Sharon Price John President and CEO

Transcription

1 Sharon Price John President and CEO

2

3

4 10 th Consecutive Year

5 BEARlieve

6 Success correlates just as closely with CONFIDENCE as it does with COMPETENCY. THE CONFIDENCE CODE The Science and Art of Self-Assurance What Women Should Know Katty Kay and Claire Shipman

7

8

9 Confidence

10 Confidence: 1) a feeling of certainty arising from appreciation for one s own abilities or qualities - synonyms: self-assurance, assertiveness 2) the feeling of belief; firm trust - synonyms: faith, conviction

11

12 MY LESSON Sometimes you DO BETTER when you DON T KNOW BETTER (Has knowledge ever interfered with your confidence?)

13 Percentage of employees that negotiated their starting salary: Men 52% Women 32% Glassdoor, 2016

14 When asked how they believe they will perform on a test Findings from Brenda Major University of California at Santa Barbara social psychologist

15 Men OVERESTIMATE A Findings from Brenda Major, Univ. of California at Santa Barbara social psychologist

16 Women UNDERESTIMATE C Findings from Brenda Major, Univ. of California at Santa Barbara social psychologist

17 Yet, on average, they SCORE THE SAME B Findings from Brenda Major, Univ. of California at Santa Barbara social psychologist

18 When asked to rate themselves, men consistently ranked their performance 30 % better than the actual outcome. Honest Overconfidence 2011 Columbia Business School study

19

20 MY LESSON You need to recognize and value your strengths but not ignore your weaknesses. (Are you confident enough to recognize and demand value for your skills AND master new ones?)

21 Women who have the confidence level of their skill set are more the exception than the rule. Bloomberg Businessweek

22

23 Women are more likely than men to be perfectionists, holding themselves back until they are 100% sure they can predict the outcome. It s Not You, It s Science: How Perfectionism Holds Women Back TIME MAGAZINE

24 Research confirms that the most successful people in any given field are LESS likely to be perfectionist because the anxiety about making mistakes gets in the way. PSYCHOLOGY MAGAZINE

25 This quest for perfectionism can lead to an avoidance of risk. How Perfectionism Holds Women Back at Work Fortune

26 Perfectionism: - Creates stress, anxiety and depression - Does NOT correlate with success - Is impossible Perfectionism is the enemy of everything. FORBES MAGAZINE

27 MY LESSON Perfectionism is an exhausting excuse for having a fear of failure. (Are you confusing perfectionism with being competent, confident or both?)

28

29 MY LESSON Even if you re confident, you may still be underestimating yourself! (Are you underestimating yourself without even knowing it?)

30 When looking for a new position, what percent of qualifications do candidates believe they should have? Hewlett-Packard internal report published by Harvard Business Review

31 Women say 100% Hewlett-Packard internal report published by Harvard Business Review

32 Men say 60% Hewlett-Packard internal report published by Harvard Business Review

33 I wonder if there is a notion of women saying unless I can put a check mark next to each of these requirements in the job description I m not going to apply. I get all types of male employees who don t even come close to the description. It s probably a cultural thing. Male Hiring Manager 5 Years of Leaning In Bloomberg Businessweek

34 Only 1 in 5 C-suite leaders is a woman LeanIn.org and McKinsey & Company 2017 Women in the Workplace study Only 12% of public company board members is a woman PR Newswire 2017 Only 6.4% of Fortune 500 CEOs are women Fortune Magazine 2017

35 Yet, women perform better on the top nine behaviors that improve organizational performance. People Development Expectations and Rewards Role Model Inspiration Participatory Decision Making Intellectual Stimulation Efficient Communication Individualistic Decision Making Control and Corrective Action BETTER PERFORMANCE WOMEN WOMEN WOMEN WOMEN WOMEN SAME SAME MEN MEN McKinsey & Company Women in the Workplace study

36 And now, for the rest of the story...

37 MY LESSON Don t be your own limitation by opting out. (Have you ever limited yourself because you didn t have enough confidence to even try?)

38 Success correlates just as closely with CONFIDENCE as it does with COMPETENCY. THE CONFIDENCE CODE The Science and Art of Self-Assurance What Women Should Know Katty Kay and Claire Shipman

39 Confidence Risk/ Action Success

40 Confidence Risk/ Action Failure

41 Self-Doubt/ Fear Risk/ Action Failure

42 Self-Doubt/ Fear In-Action Failure

43 Self-Doubt/ Fear In-Action Not Reaching Potential

44 When an endeavor goes wrong, women are more likely to blame themselves. Yet, when something goes right, they credit the circumstances. Men do the opposite. It s Not You, It s Science: How Perfectionism Holds Women Back Time

45 When faced with FAILURE Women tend to Internalize = Pain = Fear = Debilitation

46 When faced with FAILURE Men tend to Externalize = Insight = Knowledge = Empowerment

47 What? FAILURE = EMPOWERMENT

48 What would you do if you knew you wouldn t fail? What would you do if failure didn t matter because YOU KNEW it is just one more step toward success?

49 Confidence Risk/ Action Success or Failure

50 Life is a series of events, and with each event we attach a meaning. It is with these interpretations or attached meanings that we define who and what we are and what we can have and do. Then we go about life collecting evidence to confirm or validate these interpretations. How Interpretation Creates Your Reality The Huffington Post

51 Confidence Risk/ Action

52

53 Everything is an illusion, so pick one that s empowering. Rules of Renegades Christine Comaford-Lynch

54 NOW WHAT? The Business Plan of YOU What s your Vision? What are your Core Values? What is the Plan to achieve ALL OF your dreams? 1) DREAM BIG! 2) WRITE IT DOWN!

55 Lean In? STEP UP!

56

57 BEARlieve

58