Aws kathy korman frey_presentation

Presented to: AWS, 2010 Conference By: Kathy Korman Frey Entrepreneur in Residence, The George Washington University School of Business Center for Entrepreneurial Excellence Founder,HotMommasProject.org Personal Entrepreneurship

Today
Goal:
Measurable difference
Resources:
Five tools to replicate

“ Some of my best friends are surgeons.” © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000

What is: The Hot Mommas ® Project? WORLD’S LARGEST WOMEN’S CASE STUDY LIBRARY © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000

Software to capture personal & professional stories of To share with the next generation Your daughter Your mom Your sister Your friend © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000

Intro © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000

Intro to Balance, Family, Work
Who cares?
Fortune 500 companies that promote women to top executive positions are 69% more profitable than the industry median ( A Harvard/Pepperdine Study ).

Who cares?
Work-life balance is a top 3 future concern in virtually every region of the world. ( BCG , WFPMA , SHRM study )

It’s not you, it’s them.
US has lack-luster reputation for family friendly policies
Reading list: Strassel, Colgan & Goodman’s
Leaving Women Behind: Modern Families, Outdated Laws

Section 1: Pre
Worksheet

Intro to Balance: AWS Survey
Surgeons 125
Students 9
Resident 43
Level of Professional Drive
Level of Personal Expectations
Ability to Balance

Intro to Balance: AWS Survey © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000

Intro to Balance: AWS Challenges © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000

Challenge Examples
Self/Expectations
“ Making time for a personal/family life. There is always something to do, either work at the hospital, research projects or attending lectures/participating in extra-curricular activities. It is very easy to get caught up in work and deadlines and not fit in the time to take care of myself physically and mentally, or spend time with friends and loved ones.”
Responsibilities
“ You can't hire out all home duties. Sometimes I wish I had a stay at home significant other, as I see how much more my colleagues get done if they have a stay at home significant other to manage the household for them. Home responsibilities can be a time sink.”
Others / Expectations
“ The demands of men in the field who think that balance means that you are not dedicated to your job, or at least not as dedicated as they are.”

Intro to Balance: AWS Solutions © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000

Solution Examples
Support
“ Hire out as much housework as possible (yard, cleaning, laundry, etc); eat healthy frozen dinners or crockpot stuff or grilled stuff as much as possible. Spend home time doing home things until after bedtime for the munchkin and husband.”
“ Living close to my extended family and asking for their help.”
“ Out source everything, do not do dishes, laundry, get school supplies etc, when I'm home I do things with my kids.”
“ A SUPPORTIVE SPOUSE”

Solution Examples
Perspective
“ I have to constantly remind myself that while work is important, my family is more important. Getting lazy with my family life has much bigger and more long term consequences than getting lazy in my career.”
“ Ongoing enjoyment of all facets of my life, kids, family, work, hobbies, create the balance. Regular exercise, yoga and a supportive flexible spouse (and regular communication with spouse about his scheduling needs/ my schedule) are key. Knowing my own personal limits (re physical ability to do frequent night call/ how much sleep I need ) is helpful as well.”
“ I try to think what will bring me most happiness.”

Solution Examples
Organization / Boundaries
“ I keep a record of what I consider to be my major life goals for the year and steps to get there on a quarterly basis. I review that document at least twice a month and make short term "to-do"lists. I also keep perspective and listen to my husband's reminders to relax so that I avoid being too driven.”
“ My husband and I have a shared calendar to help coordinate our call schedules (he's a cardiology fellow).”
“ Being organized! Calling family in the car and walking between clinics, etc. Maximizing every few minutes off/not busy/walking. Smartphones for email, etc in elevators!”
“ Obsessive time management”
“ Limiting up front the number of patients seen is the most effective way of finding balance.”
“ I have learned to say "no" to my dean and my spouse when I cannot stretch my available time farther.”

Intro to balance reading list:
Meers and Strober’s Getting to 50 50 : How Working Couples Can Have it All By Sharing
Wilson’s
Tranquilista : Mastering the Art of Enlightented Work and Mindful Play

Exercise 1: Mind Mapping
“… she doesn’t just think outside the box, she dances wildly around the box and then wears the box as a hat.”
Dana Marlowe , 2010 Hot Mommas Project winner

Exercise 1: Mind Mapping
Plain paper / Pen
Circle in middle w/ interest area
Brainstorm words
Cluster words
Choose cluster
Brainstorm business ideas
Reading list:
Solovic’s Girls Guide to Building a Miliion Dollar Business

Exercise 2: Mentoring
Those who sought a mentor out had higher pay and higher hierarchical status.
Source: Self-initiated mentoring and career success
Gerhard Blickle, Alexander Witzkia and Paula B. Schneidera

Exercise 2: Mentoring
Fill out your « challenge » section of your worksheet (top box of Section 2).
Challenge can be work or personal.
Turn to the person next to you
Listen to their challenge.
Provide one resource (person, idea ,website).
Write resources notes in bottom box of Section 2
Reading list: HotMommasProject.org blog on mentoring – Guerrilla Mentoring posts

Exercise 3: Time management & delegation
Piece of paper
Right left column, write “typical” schedule
Left column, write areas to save time
Goal: Save .5 hour (1/2 hour) per day
Strategies:
Outsource (delivery services)
Delegation (“sick” trick)
Technology
Elimination
Flex
Reading list: Stever Robbins books and blog.
Ferriss: The Four Hour Work Week

Exercise 4: Forum
Form groups of 5
5 mins: Presenter
3 mins (each): Members share experience
Your experience (no advice“You should…”).
5 mins: Presenter summary
Confidential
Timed and structured
Safe
Reading list: Fathelbab’s
Forum: The Secret Advantage of Successful Leaders

Exercise 5: Action Planning
96 percent of small businesses failures are attributable to managerial incompetence.
D&B small business survey

On worksheet: 5 action steps and dates
Reading list: Walcoff’s
The Fast Forward MBA in Planning for Growth

Q: How successful do you feel relative to other colleagues?
Women with 5 or more mentors answer “More successful” and “Just as successful”
“ Less successful” = 4 or fewer mentors
Source: Hot Mommas ® Project in-depth survey of 269 working women

On worksheet: 5 mentors
Reading list: Walcoff’s
The Fast Forward MBA in Planning for Growth

Wrap up
Review of 1/3 problem, 2/3 solutions. Then action.
Review of five tools, back 20.
Review of five mentors.
Non-linear career path.
Post-assessment
Reading list: Wu Dunn’s
Half the Sky: Turning Oppression into Opportunity for Women

Contact
Additional questions?
[email_address]
[email_address]
www.Facebook.com/KathyKormanFrey
www.HotMommasProject.org

Aws kathy korman frey_presentation

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