Tip of the Week – Nov 24, 2010

Note to all the perfectionists, like me.  Nothing in life is ever perfect.  When it comes to making rapid strides in your business, often good must be good enough.

 

Women Are Orchestrating Their Way to Success

It’s amazing the different ways you can slice and dice the topic of leadership in business. You really can’t throw a rock at the internet without hitting an article on the subject, because effective leaders are successful leaders, and who doesn’t want to succeed? It’s an area that continues to undergo tremendous change as more and more women step into leadership roles in business, as well.

It’s no surprise that men and women approach leadership from different perspectives and therefore employ different tactics. Is one approach better than another? That is up for continuous debate. But the fact that both genders are noting the value that women are bringing to business, by leveraging their natural strengths, is exciting.

How they lead

A big difference lies in the way men and women view the hierarchy of their businesses. Similar to the military model of leadership, men give directives and hire employees to carry them out. In this type of environment, men maintain the “top dog” position, overseeing a group of subordinates.

Women know how to orchestrate and take a more holistic view when it comes to business. Just like a maestro of a symphony, they understand the power of bringing the right combination of “artists” together. They focus on creating sustainable environments and seek out new hires who excel where they don’t. Rather than needing to be the smartest person in the room, women will hire talent in order get their business to the next level. Through orchestration, women have a gift for integrating and increasing the strengths of individuals into collaborative success.

In an enlightening interview, Margaret Heffernan discusses these differences, “For most men, their mental model of a company is a machine. For every woman I’ve worked with or interviewed, their mental model is a living organism. That has huge repercussions. It means attention to culture is mission-critical, not peripheral.”

Let’s hear from you

I spend most of my time on this blog writing to you, but would love to hear from you on this subject. There are pros and cons to every choice in business, and leadership styles vary greatly. As a leader in business, whether you are male or female, what have you found to be the most effective approach to leadership and culture in your company? I look forward to your response.

© 2010 Reece International LLC/Dr. Shannon Reece. All rights reserved.

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If you wish to use this article on your website or online newsletter, no problem, BUT here is what you MUST include:

Dr. Shannon Reece – The One Trusted Woman in a Man’s Business World
Starting your own business can be tough, but having the right tools makes all the difference. Dr. Reece provides the strategies and tactics women need to get their businesses from zero to launch and achieve real results. For more information visit www.DrShannonReece.com.


Don’t miss Dr. Reece’s latest post at 365DaysofStartups“Caught in Complacency within Your Comfort Zone”

Question of the Week – Nov 22, 2010

This week’s question is –

What are you most thankful for this year?

Why should I join the discussion?

Because this online forum is a great place for us to exchange ideas, learn from each other and network.  My goal is to unite successful women entrepreneurs to share our insights and solutions to the challenges we most commonly face in our businesses.

How do I get involved?

Every Monday I will post a new Question of the Week. This is a great opportunity for you to bring your expertise to the table.  Using the NEW link below, please submit a one paragraph response by Saturday, and the following week I will share our community responses on my blog.

To submit your response CLICK HERE

I look forward to your response to this week’s question! If you have any questions you know where to find me. Have a great week!

Ask and You Shall Receive

Last week an excellent question was posed by Dr. Marla Gottschalk and I had the honor of sharing it with you (Thanks Marla!):

What is the best way to request what you want/deserve in a business relationship with finesse and power?

Five experts weighed in with their best tips on the subject.  This “meeting of the minds” was a fantastic addition this week, because women (and men) sometimes have difficulty asking for what they want or need, especially in business relationships.  Is it a lack of confidence or self-worth, fear of rejection, or simply not knowing the right approach?

The biggest take-aways for me are: (1) the importance of clarifying expectations, (2) being respectful, (3) listening and offering before asking, (4) thoughtfully presenting your case, and most importantly, (5) not compromising your needs in the process.  See the wonderful detail and examples presented below and discover your best path to finesse and power in your business relationships.

“Finesse and power?  I think I’m still working up to that!  Seriously, the first thing to do when asking for what you want, especially if you expect some resistance, is to give the other person a chance to express what they want first.  It’s a simple thing, but it shifts the entire dynamic.  If I take the time to listen and feedback what the other person wants, they are about 500x more likely to listen to what I want.  Asking from the place of understanding is about the most powerful stance we can take.”

Stephanie Padovani (@BookMoreBrides), Co-founder of Book More Brides

“You need to highlight what you’ve achieved BUT if you alienate others in the process, you’ll end up attracting negative energy.  I try to help others achieve their goals, and if they value it, then they return the favor, and give credit in time.  Not everyone gets it though :)”

Ivan Walsh (@IvanWalsh), Creator of The Web Business Plan

“I have often been both criticized and complimented for my general lack of subtlety. I have found that my subtleties are often missed, and I often miss other people’s as well.  Even if someone is picking up on your hints, subtlety can be ignored.  Flat out saying something can’t be.  If there is something I want or need out of a relationship, then I have learned to just ask for it because otherwise I won’t get it.  If I don’t get it in the asking, then at least I know where things stand. Of course when asking for something that you want or need, always make sure to let the person know how it will be beneficial to them, ex. ‘If you don’t call me before 10 am I can focus on getting your work done.’ If someone can see a benefit for them, they are more likely to acquiesce to your request.”

Lauren MacEwen (@laurencubed), Primary Strategist and Creator of SM Cubed Consulting

“The answer depends on what you are requesting.  Let’s say you are requesting a raise from your boss, or an increase in fees from your client. Schedule a time to speak.  It is important that this not be an impromptu discussion.  If it’s not important enough to put it on the schedule, why should it be viewed as important at all?  Start by sharing why you enjoying working with / for this person or company.  Highlight the value you’ve delivered.  Numbers are always good. If this is for a raise, finish with a statement that this performance warrants a pay raise.  If this is for a client, I would highlight the forces driving price increases everywhere, and the fact that this increase is only a tiny fraction of the benefit they can continue to expect from you.

Perhaps you want something non-monetary.  You would like to request a person be your mentor.  When you approach this person give the top three reasons why you feel he/she would be such an incredible mentor. Give clear expectations to avoid the fear of a 10 hour a week commitment.  Then give the person a graceful way to decline.”

Nicole Fende (@BizFinanceForum), President of Small Business Finance Forum

“I’ll have to say this is one of the toughest questions posed to me in my practice…I suppose that is why I asked for a bit of help and guidance.

I have offered advice over the years and always was left wondering if it was the right advice – or if the advice was ever taken.  I know that when women find themselves in a sticky situation they are collaborative by nature – and ask for more than one opinion…so you never know if your advice was applied, ignored or revised…

When answering this question, I am reminded of the situations when something was asked of me in a manner that either made my heart sink or my stomach go into a free-fall. – Here is what I have learned.

  1. Always remember to maintain a respectful tone – in fact you can begin by offering a gesture of respect, gratitude or encouragement.
  2. Be direct, but avoid words which denote an air of superiority either intellectually or by your rank in an organization.
  3. Offer suggestions for the path you wish to travel.  Sometimes someone just didn’t understand what you wanted in the first place.
  4. Don’t compromise your own needs. Feel empowered to know that it is more than ok to ask for what you need.  If you do compromise you will probably regret it.
  5. Practice makes perfect. If at first you don’t succeed, rally back around and try again.”

Marla R. Gottschalk, Ph.D. (@MarlaGottschalk), Career Assessment and Coaching Consultant at Anna Ivey Consulting


If you have a strategy that was not represented by our experts this week, please feel free to leave a comment below.  We would love to hear from you!  My personal thanks to Stephanie, Lauren, Nicole, Marla and Ivan Walsh, for your contributions to this post.  As always, your expertise is incredibly valuable and greatly appreciated!  We hope to hear from you again, as well as others, as we present this week’s new question in honor of Thanksgiving:

This week’s question is –

What are you most thankful for this year?

Why should I join the discussion?

Because this online forum is a great place for us to exchange ideas, learn from each other and network.  My goal is to unite successful women entrepreneurs to share our insights and solutions to the challenges we most commonly face in our businesses.

How do I get involved?

Every Monday I will post a new Question of the Week. This is a great opportunity for you to bring your expertise to the table.  Using the NEW link below, please submit a one paragraph response by Saturday, and the following week I will share our community responses on my blog.

To submit your response CLICK HERE

I look forward to your response to this week’s question! If you have any questions you know where to find me. Have a great week!

Blog Best Practices – Weekly Wrap Up

Do you ever wonder how effective your blogging strategy is?  Do you have a strategy?  This week, I’ve been reading the opinions of bloggers on what it takes to be effective, “eye-catching,” and read-worthy.  This information is just the tip of the iceberg.  You’ll see some great advice and variety of thought on what makes blog posts great.

This weekly wrap up was designed to share the blogs, websites and/or businesswomen that I found particularly helpful this week.  So without further delay, here are my top picks on the subject of blogging.  I hope you find them as helpful and interesting as I did.

Top Blog Posts

6 Eye-Catching Content Ideas for Your Business Blog

Driving traffic to your blog is more than building links.  After researching HubSpot’s most popular blogs since 2006, Lily Zhu presents the 6 types of articles that emerged, and shares her thoughts on what sets them apart.  The six examples include best practices, famous professionals, data-driven analyses, how-to guides, comprehensive tech guides, and useful information presented in an enjoyable manner.  Ms. Zhu states that this list is certainly not exhaustive, but I found her research eye-opening.

Top 15 Blogging Best Practices

In a blog about making your blog better, Laura-Lee Walker presents her top 15 strategies to make your blog standout in the crowd.  There’s no fluff here, just straight forward tips.  Point #6 presents a common question in the blog world about length.  Although Laura-Lee recommends brevity, she does a nice job of framing her opinion by including suggestions on how to keep longer posts appealing too.  Find out more about Lauralee on Twitter @lauraleewalker.

Blog Post Writing Tips: Short Blog Posts Hold the Interest of Readers

There are differing views in the world of blogging on length, because according to many, size does matter if you are trying to keep the interest of your readers.  Although there is no hard and fast rule regarding length, best practices suggest 250-500 words.  Ghazal Alvi offers 7 great benefits to keeping the length of your blog under control.  My take-away is to consider alternative ways of making important points with as few, but powerful words as I can, since I have a tendency to go long.  If you would like to connect with Ghazal, you can find her @GhazalAlvi on Twitter

Bloggers: This is How Long Your Posts Should Be

Also on the subject of appropriate blog length, but in favor of longer posts, Glen Allsopp, of ViperChill, conducted an analysis of the most tweeted blogs.  He discovered that the length of top posts ranged between 1100-1600 words, which is longer than the average.  Taking things a step further to answer the question of whether niche has anything to do with length and popularity, Glen analyzed some of the top sites in a variety of niches and presents his results.  Posts about gadgets or gossip where among the shortest.  The longest award goes to personal development niches.  So should you be a lemur and just do what the biggies are doing?  Check out Glen’s recommendations, I think they’re good.  To find Glen on Twitter go to @ViperChill.




Featured Site

This week’s shout out goes to Launch Her, a company dedicated to providing “…the boost that women owned brands need by featuring new and fresh companies as well as providing professional public relations, branding, business development and positioning tools to start-ups.”  Run by the dynamic duo of Sallisha Armour and Kara Jensen Zitnick, LaunchHer and LaunchHerLaw are giving women a hand up and solid advice to make their dreams a reality.  Follow them on Twitter @LaunchHer and @LaunchHerLaw, subscribe to the blog and be inspired by these amazing women with big hearts for the wanna-be entrepreneurs around the globe.


Woman of Excellence Award

This week’s Woman of Excellence Award goes to Natalie MacNeil, Founder and Editor in Chief of the award-winning business and lifestyle blog, She Takes on the World.  Last week in the Big Apple, She Takes on the World won the Stevie Award for Blog of the Year.  Congratulations Natalie!!

I’ve been following Natalie’s tweets (@NatalieMacNeil) and posts for some time and love the diversity of rich content she provides.  Last week, one of her contributors (Lucy Beer) wrote a great post on What You Need to Know Before You Start Blogging,” — the five things you should prepare for to keep your blogging successful and enjoyable.  As with everything you get from She Takes on the World, this is another example of straight forward, well-organized, valuable tips to keep women moving onward and upward with their businesses.  Thanks, Natalie for providing such a great resource that empowers women entrepreneurs.


In case you were wondering, I have no affiliate relationship with anyone I call to your attention on this blog.  This is simply my way of spreading the news about information and individuals I have found particularly helpful.

That wraps up this post.  Until next week, keep reading, keep learning, keep growing!

Are Women Changing the Rules of Negotiation?

Why does society sell women short when it comes to negotiating?  Women are in bargaining positions on a daily basis — from getting the family to agree on a vacation destination, to motivating compliance in a child, and finding win-win solutions when it comes to allocating their time to others.  Unfortunately, this doesn’t always translate to expectations in business world.

Overcoming expectations

Social stereotypes have had a significant impact on how women are perceived in negotiations.  Do women really prefer to avoid negotiating because they feel they are less effective?  There’s no significant research to indicate that gender has a measurable impact on negotiation, whether positive or negative.  So the issue seemingly lies in male and female expectations of a woman’s ability to negotiate.  “…society expects males to be more aggressive, while females are expected to be more cooperative (i.e., less aggressive),” and “…the dominant stereotype of the successful negotiator is composed mostly of masculine traits.”

The promising news is that the tide is changing.  Businesses are approaching negotiations from a “win-win” rather than a “win-lose” model, which utilizes a woman’s natural propensity to create relationships and equality.  “…[women] are more aware of the relationship between negotiators, whereas [men] are more task-specific…When engaged in integrative (i.e., “win-win”) negotiations, women may actually have an advantage over men, as more cooperative behavior is required.”

A woman’s natural advantage

When seated at the bargaining table, men take the competitive route and women are more collaborative in their approach.

“‘Women tend to ask more questions to try to gain more insight, to try to get to know the person better.’  In addition,…when women ask questions, ‘they often ask more open-ended questions which will elicit more information.  Anyone who does any negotiating knows that the best thing to do is ask questions and find out what your opponent is thinking because that will certainly help you formulate a strategy.’”

Selena Rezvani (@NextGenWomen), a Washington Post Columnist and author, has written extensively on women’s roles in leadership.  In a fantastic article on negotiation she addresses how women have begun to work past the obstacles –

“Women that make it to the top also challenge long-standing beliefs in order to get themselves to the negotiating table. They push back on the ‘good girl’-isms with which they grew up. They didn’t buy into: ‘Be seen and not heard,’ ‘Always be nice’ or ‘Don’t be too outspoken.’ On the contrary, to survive in a top role, they ask for what they want. They’re firm. They don’t accept what’s unacceptable…

Getting clear on why we’re asking, and knowing that we deserve a seat at the table and that our case is worth pursuing can make the difference. Women who negotiate ignite a deep, healthy kind of self respect… A woman can work on being well networked or technically brilliant, but without the ability to ask she has nothing.” (emphasis added)

So what does it take to get to the top?  It’s not a matter of women being incapable or even unwilling to assert themselves and ask for what they want.  Many just need the tools and the confidence to learn how to do it effectively.

Avoiding rookie mistakes

As with any other skill, successful negotiation tactics need to be nurtured.  Lee Miller, a contributor for Monster.com, interviewed more than 50 of our nation’s most successful businesswomen.  Of the 10 most common mistakes women make during negotiations, the three biggest are:

  • Not seeing situations as opportunities to negotiate.
  • Not negotiating for themselves like they would for someone else.
  • Not being willing to say no.

Everyone is the new kid on the block at one time or another, so if you are intimidated by the thought of pushing for what you want, keep in mind, the more you do it, the easier it will become.  You might scrape your knees a few times along the way, but men do too.

Mastering the art

Now that you know what not to do, let’s take a look at what you should do to enhance your ability to negotiate successfully in your business –

  • Take advantage of every opportunity to negotiate.  Face your challenges head on, because practice will make you better in the long run.
  • Believe that you are worth getting what you want.  Women inadvertently sell themselves short, so it’s important to embrace your strengths and leverage them with confidence.
  • Take the initiative to go after what you want.  If you wait around for people to notice you and reward you for a job well done, you will spend a lot of time waiting.  The women who do make it to the top, get there because they made it happen.
  • Be ready to take control – emotionally, mentally, physically.  You must be the one to set the tone for any negotiation. Check your emotions at the door and put on your game face.
  • Always have a thorough plan in place.  You must know what you want, what you are willing to give up, and how far you can be pushed.  You also need to understand what the other side wants, how you will support your position if faced with an objection, and be willing to play the game when the opposition is in it for the win too.

Becoming a great negotiator is vital to your business success.  If you haven’t had much experience, seek out opportunities to leverage your natural talents, just like you do each day in your personal life.  The main difference is merely the players.

© 2010 Reece International LLC/Dr. Shannon Reece. All rights reserved.

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If you wish to use this article on your website or online newsletter, no problem, BUT here is what you MUST include:

Dr. Shannon Reece – The One Trusted Woman in a Man’s Business World

Starting your own business can be tough, but having the right tools makes all the difference.  Dr. Reece provides the strategies and tactics women need to get their businesses from zero to launch and achieve real results.  For more information visit www.DrShannonReece.com.

Tip of the Week – Nov 17, 2010

Build relationships with those who are already where you want to be.  Then work smart to catch up.