Friday, August 14, 2020

Embrace Conflict and Diversity to Grow the Strongest Possible Teams

2020 has been a time of unrest, listening, and re-evaluating priorities.


Businesses have been particularly challenged to examine their own biases and to proactively seek the well-being of all people. While topics of diversity and inclusion can be difficult to navigate, strong leaders recognize that a variety of opinions and backgrounds bring a better result.


At P&G, this mindset drives leaders to embrace conflicting opinions. To create an inclusive environment, supervisors try not to shy away from disagreements or heated discussions:


“Accessing diverse points of view is vital in creating optimum strategies and plans,” said Geraldine Huse, CEO & chairman of the board. “An inclusive leader creates an environment where disagreement is viewed positively. I have learned from experience that the more diverse the team, the more debate and disagreement we have and the better the outcome . . . Listening to people, understanding and solving problems collectively, taking advantage of all the diverse experience – this is what makes an inclusive leader successful.”


Leadership is Influence


No factor plays a bigger role in creating a company’s culture than its leadership. 


Many people think of leadership as a top-down, closed circle of directors. But real leadership is influence, so scientists describe leadership differently. Specifically, leaders are people who can navigate a psychological process that enables individuals to improve collective actions. The best teams are comprised of people who set aside individual, selfish agendas to work as a cohesive unit. Here, groups achieve something powerful they could never accomplish alone.


If you want to develop effective, influential leaders, collaboration is key. While there is no simple method for building an inclusive corporate culture, here are three traits you can encourage in yourself and others.


Humility


Being in charge doesn’t mean you are right.


Read that sentence again, because we all need to hear it! One of the primary reasons you’ll fail to grow as a leader is your temptation toward pride. Just because you feel confident about something doesn’t mean you couldn’t be wrong. Humble leaders are willing to listen to others, to admit weakness, and to change their minds.


Courage


People who influence others are those who drive change.


But this can be very uncomfortable! While it is rarely convenient to challenge the status quo, innovation and diversity can’t flourish in static environments. In particular, courageous leaders are clear on their values and principles, but they are brave enough to do things differently. As Dr. Carol Dweck once said, the word FAIL means “First Attempt In Learning.”


Courageous leaders can walk away from unproductive situations, and they view diversity as an opportunity rather than a challenge.


Curiosity


Leaders are learners, and no trait is as foundational for growth as curiosity.


Curious leaders are interested in other people and don’t shy away from those different than them. They are eager to understand why people think the way they do, and they aren’t afraid to engage with those who disagree.


To be a curious learner, ask a lot of questions (even dumb questions!). Work to suspend your embedded attitudes, experiences, or assumptions, and lean into a mental or emotional state where things “might” fail. Allow people to explore imaginary outcomes with phrases like, “could it be?” or “what if?” Then listen without judgment to learn.


Fuel Synergy From Diversity


Do you want to build a culture where everyone can thrive?


Leaders who can create a strong synergy out of diverse (or even opposite!) individual elements will embrace conflict and welcome different perspectives. By reducing the homogeneity of groupthink, you will maximize collaboration, encourage personal and corporate well-being, and keep your decision-making biases in check.

Friday, August 7, 2020

What to Do When You're Tempted to Give Up on Your Business

“It’s not whether you get knocked down; it’s whether you get up.”


- NFL Coach Vince Lombardi


 


Should I give up?


It’s the question that hits every aspiring leader at some point. It’s a seed of doubt rooted deep in our emotions and our identities as humans.


As an entrepreneur, you will continuously face discouragement that threatens to cheat you out of hope and possibility. When you are tempted to quit on your business, what should you do?


Rest is Best


While there are many things you can do to combat discouragement, one of the best things is also the simplest: REST.


Making decisions when you are fatigued or depressed can have long-lasting consequences. A pessimistic outlook can shape the trajectory of a decision, leading to poor outcomes down the road. And weariness has real effects: one study found that U.S. clinicians were 26% more likely to prescribe unnecessary antibiotics to patients during the fourth hour of work on a typical day.


When you feel beat down or uncertain, get a few good nights of sleep, take a vacation, or focus on a different aspect of a challenging project for a bit. Taking time to replenish your emotional and mental resources is one of the best decisions you can make.


Look for Opportunities


When you only focus on problems, the result is restlessness, anxiety, and ulcers.


Instead, push yourself to look for opportunities. In the COVID-19 season, that’s what many businesses are doing.


Sugarbird Sweets and Tea, a California-based scone specialist, grounded their business in selling sweets and teas wholesale to restaurants and hotels. But once stay-at-home orders were issued, these catering orders dried up and clients disappeared:


“Within three weeks, we were down 95 percent of our revenue,” said Kei Okumura, founder and owner of Los Angeles-based Sugarbird Sweets. “We had to quickly pivot to support and provide our services to consumers, direct.”


Sugarbird made an intentional shift from catering to individual online orders. This meant upgrading their platforms and shipping logistics to better serve current and future customers. Okumera says that, though this has been challenging, she sees the rapid increase in online presence as a push toward growth: 


“I think it’s a good thing—I think it’s a great thing,” Okumura said about going online. “If I could ship this nationwide with hubs across the nation, so I can do two-day shipping to New York or to the Midwest, that would be fantastic.”


While this season is demanding, it can push every entrepreneur to tighten their business plan and drop any distractions.


Reconnect with Your Why


People are most tempted to quit when their business isn’t making money, or it’s just not fun anymore.


A business won’t survive long if enjoyment or profit are the only things driving you. So, when you’re feeling weary, re-examine the greater meaning that motivates you. Get with other trusted friends and talk through questions like these:



  • What do we love to do?

  • What was the difference we set out to make in people’s lives through this business?

  • How does our company or idea bring distinct value, comfort, or joy?

  • Why is our company unique?

The Heart of Every Entrepreneur


While ideas come and go, entrepreneurship is an identity.


To be an entrepreneur is to declare that your mission is to create extraordinary value in the world. Businesses are just vehicles for that value creation, so while the outward form of your business may change, your heart as an entrepreneur will not.