Executive Presence #41 - Part 4 Leaders Derailed


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Feb 23 2018 71 mins  

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, [email protected] 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.