Business, Life, and Coffee Podcast: Do Women Make Better CEOs Than Men?

Truitt_7312-07

I recently had the opportunity to speak with my friend and entrepreneur extraordinaire, Joey Price of JumpstartHR on his Business, Life, and Coffee Podcast. We had a great conversation about when I knew I needed to start my business and discussed whether women make better CEOs than men.

You’ll have to listen below to hear what I had to say about whether women are better than men at leading organizations. I think you will be surprised at my response. The one thing I learned for sure listening to this podcast is:

“We all have a story and we should share it as much as the universe will allow.”

Joey was able to capture my journey to entrepreneurship in a way that I have not in the past. Life often feels like thousands of vignettes that run into one another, blend and become distorted the further away from them you get. Asking the right question and a dose of honesty will always bring forth something compelling and useful.

Joey and I started on our social media journey at about the same time and have since become both colleagues and friends. It is pretty neat to see where both of us have landed respectively in our lives and businesses.

If you have a business, are thinking of starting a business or just have an interest in a story about someone who chased their dreams when everything was falling apart around them – you will want to listen to this podcast.

Please feel free to share your thoughts with me on the podcast below in the comments. Also, if you like this episode you will love the variety of his other shows- give them a spin!

Thanks for reading and supporting! I appreciate you immensely.

 

Three Reasons Why Companies Should Provide a Pathway Back to Work for Moms

Women's Rights

As we continue to explore all of the segments of diversity that deserve our attention, let me add another one to the ever-growing list. If you couldn’t tell by the title – the segment I am speaking about is: Moms. Some of women are fortunate enough to be employed by an employer who understands that there is much more that can be done for women returning to work than what FMLA provides. Those women are in the minority. The larger chunk of this segment is betrothed to companies who either don’t care or aren’t creative enough to create opportunities and pathways for mothers returning to work after starting their families.

Did you know?

The U.S. is one of three countries along with Oman and Papua New Guinea that does not offer paid maternity leave. This is a clear indication that we are not only lackluster in support of women before they become mothers, but that we neglect them on the other side of motherhood as well. As such, “off-ramping” or leaving career tracks for women is not just an option but a decision made under the duress of the stigma placed upon women who decide to have a family.

According to the Center For Talent Innovation’s 2005 study, 37% percent of professional women in the U.S. left their career track at some point. 66% opted for flex-time, temp and part-time work instead of completely off-ramping. According to a 2015 Huffington Post Women article by Sylvia Ann Hewlett, the numbers had not changed much when they revisited the 2005 study in 2010. Shocking!

Let’s be honest… let’s be real.

Women should be able to start a family whenever they choose. It isn’t a decision that requires the ever-popular buy-in of line managers and the C-Suite. That said, when a woman makes that decision- it shouldn’t be the case that she has to bid adieu to her career aspirations, upward mobility and financial security.

Unfortunately, women are hindered. There’s a stigma around pregnancy and being a parent in many companies. While I choose to focus in on women for the sake of this piece, the stigma extends to any person – who has to put familial obligations before their work at some point.

I can remember so many days working for previous employers – where my need to leave at 5pm was met with grimaces and rolling eyes. I recall many days that one of my children were sick and I had to hear the long sighs and pauses directly after letting my immediate supervisor know I would be taking the day to care for them.

From where I sat, starting a family was seen as an affront to what the company needed to accomplish. How dare you set them back like this? You want to take longer than FMLA will allow, we can’t guarantee your job because you need more time. “Good luck and best wishes” is how they say: “You were great until you decided to have this family, good luck being hired again, but we are moving on.”

Leaning-in for the win or not.

There isn’t enough leaning-in in the world that can change an archaic mindset. If companies believe a woman who has family obligations is worth less than one who can sit behind a desk for 12 hours a day and then again from home neglecting their personal wants and needs – I would say they are insane. One isn’t better than the other – it’s just different. We need to stop alienating women because they choose to have a family. More importantly, we need to welcome them back whether it is after a short or long hiatus- offering different options for either scenario.

Here are three reasons why companies need to provide a pathway for women back to work after starting a family:

1) A 2013 Pew Research Center Survey indicated that 40% of households with children under the age of 18 have mothers who are either the primary or sole providers of income for the household.  By eliminating the pathway for women to return to work, you are very likely creating economic disparities for not only women, but for families on the whole. Washington Post reported last year that 47% of Americans cannot afford an unexpected $400 expense. Already strained household budgets, plus unpaid maternity leaves, coupled with women out of work due to lack of opportunity is very likely a financial burden/nightmare for many families in the U.S.

2) Can you afford to lose another segment of the workforce? KPMG published their 2016 Top Global Market Trends last month. One of the five takeaways from this report was that: “Talent shortages are still top-of-mind for many leaders and they see it as the new norm.” I’ve mentioned in other articles that I think the talent shortage is more perceived than actual. How can we claim talent shortages when we are willfully turning away women from the workforce? Realistically, no organization can afford to lose this segment; which is why it makes sense to create circumstances that favor them staying.

3) It’s the right thing to do. How much more volume do women’s issues need for the parity and double-standards to stop? Every person deserves to be able to sustain themselves and their families by way of gainful employment. Women owned-businesses are on the rise and they are likely to rival establishment businesses and their archaic thinking. The true talent shortage is when women push out the big guys and focus on all of the items that were off the table like: paid maternity leave, flex-work arrangements, backup daycare, eldercare options, paternity leave, phase-back programs etc.

I covered this topic in further detail on my show: Ask Czarina Live ™ Unbothered: Moms Returning To Work. Check out the episode below.

 

 

 

A Perfect Union: Talent Management and Predictive Analytics

Image courtesy of Flickr.

I recently had the pleasure of speaking with Human Capital Institute on the HCI Podcast. The focus for our discussion was: The Future of Predictive Analytics in Talent Management. It’s interesting to think about the future of this union- yet it would seem that we are getting ahead of ourselves to be so forward-thinking. One of the things I hope came across in this podcast was that the adoption of predictive analytics, big data and the like doesn’t need to be complicated.

In recent weeks, I have discussed the perils of trying to keep up with every trend in business. The key to unlocking the potential of this perfect union between predictive analytics and talent management is starting with what you have – regardless of where you think you need to be on the data continuum. There’s no script anyone can write for how HR should be utilizing data. Every organization has to decide why the data they are collecting is important and how the answers they receive will help them improve something or reach an outcome.

It is my belief that talent management is one of the more useful places to start to use analytics. How many more times can your times can you meet to decide what referral sources garner your recruitment team the best candidates? This is a common discussion among recruitment teams that could be easily answered if you can get everyone to focus in on the data surrounding referral sources. If you know what’s working and what is not you can begin to document trends. When you start documenting trends, you can start being more predictive in modeling and forecasting your recruitment efforts against the data you have for referral sources. The same is true for using analytics for retention, development and succession planning.

Here’s a tip:

It doesn’t matter where you start looking within your talent management practices. Choose an area. Decide what you want to measure and then examine it consistently to discover trends. Those trends will help illuminate blindspots and areas of untapped opportunity. Once you know what those areas are, you start to take action. Additionally, your goal is to use the trends you find to forecast and model for the future – instead of operating and/or planning just-in-time.

Predictive Analytics isn’t about taking one giant leap or step. It is about the cascading of knowledge you derive from your data around talent management to make better decisions. Becoming data-driven requires an open mind, consistency, and action.

Listen to my podcast with HCI below to hear what else I had to say about this perfect union of predictive analytics and talent management.

 

https://www.youtube.com/watch?v=Nyi849ZMHF8

From Panera Bread to the Boardroom: Two Moms Collaborate to Empower Women

WLAM-Talent Think Partnership promo

Three years ago, I was a part of a small social media team that was covering the NY Business Expo Summit in New York City. After several hours of busily typing soundbites of some of the brightest minds in Social Media, I sauntered to the nearest lavatory where I was approached by Dr. Hilary S. Berger, Ed.D of Work Like a Mother®. She was fascinated with the speed at which I was typing and covering the event and asked me if I could help her hone her skills.

Not too long after the event we met in a Panera Bread in New York City to discuss the possibility of working with one another. As we were sharing our backgrounds and journeys as mothers, we realized we both had a passion for seeing women thrive. We spent most of our time talking about what we might be able to accomplish together someday. These lofty wishes were wrapped up in us being able to provide programs, events, and workshops that could assist women who have lost their way with a way to become relevant again through unique learning opportunities- an academy of sorts.

Some three years later, I am happy to say that academy was launched in 2015 as the Work Like a Mother® Career Academy for Social Media and Job Search Training. I came aboard as a social media and personal branding instructor. In 2016, we are collaborating in a more formal fashion to create new programming and provide the next iteration of the Work Like a Mother® Career Academy for Social Media and Job Search Training.

Our first collaboration is a program that was one of my proudest achievements for 2015- my Talent Think Social Circle Virtual Mentorship Teleclass ™. I launched this program with an idea, shoestring budget and blind faith from October through December of 2015 following the conclusion of the academy and it was a success.

Class “Usie” after my Art of Personal Branding and Social Media Workshop.

 

With the interest and support of Work Like a Mother®, my program has an extended lifeline and has grown into a multi-level program serving two separate needs for the women we serve:

1) Some women just want to re-enter the workforce. As such, their primary interest is in enhancing their skills and building the confidence needed to become a marketable candidate in an ever-difficult and selective job market.

2) In complete contrast to the previous example, there are women who have ideas for businesses they want to launch and need a place where they can incubate and grow those ideas into businesses. They too require some up-skilling and coaching to get there and we want to serve that need as well.

Who better to nurture women who have either of these needs than two mothers/business women that understand and empathize with their journeys. Corporate America isn’t checking for them and certainly hasn’t made much progress in ensuring the career mobility and flexibility of women, so we are tackling it in the only way we know- through education and coaching.

WLAM Open House

Work Like a Mother Open House (1.15.16)

 

You may be thinking what does this have to do with Human Resources?

On the surface, probably not anything. Let’s dive a little deeper though. When I worked in HR, I recognized that people could skip along all day creating policies and procedures without any care or concern for how it impacts the workforce. We were keeping the organization compliant and that is necessary. However, I often wondered if things would be different if Human Resources could function in a truly altruistic manner. My HR buddy, Dave Ryan shared something rather profound in a recent blog post. The post titled: “A Utopian Workplace”drove home an important consideration which is: “it is hard for HR to create a utopian society in the way everyone expects when society has yet to right certain human wrongs. I have to agree and I believe one of the things we have screwed up left and right is how women are regarded and treated in the workplace. More disturbingly is how women who choose to become mothers are often displaced and forgotten. While my collaboration has really nothing to do with HR directly, indirectly Hilary and I are attempting to triage the ills of society from the outside-in-with the hope that these women can thrive and succeed in the way that is most meaningful for them.

If you are interested in learning more about our programs, go to: http://worklikeamother.com/Mentorship.html.  In addition, if you are interested in featuring us on your blog, publication, podcast etc. to discuss our work we would welcome the opportunity to collaborate with you.

Here’s a little more insight on Dr. Hilary S. Berger, Ed.d and Work Like a Mother® worth knowing:

Dr. Hilary S. Berger, Ed.D. is the founder of Work Like a Mother®  and is a Career Counselor and Board Certified Licensed Professional Mental Health Counselor who earned her Doctoral Degree from Columbia University’s Teachers College. With office locations in Fairfield County Connecticut, Dr. Berger has pioneered a solution oriented career counseling system designed exclusively for educated mothers at home raising their families. She has counseled women in transition both in university settings and in private practice for over twenty years.  Work Like a Mother®, a thriving and dynamic community for mothers, is a one stop shop for mothers rebuilding their professional relevance and marketability during and after their parenting years.

Are We There Yet: The State of Digital Marketing and Data Adoption

Campaign/FTC disclosure: This is a sponsored post. I will receive compensation for this post. I only work with companies I feel have great products, services and offerings. In accordance with my blog disclosure statement, I will only work with and showcase products, events and/or companies I believe my readers will benefit from. Dun & Bradstreet hired me as a blogger to cover their Data- Inspired Digital Strategies Forum Event in New York on December 1st, 2015.  I am not formally employed by Dun & Bradstreet. All thoughts and viewpoints are created and written by me. I am disclosing this in accordance with the Federal Trade Commission’s 16 CFR, Part 255: Guides Concerning the Use of Endorsements and Testimonials in Advertising.

Image courtesy of Dun & Bradstreet.

Image courtesy of Dun & Bradstreet

It turns out the answer to the aforementioned question is a resounding “no”. There are a lot of ideas and theories about how businesses can effectively engage with their respective markets. Unfortunately, the limiting factor at the moment is not that we don’t have enough data or even opportunity to be actionable- but that we have too much data and very little adoption of using it for most purposes in business. This was just one of the many takeaways I gleaned from the panel discussions at last week’s Dun and Bradstreet’s Data-Inspired Digital Marketing Strategies Forum – which took place at the Sofitel Hotel in New York City on, December 1st.

Image courtesy of Dun & Bradstreet

Image courtesy of Dun & Bradstreet

The big question of the day was: How can we use data to better reach the right people at the right time?

Have you noticed that many of the ads that you view online now seem somewhat tailored to things you search or products, services and people you are interested in? What about the sudden shift in voice of several of the leading brands? The vintage use of catchy phrases, jingles and an impersonal tone is no longer the foundation of good marketing or good business. We’re in an age of rapid transformation on all fronts of business. Think about the last commercial or ad you viewed. Chances are the commercials or ads you viewed didn’t just cut-to-the-chase and urge you to purchase something. Of late, marketing is starting to sound and feel a little more personal. It is almost as if the company trying to get your attention had you in mind when they created said service, product etc. What is clear is that businesses must meet the customer where they are by making sure they are engaging with prospective customers with the right messaging or solution at the time when they are poised to make a purchasing decision. Anudit Vikram, SVP, Chief Product Officer-Audience Solutions for Dun & Bradstreet shared that: “Digital Marketing is about how many integrated touch points we can have with prospective customers across all channels.”

It turns out looking at “quantity” of touch points alone isn’t a comprehensive marketing approach either. Businesses have to also be mindful that the data they are harnessing is quality. Your insights and planning will only be as good as the data that has informed it. This is where many companies are missing the mark. It is key to take a step back and consider what the overall plan is. As I have mentioned in several articles this year, you cannot do the “data thing” just to do it. It was echoed in several of the talks that there needs to be clarity around the outcomes businesses are trying to achieve. It was also strongly suggested that businesses have a concrete plan for how they will harvest and synthesize the data that will facilitate digital marketing initiatives.

To ensure that you are on the right track to having good and clean data, do the following:

  • Start small by piloting your data collection on one initiative or program. This allows you to triage any issues and standardize your measurements before extending your methods to other areas of the business.
  • Be clear on what measures and methods you will use to measure outcomes. Data is only as good as its inputs.
  • Implement the right technology resources to facilitate the collection, evaluation and application of your data. Technology implemented correctly can be helpful in centralizing the collection and management of your data- decreasing the necessity of having to manipulate the data regularly due to errors.

It is clear that the way we conduct business and market our services has changed given the digital climate we are experiencing. What isn’t as clear is: How do we get people to consistently make use of the data that is available them?  Moreover, how do we get people to see that the use of data (be it in marketing or otherwise) as an opportunity and not as a threat?

Image courtesy of Dun & Bradstreet

Image courtesy of Dun & Bradstreet

Looking towards 2016 and evaluating the state of data adoption and data-driven marketing Josh Mueller, SVP of Digital Operations at Dun &Bradstreet stated: “2016 is an inflection point for digital marketing.” That is to say that we’re at a prime point on the trajectory and evolution of digital marketing where we are poised to “target, capture and convert” our most prized customers. It is time to decide whether your business can survive with or without the use of data insights. Better yet, can you afford to continue blindly marketing to your customer segment while settling for marginal responses and outcomes. Let 2016 be your “inflection point” and reflect on how you can start putting the data you have today to work in an effort to improve your business across-the-board.

 For further insights from the event, check out two of the speaker presentations below:

Theresa Kushner, VP of Enterprise Data Management- Data, Data Everywhere: Making the most of it in the 21st Century.

Josh Mueller, SVP of Digital Operations at Dun & Bradstreet and Anudit Vikram, SVP Chief Product Officer-Audience Solutions for Dun & Bradstreet- Data-Inspired Digital Marketing.

 

Translate »