Risk? What risk?

Photo of a young woman in front of three doors About a year ago, with our daughter entering the second half of her junior year in high school, many of our family dinner conversations began to touch on college planning. What colleges to visit? When to sign up for standardized tests? When was the next meeting with the college counselor?

During one of these conversations, my daughter asked me how I chose which college to attend. Before I tell you what I said next, you have to understand something about me: I grew up in a small town, in the same small town where my father was raised, and where his father was raised. I don’t exactly come from adventurous stock. So, at age 17, when deciding where to go to college, I chose the best school within a 50 mile radius of my home. Fortunately, it was an ivy league university, and to this day, I’m thankful they accepted me.

Back then, I evaluated opportunities by thinking of things that could go wrong, the potential downsides. What if I went far away to college, got sick and needed my mom? What if I didn’t have enough money to travel home for Christmas? Would I find a safe place to store my things over the summer break? You get the picture.

However, I’ve changed since then. Over the course of my career, I’ve seen the positives that can come from risk, and I now evaluate opportunities by looking at all the things that could go right. And I’ve found myself saying yes to things that my younger self would have talked herself out of. One example from the past year? Joining Athentica, an early-stage startup, as the CEO. When I was being recruited, I looked at the impact we could have with our first product, the business we could build, what I would learn, and the ways I would grow my network. Sure, there was the risk that we wouldn’t be successful, but I didn’t let myself focus on that. Instead, I looked at the upside and said yes.

Well, it turns out things didn’t go according to plan; I recently made the difficult decision to leave the startup. Did I fail? That’s not how I’m looking at it. I learned a lot about early-stage startups. I made strong connections with the venture capital community and with people working to improve online education. I led the development of the initial product offering. I worked with great people. So much good came from it.

Perhaps most importantly, my kids saw me take this professional risk. And, they know I’m doing just fine, even though it didn’t work out. I hope they’ll think back on this time when they need to evaluate options in their future careers. I want them to be able to take a risk—to take on a stretch assignment, to move internationally, to switch jobs—and not be held back by the fear of all the things that could go wrong.

In other words, I want them to be able to transform risks into opportunities.

–Karen

© 2014 by Karen Catlin. All rights reserved.

(Photo credit: BigStock.com)

I could’ve done more…or not?

Photo of girls' feet in a tap dance classMy daughter is in her final year of high school and will be off to college in the fall. Eight months to go, and I’m already mentally preparing myself, curious about how our lives will change.

Only eight months left of her childhood. I find myself wondering if I could’ve done more for her over the years. I wonder if she should have gone on an exchange program or overnight camp. I wonder if she should have had more dance lessons or gone to more concerts and plays. The list goes on.

Yet, there were only so many hours in the day and a budget to stick to. As a result, I set priorities. And while I’m proud of the daughter that my husband and I have raised, the feelings of guilt—that I could’ve done more—keep creeping into my mind.

This morning, I came across an interesting blog post: How Leaders Can Avoid Shiny Objects, Black Holes, Fire Drills and Other Dangerous Distractions. Terry “Starbucker” St. Marie writes that one of the greatest challenges of leadership is managing time. He explains the need to spend this limited resource on the most important issues, and to avoid the distractions that can jeopardize projects, teams, and entire companies. I appreciated how he described the three most dangerous distractions: bright shiny objects, black holes, and fire drills.

What I find interesting is that each of these distractions can also show up in parenting:

Leadership* Parenting
The Bright Shiny Object
A new product, project, or partner that’s generating a lot of buzz. The problem is, it’s not really right for the company, or it’s a long shot.  But it’s really cool!  Should you devote time to it, at the expense of other, more viable and profitable things? The latest and greatest after-school activity. The problem is, your child is already pretty busy. But, you’re concerned that your child will not get into insert the name of your favorite college unless they do this activity. Should you figure out how to pay for it, juggle the schedule, and organize carpools to fit it in?
The Black Hole
The company has approved an expensive project, but about 25% of the way in you know you’re going to be over budget. Do you pull the plug now, or ask for more money and trudge on? You enrolled your child in a new sports program, but they’re disappointed because they aren’t as strong as the other players. Do you pull the plug now, or invest in private coaching?
The Fire Drill
Your boss saw a complaint from an unhappy customer. It was a bad one, but when you dug into it the day before it appeared to be an isolated case that could be routinely handled by  customer service, following the protocol for cases exactly like this one. Your boss sees it as a complete breakdown of customer service. Should you start the fire drill – two days of phone calls, e-mails, and meetings involving all of your team, devoted to that single complaint? Your child has known about a school project for over a week, and the night before it’s due she panics because she doesn’t have all the needed craft materials. You’re not too worried because you can think of other things she can use. She sees it differently. Should you start the fire drill of running around town to pick up the supplies?
* Many thanks to Terry “Starbucker” St. Marie for these leadership examples.

It’s not easy to avoid these distractions. It takes courage to say “no”, to be the bad cop, to step back and not get swept up in it all. But, by avoiding them, parents and leaders can spend their time and money on the things that really matter.

So, as my daughter heads off to college, I’m not going to allow myself to feel guilt over the things I could’ve done as a parent. Most would have distracted me from more important activities. Instead, I’m going to feel good about the things I did that made an impact and helped her become an incredible young woman.

–Karen

© 2014 by Karen Catlin. All rights reserved.

(Photo credit: BigStock.com)

My Lean In Story

Lean In LogoA few months ago, the Anita Borg Institute asked me to write a story about a time I chose between fear and leaning in to my career. They wouldn’t tell me why, except that they were working on a confidential project about women leaning in, and that it would be announced in March. Right away, I knew the project was for Sheryl Sandberg’s Lean In movement. And I was thrilled. I wanted to show my support for the movement, and I now had the opportunity.

Here’s the guidance I received for writing my story:

A Lean In Story is a tension point in one’s career that offers two possible outcomes: “leaning in” or “leaning back.” Examples are: asking for a raise and getting it, realizing a need to switch departments and doing it, motivating yourself to reach a difficult work goal, etc.

And here is the structure I should follow:

First-person account that follows a traditional story arc, in 500 words or less.

a) Set the stage – offer a short account of details leading up to the tension point

b) Introduce the tension point – this is typically when fear, vulnerability and doubt appear.  Make sure to outline what the paths of leaning in and /or leaning back looked like

c) Decide to lean in or lean back – stories are more likely to be about leaning in but they could also be about leaning back

d) Share the resolution – how did you feel after the decision was made? How did the situation play out?

e) Show the future – how did your decision impact you, both personally and professionally.  Share a positive ending about what you learned from the experience.  Don’t be afraid to weave in some closing advice or words of wisdom.

While I have dozens of examples of both leaning in and leaning back over my career, I knew immediately which story to tell: when I decided to move from a great part-time job into a full-time role with a lot more responsibility. It wasn’t an easy decision to make, and I wanted to share all the reasons I didn’t think I should lean in, and why I finally did.

You can read my story at http://leanin.org/stories/karen-catlin/. While there, be sure to read some of the other stories. Each one is a pocket of inspiration in 500 words or less.

If you have a story you would like to share, visit the Lean In site and follow the steps to submit your story. I look forward to reading it!

–Karen

© 2013 by Karen Catlin. All rights reserved.

When is it okay to play favorites?

I think most of us would bristle if we were accused of playing favorites with our kids. I love my children deeply and unconditionally, and I would never intentionally hurt them. I want them to grow up to be happy, successful adults. And I certainly don’t want to give one of them an advantage at the expense of the other. I do my best not to play favorites.

But what about at the office? I was once accused of playing favorites by a member of my staff. I am sure I denied it at the time; it was so hard to hear that feedback. But, as I reflected on it, I realized there were some elements of truth to it. While the work this person was doing was important to the company, I was giving more of my time, more resources, and more opportunities to another staff member who was making a larger impact to our business. Before I started feeling too guilty, I remembered reading in First, Break All The Rules…What the World’s Greatest Managers Do Differently that the best managers do play favorites.

It turns out that many managers spend most of their time on their least productive employees, wanting to help them improve. They feel they don’t need to spend as much time with their most productive employees, because they can already do their jobs well. Sounds sensible, right? But, as First, Break All The Rules points out, it’s a mistake. The greatest managers spend time with their best employees, figuring out what they need to be even more productive and more engaged in the business. For example,

  • Do they need more budget?
  • Do they need to be introduced to someone who can help them with an assignment?
  • Do they have skills that are being underutilized?
  • Are they working on highly-visible projects that could lead to promotions?
  • Do the company’s leaders know about them?

Not only is it okay to play favorites at work, it’s a best practice. In hindsight, I wish I had agreed with the employee who accused me of playing favorites. If I could do it all over again, I would have told why I was giving more of my attention to another employee, hopefully in a way that was not hurtful, but honest and even motivating to him. If a group within a department has the opportunity to wildly exceed expectations, the entire department will benefit from an improved reputation. There will be more opportunities, more budget, more trust, and more respect. Just as all boats rise at the same rate with the tide, so do groups within a department.

By contrast, I don’t think the same rules should be applied at home. While I certainly make decisions about how to spend my time and money on music lessons, club sports teams, and other extra-curricular activities for my kids, I do so to help them discover and hone their individual talents. When one of my kids sees me spending more time with a sibling on homework on any given night, I hope they know that I will be there when they need help. I don’t ever want to play favorites with my children.

I write this blog to explore the intersection of leadership and parenting. But, on occasion, I will find areas where they don’t align. I think this is one of them. Do you agree?

–Karen

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© 2012 by Karen Catlin. All rights reserved.

When it’s time to kill the sled dogs

StateLibQld 1 242813 Frank Hurley's photograph of the Endurance being crushed by the ice in Antarctica, 1915

One of my favorite books is “Endurance,” Sir Ernest Shackleton’s story of his attempt in 1914 to cross Antartica via the South Pole. After his ship became stuck in ice, Shackleton led his crew on a two year journey to safety. Along the way, he showed incredible leadership. One example is when he made the difficult decision to kill the sled dogs, who were a drain on their precious supplies.  Shackleton, knowing that his men were fond of the animals, talked about how much the dogs consumed for a few weeks before announcing his decision. By socializing the idea that they may need to kill the dogs, he gave everyone time to come to grips with it.

As leaders, we are faced with difficult decisions all the time. I remember a particularly challenging hiring process for a manager in my department. I was looking for someone with a specific technical expertise who could also chart an inspiring, strategic direction. After reviewing many resumes, I found an ideal candidate and brought him in to be interviewed by the team. Afterwards, I led a debriefing session to gather everyone’s feedback. To my surprise, they gave a collective thumbs-down. I couldn’t believe it! He was more than qualified and an all-around nice guy, but still the team didn’t think he was the right person to hire. Over the next couple of days, I muddled over this feedback, consulted with some of my trusted members of the team, and ultimately decided to hire him. My gut told me he was the one. When I announced my decision to the team, I made sure I did three things:

  • I acknowledged that I heard their feedback,
  • I told them I was going against their recommendations and explained why, and
  • I asked them to keep an open mind as the candidate joined us.

Even though my decision was unpopular, I heard later that the team appreciated how direct I was. They were open-minded as they welcomed their new manager, and he became both successful and well-respected. I would make that tough decision again in a heart beat.

The decisions we face as parents can be just as difficult and seem to be never ending. What pediatrician will we choose for our baby? Do we spend the extra money for organic food? Do we trust this caregiver? What school option is right for our child? Should we get a dog? Does our preteen need a cell phone? Is our 16-year old responsible enough to get her driver’s license? The list is endless.

Even with years of experience as both a leader and a parent, I still find it hard to make tough decisions because:

  • I may not have all the information to make the decision. So, I have to trust my instinct.
  • I may make the wrong decision. I don’t have a crystal ball that shows me the impact of my decisions. If and when I make a mistake, I own it. I take responsibility for the decision and how to handle the fallout.
  • I may be less liked. Tough decisions are rarely popular.

Given that making difficult decisions is a fact of life, I have found these best practices helpful:

  1. reflect my personal values. I do my best to be genuine and transparent, and to share my thoughts about the decision in a way that is respectful to those that will be impacted. I try to empathize with anyone who will be impacted by a decision.
  2. I often socialize a decision before it is final to gather more input and to give others time to deal with it. I explain why I need to make the decision, and how I am going to make the decision. I listen to what others have to say about it, and decide if I should reflect their input in my decision. I make note of concerns that I want to address when I explain what decision I have made.
  3. don’t procrastinate. Tough decisions rarely get easier to make over time. If there is no obvious deadline, I choose one and stick to it. I strive to give myself enough time to evaluate options and the impact on my business or family, but not to the extreme that I can’t make a timely decision.
  4. I am definitive. When I share the final decision, I don’t second guess myself. I make sure others know the decision is final. At home, where my husband and I share the decision making process, I use words like, “Dad and I have decided…”  At work, I say direct things like, “This decision is final.”

While I hope you and I never have to actually kill any sled dogs, we will continually face tough decisions at work and at home. What best practices do you follow? I’d love to hear them and learn from you.

–Karen

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© 2012 by Karen Catlin. All rights reserved.