This month’s blog posting focuses on integrated leadership
and why it makes good business sense. This is an excerpt from Rebecca Shambaugh,
President of SHAMBAUGH, which was posted on her blog site on March 4th.
Please see her bio after the blog post.
Building a Business
Case for Integrated Leadership
by Rebecca Shambaugh
In my last post, “Why We Need
Integrated Leadership”, I discussed several
reasons why companies need to begin moving toward a more balanced, integrated
approach to leadership. I explained how in our ever more complex and connected
world, organizations no longer have the luxury of failing to tap into the full
capacity of their leadership team. We need all voices on deck to create a
unified and integrated group of leaders who can leverage each other’s unique strengths, while integrating both the
practical and creative insights of different perspectives.
But how can companies turn this vision into reality?
A great start is to begin to build a business case for Integrated
Leadership. Learning to communicate solid
business-related rationale for creating a more diverse and balanced leadership
culture can help move companies beyond the “stuck stage” when filling senior
leadership positions.
There’s no need to reinvent the wheel
when it comes to building a business case for Integrated Leadership. I
recommend that companies get the ball rolling by focusing their talking points
around the following four messages:
- Women have become an important powerhouse in the business world. I shared a number of statistics in my recent book Make Room For Her about the extent to which women and women-owned firms help to power the economy. For example:
- Women represent 80 percent on consumer decisions
- Women comprise over half of the U.S. workforce
- Women own more than half of the privately held companies in the U.S.
- Women possess important leadership styles and perceptives that are known to enhance organization’s bottom line performance
- Companies with gender-diverse management teams have been proven to consistently perform better and be more profitable than those without them. There is overwhelming evidence to support the value of having more women in senior leadership positions. A growing body of research—including studies by McKinsey & Company—has proven that companies with more women in senior executive and board roles have advantages over those that don’t. These advantages include:
- More profitability
- Better ability to attract and retain top talent
- Better ability to grow and maintain their competitive advantage
- Research shows that women leaders are just as capable as male leaders. In Make Room For Her, I also shared some research from Jack Zenger and Joseph Folkman, authors of The Inspiring Leader: Unlocking the Secrets of How Extraordinary Leaders Motivate, which found that:
- Women are rated higher than men in 12 of the 16 competencies that go into outstanding leadership.
- At every level of leadership, peers, bosses, direct reports, and other associates rated more women than men as “better overall leaders.”
- The higher the level of leadership, the wider this gender gap grows.
- Women’s natural leadership tendencies are critical in today’s business environment. Research has shown that the “collective intelligence” of an entire group rises if there are more women in its ranks. An article in Harvard Business Review explains that this is partly accounted by the fact that women generally exhibit greater capacity for “social sensitivity” than men, since women tend to possess natural skills for:
- Listening to others
- Sharing constructive criticism
- Keeping an open mind
- Avoiding an autocratic leadership style
Now is the time to foster a culture
of Integrated Leadership—one that values, leverages, and blends the differences
and attributes of both genders. Building a solid business case to support this
initiative can help move organizations away from trying simply to achieve
diversity quotas, or “fix” women through leadership development programs. You
need not feel limited by the ideas above when you build your case—for example,
you might add the point that diversity of thought and perspective is needed in
every industry, and gender-balanced teams have been linked with driving greater
innovation. The point is that leveraging a strong business case can help break
through the status-quo approach to hiring and retention strategies, and can
lead companies to a better way of doing business.
Rebecca Shambaugh’s
Biography
Rebecca Shambaugh
is an internationally recognized leadership expert, author, and keynote
speaker.
She speaks before thousands of leaders around the world every year,
challenging conventional wisdom and overturning assumptions about how to lead
in today’s business environment. Her compelling and new vision for leadership
in the 21st Century has electrified and inspired audiences on six continents.
Rebecca is
President of SHAMBAUGH, a global leadership development organization and
Founder of Women In Leadership and Learning (WILL), one of the first executive
leadership development programs in the country, dedicated to the research,
advancement, and retention of women leaders and executives. Rebecca has coached
and advised over a hundred leaders and executives and has enhanced their
overall level of excellence in such areas as communications, strategic
thinking, inclusive leadership, employee engagement, executive presence, and
culture transformation.
Prior to starting
her own company, Rebecca has worked for such premier organizations as General
Motors, Fairchild Industries, and Amax Inc. as a senior executive in the
leadership and human capital arena.
Rebecca has been
showcased on CNBC, TED Talks, Fox News (New York), NPR, Washington Business,
ABC, and numerous syndicated radio talk shows. She has been featured in
publications such as: Leader to Leader, The New York Times, The Washington
Post, Huffington Post, Time Magazine, USA Today, Fortune Magazine, U.S. News
& World Report, Pink Magazine, and Entrepreneur Magazine.
Rebecca is a
known thought leader in the industry and is the author of two best seller books
titled, “It’s Not A Glass Ceiling, It’s A Sticky Floor” and “Leadership
Secrets of Hillary Clinton,” and her new book, “Make Room For
Her: Why Companies Need an Integrated Leadership Model To Achieve Extraordinary
Results,” all published by McGraw-Hill. Her books illustrate her
unconventional and results-focused approach to creating great leaders.
Rebecca partners
with a cross-section of clients such as: Booz Allen Hamilton, Dow Chemical,
Hilton Worldwide, KPMG, Marriott International, IBM, Cisco, National Grid,
Humana, HP, Intelsat, MedImmune, Microsoft, and J&J. She is a member of the
National Press Club, the Economic Club of Washington, D.C., on the Board of
Visitors for Marymount University, on the Board of the Fairfax County Chamber
of Commerce, and on the Executive Board for the Virginia Women’s Center.
Rebecca is also the Chairman of the Board of Young Women Lead and an Executive
Partner for Bentley University’s Center for Women and Business, as well as on
the Board of the Red Cross. Other accomplishments include recipient of the
Smart CEO Brava! Award, Women Who Mean Business Award, Entrepreneur
Organization of the Year Award, and Finalist for the Outstanding Corporate
Citizenship Award for Woman-Owned Business of the Year.
Rebecca holds a
Bachelor of Science Degree in Industrial Relations from Purdue University and a
Master of Arts Degree in Organizational Development from Marymount University.