inform your guiding policy, and then your guiding policy should help you develop steps to accomplish your goal. These steps should be clear and concise, but they won’t always be easy. The difficult part of strategy is that it comes with tough choices, but you must have the discipline to see these steps through to the very end. 

Good Strategy vs. Bad Strategy

Before we explore the elements of good strategy vs. bad strategy, it’s essential to understand the difference between them. Where a good strategy honestly acknowledges challenges and offers ways to overcome them, a bad strategy overlooks problems and creates aimless ambitions. So now, let’s take a deeper dive.

At the heart of a good strategy are the following elements:

  1. Leverage your strengths: A leader’s strategic leverage comes from their ability to anticipate predictions that point them in the right direction, pivot when small adjustments are necessary, and concentrate their efforts on fewer objectives to be more impactful.
  2. Press your advantages: A promising strategy pinpoints a company’s strengths or advantages, and then presses those advantages in the market.
  3. Look for internal weakness: Leaders can’t just focus on the competition’s weakness; they must also prioritize strengthening the weakest links within their own organizations.
  4. Watch for inertia and entropy: Inertia and entropy can pose risks to a business. Be mindful of inertia (a company’s resistance to change) and entropy (how a company devolves into chaos if not properly managed). 
  5. Narrow your focus: Don’t divide up attention into too many channels. Instead, focus on one or two critical issues and work on resolving those. 
  6. Choose feasible objectives: Leaders must pick feasible goals if they hope to reach the larger goals they’ve set for their companies. Too much ambition could lead to failure.
  7. Beware of chasing growth: Don’t strive for growth just for the sake of growth. This could lead to unhealthy growth that is forced rather than intentional.
  8. Treat your strategy as a design: Strategy isn’t chosen; it’s constructed. A good strategy must be tightly designed to form a whole that will help bring about a leader’s success.
  9. Anticipate change: A leader should constantly predict what changes could impact their industry and, as a result, their business, and look for opportunities in these changes to help drive their competitive advantage.

Now, let’s transition into bad strategy. Rumelt defines the four characteristics of bad strategy as follows:

  1. Fluff: Many leaders use grandiose phrasing to create an illusion of high-level thinking. Don’t do this. Instead, be honest, and make it simple. 
  2. Failure to face the challenge: If a leader cannot correctly define their organization’s challenges, they will not accurately address them.
  3. Mistaking goals for strategy: Setting a goal to achieve is different from actually developing a strategy to overcome the obstacles that will help you achieve those goals.
  4. Bad strategic objectives: Objectives are considered harmful when they fail to address critical challenges or when they’re just altogether impractical. 

Rumelt wrote his book to challenge leaders to look at things from a new perspective. He didn’t want to offer formulas for building a good strategy but, instead, wanted to impart logic behind what makes a strategy good or bad. I hope you found as much help in his words as I have from reading his book, which I cannot recommend enough.

14 Leadership Secrets That Build Resilience. Do You Have What it Takes?

The companies and businesses that survive have leaders who model the kind of resilience that makes them change proof. They are undaunted by events and so are the companies that they lead.

I often wonder why some people are more resilient than others. What particular set of circumstances makes them able to withstand the slings and arrows that life rains down upon them with dignity, humor, and grace? 

The truth is, nobody knows for sure if resilience is something you are born with or something you just learn. But we know resilience when we see it. We know resilience leaders when we meet them. Take Monty Williams (pictured above), for example. You may not know that name offhand, but he’s a recent example of someone who embodies resilient leadership. 

Monty Williams was a journeyman NBA player where he bounced from team to team until he landed with the San Antonio Spurs organization, who helped him transition from playing to coaching. Today, he’s the NBA head coach for the Phoenix Suns. By all accounts a wildly successful life. It was, until everything in Monty Williams’s world changed forever. 

In 2016, when he was a coach with the Oklahoma City Thunder, his wife, Ingrid, mother of his five children, was killed when a woman with meth in her system and a dog in her lap crossed the median on a highway in downtown Oklahoma City, going over 90 miles an hour colliding with the Williams family van. The dog owner, Susannah Donaldson, died on impact along with her pet. The three children who were in the vehicle with Ingrid survived, but she succumbed to her injuries the next day.

In less than a week, Monty Williams was delivering the eulogy at Ingrid’s funeral in front of his five children and almost a thousand members of the NBA community. With almost superhuman control Monty spoke for just over seven minutes without referring to his notes or losing his composure. In calm measured tones, he spoke about forgiveness and about the need to move on. He was, in his own inimitable way, saying you have to love your life. No matter what. Even at his lowest moment, he was living out his resilience. In a dark and lonely valley, Monty Williams could have chosen despair. But he didn’t. He chose to be resilient. 

When I think about resilience I think about people who aren’t undaunted by events but no matter what happens, they maintain some fundamental core of what makes them who they are.  Like most resilient people, Monty Williams chose to be moved to grow. How did he do that? And how can we do the same thing for our organizations?

The American Psychological Association defines resilience as “the process of adapting well in the face of adversity, trauma, tragedy, threats or even significant sources of threat.” 

Dennis Charney of the Icahn School of Medicine at Mount Sinai New York and Steven Southwick at the Yale School of Medicine performed an analysis of resilience by talking to people who had experienced traumatic events like war, sexual abuse, acts of terror, or natural disasters and asked them simply how they dealt with the awful things that happened to them. What they found was that some folks who had experienced tragedy eventually began to suffer from depression and post traumatic stress disorder (PTSD), others had mild symptoms of trauma that went away after a period of time, and still others had no symptoms of psychological distress or depression. Their research identified the main factors marked for resilience: 

  • Attention to health and good cardiovascular fitness
  • Capacity to rapidly recover from stress
  • A history of mastering challenges
  • High coping self-efficacy—our belief in our own ability to succeed
  • Disciplined focus on skill development
  • Cognitive flexibility—the ability to reframe adversity in a positive light
  • Positive emotion and optimism
  • Loving caretakers and sturdy role models
  • The ability to regulate emotions
  • Strong social support
  • Altruism—service
  • Commitment to a valued cause or purpose
  • Capacity to extract meaning from adverse situations
  • Support from religion and spirituality 

Based on what I’ve observed, Monty Williams likely would have some if not all the preceding markers for resilience, perhaps almost all of them.

We’re going to be unpacking each of these markers. We’ll be addressing them from a holistic perspective. That means that they’ll be applicable markers for you and your performance, but if you’re a leader it will also help you diagnose and help your teams and organizations  

Resilient people are the ones who don’t just bounce back, but are able to bounce forward. It’s not just about getting back to where you were, it’s about getting further than you were. It’s about letting change change you. 

4 Step Plan: Create an Innovation Funnel for Your Digital Transformation Project

Considering the acceleration of digital transformation in all industries, innovation is critical to remain competitive. You can bring the most viable and valuable opportunities to fruition by working through these four innovation phases.

Digital transformation projects continue to pick up pace due to the pandemic, especially in the digital business consulting and implementation space. In fact, a recent McKinsey & Co. survey found that companies accelerated the digitization of their internal operations and supply chain and customer interactions by three to four years. Due to compressed timelines, however, the execution of such projects is fraught with risk.

The best way to ensure success is to make sure you are choosing the right projects to spend your limited time and resources on. This is where having a structured innovation process can help. The innovation funnel is a concept commonly used in research and development organizations to question proof of concept and better manage risk, but it can be applied in any environment where you need to pick winning bets.

Defining the Innovation Funnel for Your Operations

A quick search for “innovation funnel” will yield hundreds of different diagrams that grow increasingly narrower. At their core, these funnels have four main phases of innovation, with opportunities to review and reprioritize after each.

1. Ideation

Often tied to strategic goals or known pain points, the ideation phase of innovation is all about capturing innovative solutions and centralizing the information for review. You can solicit ideas companywide through brainstorming sessions, hackathons, customer inquiries, and so on. Employ the five W’s (Who, what, when, where, and why) and use a template to standardize input. As you review, look for which projects could bring the most value — through new revenue streams, better enabling current resources, or other critical innovation criteria.


2. Investigation

Now that you have a shortlist of potential projects, use the investigation phase to conceptualize and compare them. This often means building a more detailed business case, researching alternatives in the market, and laying out the plan to deliver on the potential value. Here, you should consider the time to value, feasibility, and risks of each proof of concept so you can make an informed decision on the positions you select.


3. Testing

The goal of the testing phase is to develop and deploy a lightweight test that will validate assumptions and help determine a heavier investment of time and resources. If you’re considering offering a new service, is there a way to test it with current customers? Are there ads you can run to gauge interest? If you’re developing an internal tool, are there prototypes you can develop through mock-ups or low-code alternatives? When evaluating tests, do you see enough of a benefit to continue? Is it in line with initial assumptions?


4. Implementation

In the last phase of the funnel, you should start on an innovation implementation plan. You’ll need to determine the timeline, resource allocation, responsible parties, success metrics, benchmarks, etc. As with any new project, it’s important to continue to track progress and bring any learnings back into the funnel process.

Remember that the innovation funnel must work for your business and the scale of your organization. Provide clear communication across the company about what you’re looking for. Your goal should be to run the innovation funnel on a regular basis and make it a core practice.

Benefits of the Innovation Funnel

While the ultimate goal of the innovation funnel is to take ideas from concept to reality, working through the various phases of innovation has other organizational benefits. For instance, employing the funnel allows you to:

• Obtain a cross-functional view

It’s common to develop tunnel vision around strategic priorities and operational key performance indicators. By taking a crowdsourcing approach to ideation, you can expand your focus across departments and hierarchies. You may discover unknown pain points, operational vulnerabilities, insufficient resources, or other business obstacles that can be solved through thoughtful proposals. What’s more, collaboration can increase innovation success by 15%.

• See clear project value

Too many digital transformation projects get to the launch planning phase without a discernible business case or measurable KPIs. When putting projects through the innovation funnel, a baseline level of rigor is automatically applied. Why? Because each idea has been considered on its own merit and compared against others. Everyone must acknowledge whether they’ve selected a project for subjective or objective reasons. The funnel also provides a clear project management structure, and businesses with such a structure in place have 38% more successful projects.

• Understand resource project loads

Project overload is real, and it can consume your best people because they’re often tapped to be subject matter experts. Evaluating projects at each phase of innovation lets you review who you’re asking to step up. If it’s the same people over and over, consider whether the project is more important than their day-to-day responsibilities and reprioritize from there.

• Identify engaged employees

Finding your most passionate and engaged team members has never been an exact science. Ideation opportunities and follow-up projects allow for different avenues of engagement and expression that can reveal individuals you might not have come across before. You may also see people self-organize into groups that you wouldn’t have put together. Companies with engaged workforces experience 21% higher profitability, so the innovation funnel can truly impact your bottom line.

Try designing your own short innovation funnel. Take a day to weigh the potential implementation of this against other opportunities in your queue. If it’s worth pursuing, outline your business case and key tenets to shop it among your cohort. See whether there are people in your organization who are interested and have the bandwidth to take on a trial. Learn from this and iterate before generating a larger program.

10 Things Leaders Get Wrong When Tackling Racial Bias

There is no doubt that there are several leaders out there with the good intention of ensuring all their people are treated equitably, equally, and fairly. Many, moved by emotion and compassion and fuelled by reported statistics, stories of unfairness and racism, make declarations and take steps to drive positive change. These actions include establishing employee resource groups (ERGs), creating forums to share lived experiences, introducing reverse mentoring initiatives, and appointing heads of inclusion and similar.  

However, change remains slow, and while there may be many reasons for this, there are some that lie in the gift of the leader. Here are 10 of them for your consideration. 

1. Not investing enough time in your own self-awareness 

Physician first heal thyself is a saying that works well in this context. Self-understanding and awareness are something that leaders spend less time on than they should, and this makes it difficult to genuinely appreciate the unconscious bias that you have as individuals. Every adult human being is a product of background experiences, parental influence, culture, and so much more. Understanding how these things influence how you relate to other people – particularly people who are different from you – is a step towards tackling racial bias. 

2. Not proactively diversifying your own team of reports 

As a child, my mother often used an expression to demonstrate the importance of first making your own changes before asking others to do the same. That expression is “charity begins at home.” Many leaders who profess to ensure that racism and racial bias are stamped out are likely to have a racially undiverse team of reports. 

Suppose your organization is low on racial diversity. In that case, it minimizes your ability to genuinely appreciate the challenges of what can and must be done in your area of influence to ensure lasting change. Work to bring racial diversity into your team and organization. Set meaningful targets for yourself and your people. Work with your People and HR Team to have an effective onboarding process for all– one tailored to each individual’s needs – and over time, there will be a step towards consistent progress for all. 

3. Not proactively diversifying your HR Teams

HR is the critical partner to leaders in the world of work for your people. It is a leadership profession and is accountable for the well-being and welfare of all the people in the organization. However, the profession which should be taking a leadership role and partnering with the other leaders in the organization is itself not racially diverse, which puts it on the backfoot in its ability to effectively tackle and support colleagues in tackling racial bias. While the governing bodies for the profession provide insightful reports into the extent of the challenge, such as this one from SHRM, there is more to do within the body of the profession itself. If you are not racially diverse yourself, it is difficult to genuinely appreciate the depth of the problem. For example, the equivalent of SHRM in the UK – the CIPD, wrote in its  CIPD Race Inclusion Report that 88% of CIPD members identify as white and less than 10% of HR professionals in the workplace are from a different race to the majority. When you get to more senior levels, the percentage is lesser still, with a small number of Chief People Officers and Chief Talent officers being from a race other than white. 

4. Not going beyond a tick in the box

Many leaders put their entire teams and organizations through unconscious bias training, which can be applauded, especially if done from a place of care. However, the mistake is believing that once training is done, the problem is solved. Eliminating bias will not come from training alone. To take a step towards eradication, adequate resources should be invested in a root and branch review of every people process. Leaders and team members should understand the consequences of not adopting the behaviors required to enable inclusion. In the same spirit, excellent behavior and role models should be called out and recognized.  

5. Appointing a Chief Diversity Officer or Head of Inclusion without support

One way business leaders have demonstrated their stance against racial bias is the appointment at a senior level of a Chief Diversity Officer or Head of Inclusion. This is great as it shows a point of contact and a high level of accountability. The mistake, however, is that several are not provided with the resources required to execute the responsibilities of the job successfully. 

Sometimes they are tucked underneath an HR leadership team with little or no understanding of what it takes to eradicate bias. Therefore, if you appoint a leader into the critical role of leading the diversity and inclusion function in your organization, have them report into the highest level possible, give them a budget that can help make a difference and equip them with the mandate to drive change up and down the organization.

6. Allow denial from others 

Allowing others to deny the existence of racism is a mistake made in some organizations. Racism in the workplace still exists worldwide, as is highlighted in this HBR article. In fact, when there is stated denial, this can be evidence of racism, as highlighted in this article and talk at the University of Rochester, USA. This states that denial is the very heartbeat of racism. When you as a leader act like racial bias is a myth and at the same time allow your leaders and colleagues to do the same, you will enable it to fester. As leaders, you have a duty, a responsibility, and accountability to role model the behaviors that show there is no room in your presence, your team, and indeed your organization for any racial bias. It is unacceptable and undermines the dignity of another human being. Everyone, without exception, has a right to belong and be respected in the workplace. 

7. A reluctance to take a risk

To effectively tackle racial bias in the workplace, there must be a willingness to try the unknown and the unfamiliar. Leaders must role model this. Yet one of the things that leaders get wrong is an unwillingness to take a risk or do something that would be uncomfortable. As leaders, you must be willing to sacrifice your comfort for the team’s greater good. It means being willing to work with that little-known supplier, to challenge your colleagues and yourself on your hiring decisions. It means being willing to back those in the minority, calling for more stretching targets when it comes to race, even though you may be unpopular for doing so. When you choose to be the type of leader who believes that tackling racial bias is the right thing to do, progress can and will be made. Glassdoor recognizes companies who do this. 

8. Acting like all races are the same!

No two people are the same even if they look and sound similar and, even more so, no two races are the same. Therefore, behaving like they are all the same is a mistake. 

Leadership is relational, and while it is essential to ensure you sanction initiatives that give all your people a voice and way of speaking up and speaking out, it is also vital to ensure that there are initiatives in place to address the specific needs of different racial groups. Here in the UK, it is encouraging to learn that the expression BAME is becoming unpopular as it may prevent the real issues and needs of diverse communities of talent from being met, as is illustrated in this BBC report.   

9. Not making the pursuit of love-based leadership a priority 

Love is the unconditional acceptance of all of who I am, warts and all, and the unconditional acceptance of another person warts and all. Black history month presents an opportunity for all leaders and teams to genuinely explore the opportunity and the difference that a love-based culture and leadership would make in their organization. 

If inclusion enables diversity, then love is fundamental to inclusion. In a world and workplace where the pursuit of inclusion is critical, eradicating racial bias must be a prerequisite. When a leader operates from a place of love, they are willing to listen not only to the lived negative experiences of the black talent – and talent with different racial backgrounds – in an organization but a willingness to elicit and act on what can be done to change those experiences into positive ones. 

It is a willingness to put personal, leadership, and career development interventions into place and underpin these with measurable goals. 

10. See racial bias problems as part of your self-mastery as a leader

For the individual leader, love-based leadership is the pursuit of self-mastery – to be the best self possible. You as a leader must do this knowing that the impact you could generate through role modeling this and encouraging it through your teams and organization will result in a workplace culture where everyone without exception feels like they belong. Tackling racial bias then becomes the responsibility and accountability of all. 

Therefore, for every leader who reads this article, if you choose to pursue one thing in your quest to genuinely tackle racial bias, pursue the active presence of Love – that unconditional acceptance of self and others – in the workplace. It is the key that unlocks inclusion and diversity and ultimately eradicates the presence of racial bias and, indeed, any other bias. 

Business Owners Should Care More About Creating and Less About Disruption

They say that imitation is the sincerest form of flattery. However, we are all familiar with the saying, and many of us have either been on the giving or receiving end of this at some point in our lives. Furthermore, sure, this saying may ring true when someone imitates your style or finds interest in the same hobbies that you have, but it’s meaning does not hold up in business.

Entrepreneurs are so predisposed to imitation that it pervades their ability to become innovative thinkers. No entrepreneur would ever dare call themselves a copycat. Instead, they call themselves disruptors. Nevertheless, I would argue it is the same thing.

Why is this bad for business, exactly? Let us take it back to the late ’90s. When Clayton Christensen first coined the idea of disruptive innovation, it was a novel concept full of promise and the very thing that entrepreneurs chase: power. It described the process of how a product or service would take shape at the bottom of a market and relentlessly work its way up until it eventually displaced the market’s most established competitors. Sounds like every entrepreneur’s dream, right? Except, like what happens with most business concepts, time oversimplified its meaning. 

Today, when we think of disruption, we think of carnage — the weak dethroning the strong, a process that will repeat itself for the rest of history. However, here is the problem: when we focus too much on the idea of disruption, we obsess over the quest to conquer the competition rather than figuring out how to successfully target overlooked segments in a given market to grow our companies while also bringing value to the industry and its consumers.

In other words, we should focus less on destruction and more on evolution. This requires a level of forward-thinkingness and creativity that not many entrepreneurs have, which is why so few actually “make it” big. Southwest Airlines is a perfect example of this. When the airline was starting, society believed that only the well-off wanted to travel by plane. However, Southwest Airlines chose to ignore that perspective and pioneered the first low-cost carrier model, which invited regular people into the skies to travel. As a result, they did not have to drive other airlines out of business to find success; thus, they grew the market, and success followed. Moreover, today, they are among the best-ranked airlines in the world, showing that creativity prevails over disruption. 

IKEA also shares a similar story. After opening their first store in South Korea, the resulting ripple felt throughout the country was not an evaporation of all of South Korea’s furniture stores. Instead, the opposite happened. For the first time in two decades, the market experienced a 7 percent growth rate. Rather than aiming to push out other retail stores, IKEA added something to the market that did not previously exist. Not only did they see a massive spike in sales, but this new retail experience reinvigorated a love for furniture shopping in consumers that spread throughout the area as well. 

In both of these examples, Southwest Airlines and IKEA became giants in their industries on the back of inclusivity. Their goal was not to steal business away from other companies in the market; it was to add value that did not exist at the time. I think that is my biggest issue with disruption. Entrepreneurs who white-knuckle the idea of disruption focus on taking away established products or services because they believe success is only possible when their competitors are destroyed and gone from the market altogether. Instead of innovating, they copy existing business models and aim to do it bigger and better. Sure, sometimes this works, and other times it does not, but I ask: where is the value in this either way?

There is none. By eliminating products and services from a market and replacing them with a rebranded version of the same products and services, you are not benefiting consumers at all, you are just aiding in the problem of market oversaturation. In these instances, it is evident that the end goal is not about reimagining how the market can better serve consumers and change the way they live and think, it is all about the pursuit of money. 

Profitability is one way to measure success, but it should never be the only lure of starting your own company. Instead, entrepreneurs should strive to provide value and solutions that do not already exist in the market. What inspired the foundation of your business? How do you intend to be different from other businesses in the industry? Leaders who thoughtfully and creatively answer these questions ⁠— where financial gain is not the only priority — are the ones who have the best chance of building legendary companies. For example, if Southwest Airlines would have tried to compete with other airlines that catered to wealthier passengers directly, it is very likely we may have never heard of them today. However, because they reimagined the travel industry and saw an opportunity to open up flying to the general public, they have cemented themselves as leaders in the aviation industry and set a new precipice for flying for decades to come.

Do not get me wrong — disruption is not bad in and of itself. However, it is usually never the intention of promising entrepreneurs. These entrepreneurs saw the potential in opportunity rather than in destruction. This is not to say that disruption will not inevitably happen as companies expand and markets shift, but it should be a side effect of creativity, not the precursor to carnage.

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