Isn’t It Romantic?

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It’s not the most romantic topic to discuss for Valentine’s Day, but since close to three out of four American couples say that money is what they fight about most, let’s get to the bottom of the problem so that we can get back to the love.

Our Lips Are Sealed

No one talks about money. Do you know what your coworkers’ salaries are? Trends indicate that 2022 will be the year to normalize pay transparency. If you can get comfortable talking with your team about money, then it will be easier to discuss with your partner too. Fights about money aren’t really about the money. They are about how we feel about the money. We bring all kinds of beliefs about it to our relationships including what society taught us about it, how our family used it, and our past experiences with it. For example, if you’d rather save money than spend it, then the pain center in your brain activates when your partner makes a purchase that you consider expensive. You may feel like you work hard to earn your paycheck and it’s bad enough that taxes, insurance premiums, retirement savings, etc., come out of it before you even see a penny and now your partner is spending what’s left on whatever they want. The spender got joy out of the purchase, but is now frustrated by your judgement of their decision. Both of you are making up negative narratives about one another in your heads because neither one of you feels good talking about what just happened. Now MY head hurts.

Start Me Up

Talk about money. When you decide to share your partner’s financial responsibilities, you both have to be self-aware enough to know what your values, triggers, and goals are. Then you both have to be brave enough to calmly communicate them to your partner on a regular basis. The two of you are in this financial situation together and need to maintain a team mindset. Keep your first conversation basic. Talk about a budget. For example, at least discuss what you have to spend (bills), what you have to save (emergency fund), and what you want to spend (leisure). If the word budget has a negative connotation for either you, or your partner, or both, then rename it. Call it Spending Plan, or Our Money Goals, or whatever label reminds you both that this agreement is a tool to help you build your future together. Ahhh…now we’re back to the love.

Let’s Dance

I oversimplified the solution, and simple doesn’t mean easy. Achieving financial compatibility can be more complicated than learning the Viennese Waltz. I boiled it down to give you a launch pad. The very act of starting the money conversation will give both of you peace of mind. You can’t put a price tag on that.

Why do you think talking openly about money is taboo in our society? Please share in the comments.

Hidden Treasure

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Continuous improvement is my business, so I’m habitually looking for manual processes to automate. Some of my clients get nervous because automation could eliminate an employee’s job. But that employee has a big advantage over the automating software application: soft skills. Only human beings can combine wisdom, communication, leadership, and self-awareness to get work done. If the employee is valuable, then I suggest the client take this opportunity to advance them into leadership. That decision calls for careful consideration because individual contributors tend to get promoted for their technical skills. However, the promotion often comes with people to manage requiring soft skills the new manager may not have. Here are three characteristics to look for when identifying a potential leader.

Growth Mindset

Leaders are constantly learning, questioning their own assumptions, and seeking feedback. For example, leaders:

  • Take personal initiative to adopt the company’s mission. They decide to find their role in furthering it even if being an individual contributor is not their dream job
  • See the big picture and think strategically about how they can help the organization get from where it is to where it wants to be
  • Not only focus on what they can control during a crisis but also look for new opportunities the crisis may spawn
  • Realize the next step toward a goal may require two steps back
  • Develop confidence when they refuse to be victims of setbacks
  • Favor performing small experiments to get the team comfortable with failure. They frame these failures as necessary to eliminate what doesn’t work
  • Don’t wallow in regret when they make a mistake. Instead, they find out where they went wrong to prevent it from happening again
  • Recognize the importance of celebrating every baby step the team takes toward their goal

Inspires Collaboration

Bestselling business author Daniel Pink, says 70% of employees spend at least some of their workday “persuading or convincing others.” People who do this well and for the benefit of both the project and the people working on it, are leaders. They:

  • Positively build, cultivate, and engage a disparate team to promote a workplace culture of diversity, equity, inclusion, and belonging
  • Give relentless respect to earn trust and strive for mutual understanding
  • Rally the team to buy in to the plan that will complete the mission
  • Manage conflict to foster debate instead of defense
  • Encourage everyone on the team to maintain an attitude of, “It’s us against the problem, not us against each other.” This bonds the team and makes everyone stronger for the next challenge

Chronic Curiosity

In his book, Play Nice But Win, Michael Dell, Founder, Chairman, and CEO of Dell Technologies says, “Change, true transformation, is a race with no finish line.” Thanks to technology the rate of change is increasing and it’s not going to slow down. Leaders:

  • Champion transformation and look for what is coming next
  • Are more interested in relevant results than in looking the smartest person in the room
  • Apply the scientific method to business challenges. For example, COVID is forcing leaders to think critically about how work gets done because business “as usual” no longer exists. Solving that challenge begins with curiosity

What qualities do you look for in a potential leader? Please share in the comments.

You Can Talk To Me

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You communicate so much you forget how complicated it is. The procedure is basic: receive information, process it, and respond. But the circumstances can be tricky. For example, communication can require:

  • A quick response (an emergency phone call)
  • Emotional control (face-to-face with an angry customer)
  • Tact (requesting clarification from your manager in reply to the vague instructions in their email)
  • Creating a secure environment (asking your teammates to turn their cameras on during the videoconference)
  • Warmth (posting on the company’s social media platforms) 

You’re surrounded by obligations to communicate with managers, direct reports, teammates, departments, networking colleagues, customers, etc. You have to adapt your technique for each interaction, but common to all forms of workplace communication are: receiving, transmitting, and non-verbal.

Receiving

It’s counterintuitive, but good oral communication does not begin with speaking. It begins with active listening. During conversation when someone is speaking:

  • Give them your full attention by eliminating distractions (put your phone away)
  • Do not interrupt (listen to learn; not to respond)
  • Summarize what you heard and repeat it back (this prompts them to reciprocate when it’s your turn to speak)
  • Ask clarifying questions (“Would you please say more about why that metric is relevant?”)
  • Mirror their body language (but only if it is open. If it’s closed, (crossed arms and legs, furrowed brow) then open your body language and try to get them to mirror you) 

Transmitting

Speaking – To successfully convey your message slow down your rate of speech, enunciate, and use as few words as possible. Avoid making your statements sound like questions. (Do: “Edit the third paragraph, please.” Don’t: “This needs edited, okay?”) Workplace communication is about collaborating, problem-solving, and receiving and delivering feedback. You are most effective when your words are positive and empathic. For example, “I know that you had a setback with our new client and I know you can also set things right with them.”

Writing – Most of your writing is probably email. Setting a pleasant tone (“I hope you had a good weekend”), composing a clear, concise message (“Our status update meeting is this Friday morning”), and closing with a clear call to action (“Please send me your report by COB Thursday”) are crucial to getting your desired result. People don’t actually read emails. They scan them. The more filler words your message contains, the more likely it is to be misinterpreted.

Nonverbal

When you consider nonverbal communication you probably think about tone of voice, eye contact, and hand gestures. But it can also be:

  • Work ethic (doing your job to the best of your ability)
  • Flexibility (you’re willing to occasionally adjust your schedule to meet a deadline)
  • Adaptability (you not only complete your own project but also pitch in and help where it’s needed)
  • Clothing and accessories (novel jewelry is a conversation starter)

Learning to communicate well is like learning to play a musical instrument or a sport. The more you practice, the better you get. What are you currently doing to improve your communication skills at work? Please share in the comments.

Time for a Brand Refresh

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Soft skills are hard. It takes years of practice to hone interpersonal skills, build character, and cultivate a professional attitude. They can take longer to learn than advanced JavaScript and are more critical to job performance. Soft skills are based on making wise choices. They are so important that four years ago I started writing about them weekly. In a world that daily iterates thanks largely to technology and COVID, soft skills are game-changers for the future of work. Employees who can successfully navigate fluid situations are extremely valuable. Over the next month we’ll explore four broad categories of soft skills: wisdom, communication, leadership, and self-awareness. First, let’s clarify terms:

Hard Skills: These are technical skills you learn through education, practice, and repetition. You can prove these skills with a degree or certificate; for example, mastering a second language, getting your PhD in physical therapy, or earning your Project Management Professional certification. These skills are temporary and change as technology evolves.

Soft Skills: These skills aren’t dependent on acquiring education. They are personal attributes you accumulate through life experience. They help you interact effectively and harmoniously with other people. They are broad and difficult to quantify. They are permanent and required for every job.

Wisdom is a Soft Skill

Wisdom is knowledge gained through experience over time. Organizational psychologist and bestselling author Adam Grant says, “Wisdom is being fast to learn from others’ errors to slow the rate of yours.” You attain wisdom by collecting as many facts and as much truth as you can to make the best decision you can in the time that you have to make it. Here are three ways you use wisdom at work:

Emotional Intelligence – You have learned how to competently manage your emotions when you are under stress. You recognize when emotions are governing someone’s behavior and can empathize with them. You are able to identify someone’s motivation and use it to influence them both verbally and non-verbally. For example, you have a personal rule to wait 24 hours before replying to an email that makes you angry.

Time Management – You can plan strategically (you have to-do lists for today, tomorrow, next week, etc.). You can remain focused long enough to get into flow. You have boundaries around work-life integration. You put in the time necessary to grow trusted relationships. For example, you booked a recurring calendar appointment for the last hour of your workday on Fridays to update your monthly expense report. 

Performance Under Pressure – You developed the patience to prioritize instead of criticize. You recognize that a looming deadline tempts you to cut corners, but you also remember garbage in, garbage out. Experience has taught you that ideas and solutions come faster after you’ve taken a break. For example, your biggest client threatens to leave. Instead of looking for a team member to blame, you personally call the client for feedback.

The fast pace of business makes managing our impulses, waiting for processes to run their courses, and looking at the big picture and where our selfie fits in it hard. So may we please re-label soft skills with an adjective that better describes them? What do you think of human skills or professional skills? Please share your ideas in the comments.

Off-balance

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COVID-19 and its variants have allowed us to blur our boundaries between work and not work for the last 21 months. For whole industries The Great Resignation is fueled by the results. As 2022 approaches, society contemplates the future of work and how to make it sustainable for both employers and workforce. In the meantime, what if you tried integrating your job with your life instead of striving for work-life balance?

Isn’t Work a Part of Your Life?

Why are the two entities compartmentalized and put on a scale? When you assimilate what you do for a living into the rest of your life, it’s easier to bring your whole self to both. For example, if you work for a small business, maybe you have to handle accounting as well as on-boarding new hires. When you apply those pivoting skills to work and not-work responsibilities, you create flexible solutions for both. You may have to pioneer these types of innovations at your company. People are creatures of habit. How likely is it that your manager will offer to meet with you to brainstorm ways you can do your job outside of the office? Since you know how best to accomplish your projects, you have to demonstrate how your plan works best. For example, make sure your manager knows you are creating win-win situations for all the parties involved. Wasn’t the client impressed with your dedication to their account when you joined the videoconference from your car during your child’s basketball practice? You also have to monitor your boundaries. Remember that a task you do for your employer is work whether you are doing it in the office at 9:00AM or at your kitchen counter at 9:00PM. Communication (with management, teammates, clients), prioritizing (urgent vs. important), and organization (empowering others to help both at home and work) are key elements for successful work-life integration.

Declare Your Boundaries

To gain some control, try block scheduling. It may help you with the logistics of integration. These blocks can be however long you want. Maybe start with thirty minute blocks and increase up to an hour if you can manage it before taking a break and moving on to the next one. Obvious blocks can be your current work projects broken down into tasks and family medical appointments, but remember to schedule not-so-obvious blocks for exercise, self-care, and leisure. This also helps you see what activities you value and how much time you really need for them.

Change is Hard

Our relationship to work is changing. Employees have more leverage than ever right now. Workforce is waiting to see how governments will respond to the call for reformation of childcare, living wages, and paid time off policies. Employees are shaking up the business community with their insistence on flexibility like shorter work days/weeks, and hybrid work models. While we navigate this transition, do what you need to do to take care of yourself, especially your mental health. You can both do your best for your employer and yourself.

How did you integrate what you do for a living into your life in 2021? Please share in the comments.

Purposeful Procrastination

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Here in the Digital Age where business moves at the speed of data traveling through fiber, if I’m not productive every minute I’m at work, I fear that I’m being lazy. Since emails are tasks someone wants us to do and they arrive 24/7/365, it seems I’m not the only one with boundary issues. In terms of time management, we put off completing a task because we have other tasks that are either more urgent or more important. Or, we put it off because we don’t want to do it. But what if we use procrastination as a tool to preserve our boundaries?

If/Then

  • If we restrain ourselves from replying all to a group email asking for volunteers to organize the office holiday party, then are we lazy or are we allowing someone else to step into leadership?
  • If we proofread the slide deck for tomorrow’s weekly team meeting because the team member assigned to do so hasn’t done it yet, then are we being helpful or are we doing their job for them?
  • If we accomplish a last-minute errand for a co-worker, do we then set ourselves up for accomplishing more last-minute tasks for this co-worker in the future? 

This is Not the Admin You’re Looking For

For example, sixty-three minutes before my team was scheduled for a video conference with a client, the account manager emailed me saying that the client needed to reschedule. He tasked me with:

  • Notifying the other team members that the meeting was postponed
  • Checking their availability for the new meeting time the client proposed
  • Rescheduling the meeting on our video conferencing platform
  • Updating the meeting calendar invitation

When this task arrived in my inbox, I was preparing for a different video conference huddle that was only fifteen minutes away. I had time to send a quick group email, but I chose to ignore the account manager’s request and prepare for my imminent meeting.

Sixty-eight minutes later, the emails from my teammates flew, reply-all style. The account manager ended up completing all the tasks he attempted to assign to me.

Confession: I intentionally procrastinated.

Sorry (Not Sorry)

It was hard to restrain myself. I felt bad for not preventing my teammates’ confusion and for using them to force the account manager to do his own administration. But apparently, I did not feel bad enough to go ahead and do the account manager’s administration. I prioritized my boundary above everyone else’s convenience. 

Proceed With Caution

Having said (and done) that, please remember that we should exercise good judgement when evaluating such situations. Using restraint to enforce boundaries can look like procrastination and can be detrimental to our brand. We need to examine who may be impacted and how negatively before we intentionally delay action. In the above example, three people were inconvenienced for a relatively short period of time and my brand was positively impacted because I’m not the team’s administrator. I used the passage of time to help me hold that boundary. Hours after the incident, I replied to the account manager’s original email. I suggested that it’s probably not a best practice to rely on me to complete last-minute tasks as evidenced by this incident. I have not received another last-minute task from him since. 

Have you ever intentionally put off work? Why? Please share in the comments.

Your Network Is Your Net Worth

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You have a job you love and you wouldn’t even dream of leaving it. But what if it leaves you? COVID-19 protocols spotlighted not only how fragile businesses are, but also the importance of maintaining a professional network even when you aren’t actively seeking employment. Change comes whether you’re expecting it or not. Best practice is to build your network when you don’t need it.

Use LinkedIn Robustly

95% of recruiters use LinkedIn to find candidates. To attract people you want to connect with, audit your profile. Search for your job title, identify profiles you like, then use them as inspiration to update yours. Pay attention to their headlines and use the same keywords they do so that colleagues can find you. Do you need to upload a new headshot? When you show up to a meeting looking 10 years older than your profile picture, that does not help you make a good impression. Remember that LinkedIn is a conversation. Don’t just spruce up your profile and wait. Connect with people at companies you want to partner with, follow their companies’ pages, and promote them on your timeline.

Personally Connect

The best way to get a job at a company you want to work for is to have a personal connection there. Recruiting employees is expensive for companies. When hiring, managers both approach people they know and get recommendations from their peers because it mitigates their risk of a bad hire. As we continue to recover from the pandemic, now is a great time to reach out to your weak ties (acquaintances, people you worked with briefly or a long time ago and lost touch with, met through a friend, etc). Ask them how they are doing and offer to catch up. You may be surprised at how many people you know that fall into this category. It’s simple and doesn’t have to take a lot of your T.E.A.M. Make time to connect over in-person or virtual coffee. Add value to your warm connections when you can. A positive comment on a decision maker’s Facebook page, a like on their company’s Instagram post, sharing their LinkedIn article; these are easy ways you can pay it forward and stay top of mind.

Give and Take

New possibilities can take you by surprise. They come along when you’re doing your job well and your network notices. Be open to unexpected opportunities and explore them. A broad and diverse network not only propels your own career growth, but it also allows you to intelligently recommend other people. You feel good when you are able to supply people with opportunities. It’s likely at least one of your associates is looking for employment. You can tap your network to help them. Connecting good people to good jobs benefits everyone involved in the interaction. The employer gets a good hire, the seeker gets a good job, and you get to be the hero who introduced them.

Is networking scary for you, not just at Halloween, but all the time? How do you nurture your professional network? Please share in the comments.

Cultural Competency

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Feedback is a gift. It’s usually one I want to return. But a few days ago I received  feedback that I want to keep. I had the privilege of finding out how privileged I am by spending the day in diversity and inclusion training. When I tell people this, they usually wince and ask, “How did THAT go?” I get it. While mentally preparing for the day I braced for difficult conversations, sore toes, and conflict. What I experienced was respectful dialogue, open minds, and advocacy.

It had a great deal to do with the intentional way the day was facilitated. (Shout out to Dr. Karen. If your organization wants help with diversity education, contact her at DrKaren@DrKarenTownsend.com). Dr. Karen both coached and invited us to co-facilitate the learning with her. There was a rhythm of a truth presented, illustrated, a question asked about it, then discussed amongst the group. For example: What would the world look like if it was a village of 100 people? Here is a summary:

  • Nationalities: 61 Asians (of the 61, 20 would be Chinese and 17 would be Indian), 13 Africans, 12 Europeans, 9 Latin or South Americans, 5 North Americans (Missing: Australia, Oceana, and Antarctica)
  • Gender: 50 male, 50 female
  • Age: 26 would be under 15 years old, 74 would be adults – 8 of whom would be over 64 years old
  • Health: 1 would have AIDS, 26 would smoke, 14 would be obese
  • Living Conditions: 87 villagers would have access to safe drinking water; 13 villagers would not. 77 people would have shelter to live in; 23 would not
  • Religion: 33 people would be Christian, 20 would be Islamic, 13 would be Hindus, 6 would be Buddhists, 2 would be atheists, 12 would be non-religious, and 14 would be other religions
  • Education: 1 villager would have a college degree while 18 people would be illiterate
  • Technology: 33 villagers would have cell phones, 18 would have cars, 16 would have computers
  • Employment: 28 would work in Agriculture, 14 would work for Industry, 28 would have service jobs, and 30 would be unemployed
  • Income: 53 people would live on less than $2 (US currency) a day

The world is big and interconnected. You want everyone in it to use your product or service. You have a better chance of appealing to customers of various ages, races, genders, sexual orientation, military service, physical abilities, and religions if your staff represents those demographics. The trick is, you can’t stop at just hiring for diversity. You also have to promote diversity up the organizational chart. You have to fairly compensate every employee for their work. You have to be inclusive by listening to, and being influenced by, diverse viewpoints.You have to intentionally create a culture where all employees feel safe to share their experiences and backgrounds.Your staff needs to be both seen and heard in order to reap the benefits of both employee retention and market expansion.

How do you foster a welcoming and supportive environment at your business? Please share in the comments.

The Talk

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It’s time for “the talk.” Not THAT talk; you need to talk to your family about retirement savings-both theirs and yours. Yes, the economy is suffering right now and it’s tempting to push pause on long-term savings, but the future keeps coming and everyone from Baby Boomers to Gen Z should continue to plan for it.

Don’t Count on It

Do not make the mistake of counting on the United States government to fully fund your golden years. Social Security is intended for use as an emergency resource, not your main source of income after you leave the workforce. Plus, by 2034, projections reveal that the Social Security Administration will be paying out more benefits than they are taking in through payroll taxes because there will be more retirees than employees. If Congress steps in then it probably won’t run out. But if you want to live the rest of your life comfortably, then you should fund your own retirement.

It’s Not About the Money

When talking to your family about future finances, you’re not really discussing money. Whether it’s your adult children who want you to carry them on your insurance or your parents who want you to be the executor of their wills, money is just a representative. What you’re really talking about is both expectations and emotions. Whether fear, resentment, kindness or generosity, feelings are attached to financial conversations. These discussions are not one-and-done. For example, when your parents began telling you about the birds and the bees, it wasn’t just one talk, was it? When our daughter was three years old she asked me where babies came from. I told her Cleveland. That satisfied her for two years. As she grew older, her questions grew more specific. It’s the same for the money talk. As everyone in your circle of care ages, the questions you ask them should become more specific. For example, when speaking with:

  • Gen Z – Do you have an emergency fund with at least $1000 saved? If not, they should think about automating their savings. Here is how to create a plan
  • Millennial – Are you aggressively paying off debt? Here are some pros and cons
  • Gen X – Are you taking advantage of catch-up retirement savings? Here is how they work
  • Baby Boomer – Have you thought about where you want your assets to go after you’re gone? Here is what they need to know if they live in the great state of Ohio

Awkward

How you manage your money is a very personal choice. When it has the potential to impact, either positively or negatively, the people you care about, you must talk to them about it no matter how awkward it feels. Opening up a dialogue before a financial emergency happens allows you to remain calm when the crisis hits. It may even prevent the crisis. The result of uncomfortable money conversations with your loved ones is it becomes more comfortable the more you do it. The result is peace of mind, and you can’t put a price tag on that. 

What stops you from talking to your people about their and your future finances? Please share in the comments.

My Way or the Highway

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I keep stumbling over the word agency because it’s a contributing factor to The Great Resignation. It’s trending in the context of one of its lesser meanings (check out #9). As I struggled to visualize it, I received an unexpected email of encouragement from my manager. In reassuring me that I am achieving our goals, his email helped me label how I achieve them. It also woke me to the fact that not everyone has this freedom in their work. Employers had to give up a certain amount of control over their workforces at the height of COVID-19 when they weren’t allowed to have employees work under their watchful eyes. An employer who has issues with employees working remotely is not a logistics problem, it’s a trust problem.

Control

If it’s not enough to complete the task correctly and on time, but it also has to be done the way the manager prefers, then you have a lack of agency. For example: toward the end of her life, our grandmother was not physically strong enough to wash the windows on her house herself. During a visit, my husband offered to do it. She immediately pointed out what equipment to pull from where, gave him a recipe for the cleaner, dictated while he mixed it, and window by window instructed him on how to clean them. Kudos to him for his patience. There were 13 windows on that house. It was a long afternoon. Haven’t we all had a micromanager? Or one who insisted we be available to them 24/7/365 like Miranda Priestly in The Devil Wears Prada? If this is your current situation, can you set boundaries on when you’re available to your manager? Can you transfer to another department that allows you more freedom? Is having agency important enough to you to find a different job? Whatever you decide, take time to think about how you got into this situation. Are you habitually involved with people (managers, people you date, etc.) who want to control you? If you determine that you’re the common denominator in these relationship equations, talk about them with a trusted friend, therapist, or coach to help you identify red flags in both your behavior and your manager’s. Otherwise, the lack of agency is likely to follow you to your next role.

Trust

Your lack of agency means your manager doesn’t entirely trust you. Some things to consider:

  • Have you done something to lose their trust?
  • Are they micromanaging everyone, or just you?
  • Is your relationship strong enough that you can ask them what they are afraid of?
  • Is there a way you can reduce their insecurities?
  • If you do what you’re told the way you’re told to do it every single time, there’s no learning. Would your manager let you experiment, fail, then learn from the result? For example: Can you do a project how, where, and when you want to, successfully complete it, deliver a report of the results to your manager, then ask for this process to become your standard operating procedure?
  • Have you had success on your own initiative that you can remind them of to prove your credibility?
  • Would more communication (e.g., weekly status reports) on projects give them more confidence in you?

You train people how to treat you. You cannot change other people’s behavior, you can only change what behavior you will accept from them. If you can’t achieve the autonomy you need at your current position, then your decision is whether to stay or go.

What do you do when you experience a lack of agency at work? Please share in the comments.