Career Progression - Connecting the dots
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Irrespective of the existence of the Glass Ceiling, women at the workplace have more opportunities to reach the top. The focus needs to be on career moves that take you there. Unfortunately, very few women plan their career progression. The presentation offers career advancement strategies along with examples relevant to the Indian corporate scenario.
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Career Progression - Connecting the dots
- 1. Career Progression: Connecting the Dots Firdaus Khan Assoc. Prof. ICBM-SBE, Hyd. National Conference on Diversity in Management – Development of Women Executives 25-26 November 2013, Hyderabad
- 2. Objectives of the Session • To encourage career planning by women • To provide a fair paradigm to corporate mentors responsible for grooming women professionals for top jobs
- 3. A fresh perspective … Are women being restricted from taking on senior positions or are their career choices effectively eliminating them from the top game? Women should look at bridging the gap rather than being intimidated by the glass ceiling effect
- 4. Women in senior positions – Push or Pull factor? • No longer an issue about equality or fairness • Half of the workforce is female • Research shows that companies with women Directors perform better on parameters such as return on equity, return on sales and return on invested capital* *(Joy, Carter et al, 2007)
- 5. Hurdles in the Career Marathon • A skewed perception of Leadership qualities being male-oriented • Getting labeled as ‘over-aggressive’ if a woman is overtly assertive • Sabbaticals that most women invariably take to raise children and • A tendency to take on functional rather than line roles.
- 6. Woman & the workplace LinkedIn – Cross Tab Survey 2013
- 7. Women believe they CAN have it all LinkedIn – Cross Tab Survey 2013
- 8. Successful, but challenging… LinkedIn – Cross Tab Survey 2013
- 9. Career vs. Family responsibilities LinkedIn – Cross Tab Survey 2013
- 10. Success = Work-Life Balance LinkedIn – Cross Tab Survey 2013
- 11. Journey to the Top Mental toughness Exposure to P&L accountability Sharp decisionmaking skills Crossfunctional exposure built over a period of time.
- 12. 2 point agenda for Women Learn on the job Build a strong CV for top positions
- 13. Planning your Career Moves* Making it to the Top Developing your Leadership brand Taking on grittier, broader roles Starting off on the Fast Track * Based on the model given in “WHERE HAVE ALL THE SENIOR WOMEN GONE? – 9 Critical Job Assignments for Women Leaders” by Ines Wichert, Palgrave Macmillan Publication
- 14. Outcome of Career Choices Personal development opportunities Career development challenges
- 15. #1:Early Stretch Assignments • Get out of your comfort zone. Take on sink or swim assignments early in your career. • Usually small, under-resourced organizations or departments throw up such opportunities.
- 16. Early stretch……consequent churn Emotional intelligence/risk taking Top management attention / mentorship Skip rungs of corporate ladder Learning about yourself & your organization Building credibility in a male dominated environment
- 17. Sheryl Sandberg 1 yr at McKinsey US Treasury Dept . Debt waiver during Asian fin. crisis VP Global Online Sales & Operations at Google COO at Face book. 1st female on Board
- 18. #2:Taking on Grittier, Broader Roles • ARUNA JAYANTHI • SWARUPA SANYAL Capgemini India’s CEO Her role as global delivery officer for outsourcing catapulted her to the top job. Head Of Strategy And Corporate Initiatives, Genpact. Making it bigger, lean & more profitable Walked away from Rs. 300 cr. Zenith Computers, established own technology firm Vu Technologies Operational Excellence Working in a different Environment • DEVITA SARAF International Assignments People Management • LEENA NAIR Sr VP, Leadership and OD, Unilever. 1st woman at HUL to deal with employee relations in a factory
- 19. When the going gets tough… Out-of-the box thinking Cultural sensitivity Independent thinking diversity mgt. skills resilience From functional specialist to business manager P&L accountability
- 20. #3:Developing your Leadership Brand KAVITA PRAKASH MANI Head, Food Security Agenda, Syngenta Corporate Intrapreneur CHITRA RAMKRISHNA first woman MD & CEO, NSE Change Agent Turnaround Pro NINA LATH GUPTA MD, National Film Dev. Corp.
- 21. Building one’s brand … Establishing reputation beyond doubt External visibility Large external & internal networks. Accept being ambitious Fine tune leadership skills Enjoy newfound power & authority
- 22. #4: Making it to the top… Padmashree Warrior CTO, Cisco Systems Chanda Kochhar, MD & CEO ICICI Neelam Dhawan MD, HP Arundhati Bhattacharya Chairperson, SBI Sminu Jindal, MD – Jindal SAW Steel Ltd. Indra Nooyi Chairperson & CEO, Pepsico
- 23. Sticking your neck out… Sponsoring, talent development Outstanding delivery of results Appetite for risk taking and decision making Confidence despite critique
- 24. Recap of Career Moves Making it to the Top Developing your Leadership brand Taking on grittier, broader roles Starting off on the Fast Track
- 26. Ms. Kochhar on Work-Life Balance “It’s really not correct to say you balance one vis-a-vis the other. You balance both equally well and to the full extent that is required. In a way, you’re trying to do almost like a 48 hour job in a 24 hour time space. But it comes from the determination to say I desire to do both. And then the way you do it is that you prioritize minute by minute.”
- 27. Ms. Jindal on mistakes women make “They try to be super at everything. It’s okay to fail; it’s okay not to achieve this super status at work and super human at home; it’s okay. Don’t put so much pressure on yourself. That’s the biggest learning at the end of it all. It is more important to get up, dust yourself and move again. All the super human stuff, sometimes is self-imposed.”
- 28. Ms. Warrior on one key lesson learnt “I said no to a lot of opportunities when I was just starting out because I thought, ‘That's not what my degree is in’ or ‘I don't know about that domain.’ In retrospect, at a certain point it's your ability to learn quickly and contribute quickly that matters. ….there is no perfect fit when you're looking for the next big thing to do. You have to take opportunities and make an opportunity fit for you, rather than the other way around.”
- 29. Ms. Dhawan on career ‘ownership’ “ Women keep doubting their own capabilities…they lack confidence or they think they are not as good as the other person… Women never ask for promotions or increments. They find it very difficult to push themselves to say ‘I am the best of the lot.’ They never ask and they never get…even if they see a senior role opening up, they will not put up a hand and say ‘I want that.’ Instead they say, ‘If they think I am good enough for it, they will ask me.’ But they forget that nobody knows they’re interested in the role.
- 30. C..o..n..n..e..c..t the dots P&L thinking Networking Get Career intelligent
- 31. Thank you!