leadership for women business owners
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Women do business differently in some ways than men. Women entrepreneurs face different challenges, and approach problem-solving in some different ways. We also need to practice leadership skills and abilities, for all areas of our lives. Leadership is a PROCESS, rather than a destination. That's why it is considered a practice, always evolving. Here are some starting places, as suggested by some experts in leadership. Pitfalls that are not the exclusive purview of women (but neither are they uncommon) are also included.TRANSCRIPT
Leadership Habits for Women Business Owners
presented to NAWBO Atlanta
Nancy ChorpenningFounder & Managing Director, C-Suite Advisors
@CSuiteAdvisors
Leadership for Women Business Owners
❖ What is Leadership?
❖ How does Leadership manifest in business?
❖ What Leadership differences ought women to be aware of?
❖ How do I develop Leadership skills and abilities?
© 2014 C-Suite Advisors, LLC
What is Leadership?
❖ Organizing & directing a group of people or an organization to achieve a common goal
❖ A process of social influence in which one person can enlist the aid and support of others in the accomplishment of a common task
❖ Employees, contractors, customers, colleagues, suppliers, community
© 2014 C-Suite Advisors, LLC
What is Leadership?
“Management is doing things right.
Leadership is doing the right things.”
- Peter Drucker
© 2014 C-Suite Advisors, LLC
What is Leadership?
“Leadership is not magnetic personality – that can just as well be a glib tongue. It is not making friends and influencing people – that is flattery. Leadership is lifting a person's vision to higher sights, the raising of a person's performance to a higher standard, the building of a personality beyond its normal limitations.”
- Peter Drucker
© 2014 C-Suite Advisors, LLC
Leadership Skills
❖ Goal-setting: Where are you taking your company?
❖ Prioritizing and Planning: Are you focused or scattered?
❖ Effective Communication: Your style matters
❖ Feedback: Do you know what people think of your leadership?
❖ Relationships: Who do you know?
❖ Rewarding Employees: It’s more than just $$
❖ Facilitating Others’ Work: Making room for success
© 2014 C-Suite Advisors, LLC
Leadership Development Model
❖ Ask
❖ Listen
❖ Think
❖ Thank
❖ Respond
❖ Involve
❖ Change
❖ Follow-up
courtesy of Marshall Goldsmith
© 2014 C-Suite Advisors, LLC
5 Practices of Exemplary Leadership
courtesy of Jim Kouzes & Barry Posner
© 2014 C-Suite Advisors, LLC
Servant Leadership
❖ Listening
❖ Empathy
❖ Healing
❖ Awareness
❖ Persuasion
❖ Conceptualization
❖ Foresight
❖ Stewardship
❖ Commitment to the growth of people
❖ Building Community
courtesy of Robert Greenfield
© 2014 C-Suite Advisors, LLC
Leadership Pitfalls
❖ Low self-esteem
❖ High need for power and control
❖ People-pleasing and inability to say ‘no’
❖ Boundary issues
❖ Reactivity
❖ Caretaking
❖ Avoiding conflict
Codependent Leadership
© 2014 C-Suite Advisors, LLC
–Rolanda Watts, CEO, Watts Works Productions
“Be courageous, strong, and daring in your risk-taking business venture. Replace fear
with faith when challenged. Make work and play look and feel like the same thing. Do
what you love and love what you do.”
Bring a Positive Mindset When Building a Business
© 2014 C-Suite Advisors, LLC
– Emily Constantini, President, EMME
“When I started [my] business, I made the [conscious] decision to do three things: stay true to my vision for my product;
collect opinions and decide which are valid; and leverage resources for expertise outside
my own”
Be Sure to Keep a SolidBusiness Plan
© 2014 C-Suite Advisors, LLC
– Virginie Glaenzer, EVP, Marketing, Great Eastern Energy
“Learning from other people’s mistakes prevents you from making them for yourself and helps your business grow more quickly.”
Mentors Are Increasingly Important
© 2014 C-Suite Advisors, LLC
– Jenna Woodul, Chief Community Officer, LiveWorld
“Even though your focus is sharp — and you’re passionate, directed, and believe
you’re right — remember that business and competitive conditions change quickly; keep one foot up and be ready to pivot.”
Remain Focused on Goals
© 2014 C-Suite Advisors, LLC
– Heidi Lorenzen, Chief Marketing Officer, Cloudwords
“Look at your business frequently through both your binoculars and microscope. In a
small operation, the little things are the big things. Peer deep into your business but
don’t lose perspective by constantly focusing on details.”
Take in the Big Picture Regularly
© 2014 C-Suite Advisors, LLC
Thank you very much!
Nancy ChorpenningFounder & Managing Director, C-Suite Advisors
CSuiteAdvisors.com@CSuiteAdvisors