7 questions for figuring out your tolerance for risk taking

While discussing the push/pull polarities of influence styles at a workshop on Power, Persuasion and Influence I facilitated for a group of Fortune 100 executive women, one woman shared a moving observation with the group:  while knowing which style of influence is best to use depending upon the situation is important, the real issue is one’s willingness to take the risk to influence, especially if the status quo is in question.

Her courageous workshop action item was to take that risk.  She said she owed doing so to her colleagues, the organization and herself.

What a powerful moment.

The person who risks nothing, does nothing, has nothing, is nothing, and becomes nothing. He may avoid suffering and sorrow, but he simply cannot learn and feel and change and grow and love and live. ~Leo F. Buscaglia

Sometimes the risk is being the square peg in the round hole, wearing kelly green when your colleagues are wearing charcoal grey, daring — albeit politely — to be the corporate contrarian, and/or dancing with the elephant in the room.  Risking your secure place in the corporate food chain by questioning new practices that run contrary to stated values is a high stake gamble.  Will you be rewarded, take a small hit or lose it all?

According to Julie J. McGowan, professor at Indiana University, “Risk taking is hard to adopt among leaders, because recognized leaders have the most to lose and aspiring leaders may be discounted as lacking in knowledge or common sense.”  Risk-taking can yield great rewards and possibilities for learning provided you’ve done your homework ahead of time.

7 questions for assessing your leadership readiness for risk taking

You must have high EQ, PQ (political quotient) and a thorough knowledge of your work culture to assess your tolerance for workplace risk-taking.  Consider:

  • Historically, how has your corporate culture reacted to those who challenged the status quo?  Are you prepared to accept possible negative outcomes?  Are you willing to see your credibility erode? Are you equipped to lose your job?
  • Is this an issue that’s important to you alone, or do others share similar concerns? Will others who think/feel/believe the same speak up after you’ve led the charge, or will your voice be the only one that’s speaking? Are you ready to forge ahead regardless?
  • Are you able to be the center of attention if your topic goes viral within the company?  Are you primed to be a role model and/or attacked?
  • Do you have solid solutions already in mind?  Are you disposed to collaborate with others and devise a solution that integrates the views of many?
  • Have you brainstormed possible unintended consequences, both positive and negative, of the stand you’re championing?
  • Are you OK, mentally and emotionally, with the possibility of failure?  Will your self-esteem survive the hit?  Can your ego resist the adulation of success?
  • Do you have the will to see it through? Do you have a support system that will nurture you throughout, regardless of the outcome?

Risk tolerance is extremely personal.  Only you can decide if high risk/high reward is your métier or if low risk/low reward represents the boundaries of your comfort zone.  Either way, be prepared, be thoughtful and do what’s right for you.

 

 

Share

I’m Kind, Not Stupid

leaders can be kind without being weak“You seemed so nice when we talked, I just figured you wouldn’t mind,” said Allan with more than a hint of exasperation in his voice.

“Really!? You really figured I wouldn’t care you presented my idea to the boss as your own just because I was nice when we spoke?” exclaimed Bea. “What were you thinking?”

I’ve heard similar stories from many a client, especially those striving to be character-based leaders. Unfortunately, it’s a sad fact that far too many people interpret kindness as weakness. Research conducted by Batia M. Wiesenfeld, Naomi B. Rothman, Sara L. Wheeler-Smith, and Adam D. Galinsky found that bosses who treat people with respect and dignity are “seen as less powerful than other managers—less in control of resources, less able to reward and punish—and that may hurt their odds of attaining certain key, contentious leadership roles.”

Individuals wanting to be known as effective leaders are self-aware. They don’t take the same shortcut in stereotypical thinking that Allan did.  They understand that a leader/individual who treats them with kindness is not:

  • a doormat or stupid
  • or a perpetual follower without an opinion
  • a fountain of ideas from which others can freely drink without attribution
  • powerless.

Steve Livingston, a social psychologist, offers this advice. ”Be careful about the assumptions you make about others, even the positive ones. When we fail to do so, at the very least we are losing the opportunity to get to know someone on a more personal — more human — basis. At the very worst, we can inadvertently set up a chain of expectations and misunderstandings that will undermine the relationship itself.”

It’s a paradox of life that we want to be treated with kindness yet treat those who are kind to us without respect.

The next time someone treats you with respect, acts as if you matter, cares what you think or deals with you fairly — in short, treats you with kindness — don’t sell them, or yourself, short by assuming they’re without power or smarts or influence.

 

 

Share

Lost Your Leadership Wings?

The clerk in the beach souvenir shop had sad eyes and a timeworn look yet was quite willing to talk.

www.layoutsparks.com

 She described her “former life” as having been a “rock star” within her industry, a “force to be reckoned with” for 25 years.  Then her company changed hands.

The new management team measured success in ways that Jocelyn could not nor would not accept. She openly confronted her superiors, determined to convince them she was right. She declined all offers to discuss compromises or even to better understand the new measures, saying that the newcomers should be willing to listen to her counsel that was rooted in years of experience.

Jocelyn said she was shocked the day they let her go, said she never saw it coming.

Given a generous severance package and the services of an executive coach, she had the luxury of time. Jocelyn and the coach met weekly for three months. During those 90 days, Jocelyn said the coach did not have one acceptable idea for her to try. The coach reluctantly agreed to a second 90-day period.

After six months, Jocelyn said there still wasn’t any job offers or any other employment options that were acceptable given her former status. So she stopped seeing the coach and moved to the beach town where she had enjoyed vacations as a child. Ten years later, she is still in that little town, spending her days as a clerk in the souvenir shop.

The shopper asks Jocelyn if she had thought about volunteering, being a mentor, even teaching. Jocelyn’s whispered answer: “no, it’s just easier this way.”

Do you know any leaders who have lost their wings? What advice would you offer them?

Share