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THE TEN REALITIES OF CORPORATE LIFE

THE TEN REALITIES OF CORPORATE LIFE. Keith Wyche • Author • Thought Leader • Career Coach • Corporate Executive. What You See Today. Way Back in the Day. • Faith Focus •Fortitude •Fearlessness • Favor. Diversity is a Business Imperative.

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THE TEN REALITIES OF CORPORATE LIFE

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  1. THE TEN REALITIES OFCORPORATE LIFE Keith Wyche •Author•ThoughtLeader•CareerCoach •CorporateExecutive

  2. What You See Today

  3. Way Back in the Day • Faith • Focus •Fortitude •Fearlessness • Favor

  4. Diversity is a Business Imperative • Corporations are increasingly embracing diversityas a sustainable and strategic initiative. • No longer the nicething to do, but the rightthing to do! • Their client executives are more diverse • Their business is more global • As they look for growth, they are attempting to attract a diverse client base • Diversity in ideasand thoughtare required to market effectively in an Internet age

  5. Inconsistent Diversity Mgmt. Results In: • Increased turnover • Poor morale (HiPo to PoPo) • Disengaged workforce • Increased recruiting cost • Poor return on investment, causing many to question the validityof diversity!

  6. Communication(100%) Leadership(100%) Executive Presence(100%) Team building(100%) Ambition (98%) Hard work & long hours (98%) Interpersonal skills(98%) Management skills (98%) Problem solving (98%) Innovation(98%) Company culture (54%) Company politics (53%) ELC* Major Success Factors 100% 90% 80% 70% 60% 50% *Executive Leadership Council Member Survey (2017)

  7. Top Career Derailment Factors The Center for Creative Leadership* • Difficulty changing or adapting • Problems withinterpersonal relationships • Failure tobuild and lead a team • Failure to meet business objectives • Too narrow a functional orientation *The Center for Creative Leadership, Greensboro, NC 2017

  8. Women Face Even More Challenges • Catalyst* report identified 5 major barriers: • Lack of significant general management or P&L opportunities (63%) • Lack of female role models(64%) • Stereotypesand preconceptions (66%) • Failure of senior leadershipto assume accountability for women’s advancement (62%) • Biastoward personal or family responsibilities (62%) *Women in U.S. corporate leadership: (2015). New York: Catalyst.

  9. Women Face Even More Challenges • When in reality, women bring unique skills to the workplace**: • Opportunity Experts: See new opportunities, give life to Ideas! • Networking Professionals: Ability to connect and open doors! • Natural Givers: Great at inspiring and lifting those around them! • Relationship Specialists: More responsive in givingand receiving feedback! ** Forbes (2011)

  10. The Ten Realities • You own your career … not the company! • No one reaches the top by themselves! • Understanding organizational culture is critical! • It’s not enough to be smart, hardworking and a good performer! • Results trump effort … every time!

  11. The Ten Realities • You’re part of a team … not a family! • You must stay current to remain relevant! • What others think of you, does matter (feedback is a gift)! • The higher you rise, the harder it gets! • You can’t “fake it ‘til you make it”

  12. P.E.P. A “Brand” New Me! Most professionals understand the importance of performance, but they often overlook the impact of exposure and perception! Performanceis the key, butexposureandperceptionunlock the door!

  13. P.E.P. up your Performance Performance (50%) • Understanding what is valued • Understanding / documenting what is expected • Documenting / reporting on what has been accomplished • Requesting / receiving “timely” feedback!

  14. Practical Example 1: Be Prepared to MANAGE Your Performance Goals and Appraisal! • Documentagainst goals and objectives ALL year long and quantify your accomplishments. • Meetat least 3 times a year to review progress with your boss. • If possible, meet once a yearwith your boss’ boss! • Have a planfor addressing challenges in your job. • Never stop demonstratingyour interest by attending educational activities relevant to your role. • Write your annual appraisaland share it with your manager.

  15. P.E.P. up your Exposure Exposure (25%) • To desiredleadership traits • To the key power brokers • To business functions(Operations, Marketing, Finance, P&L, etc.) • To new ideas/ information(periodicals, business books)

  16. Be Visible Minority careers often hit a standstill because the individual: • Doesn’t understand the value of visibility • Doesn’t take advantage of opportunitiesto be more visible • Doesn’t present themselves positivelyduring “key” visibility encounters

  17. Practical Example 2: Improve Networking and Interpersonal Skills • Identifywho the key business unit leaders are, and try to get time on their calendar to “understand” their unique business needs. • Participatein company sponsored events that will give you access to key leaders. • Lookfor opportunities at social events to join in the conversations of others. (Avoid religion, sex and politics.) • Don’tshy away from seeking mentors that may not look like you. • Joinoutsideindustry or professional organizations, and look for leadership opportunities. Also, look for partneringopportunities with your company.

  18. Mentors and Sponsors Who’s wearing Your T-shirt?

  19. P.E.P. up Perceptions Perception (25%) • What is your brand? • Self awarenessto strengths and development opportunities • Internal: Image, Attitude, Value • External: Leadership visibility/thought leadership • Does my image positively reflectmy company?

  20. Your Brand Means Everything • What is your brand? • Executive presence • Demonstrated competence • Leadershipquotient

  21. Executive Presence Competence Your Brand Means Everything • Lack of demonstratedcompetence negates advancement opportunity: • Holding a degree is an assumed competence (until that competence is demonstrated in the workplace). • Seek opportunities to demonstrate your competence to those in senior-level positions.

  22. Career Checklist • Take time to understandand evaluatethe corporate cultureyou work in. • Do an honestself assessmentof your strengths and lesser strengths. Create a plan to address any “blind spots”. • Make certain to understand and documentperformance goals • Create your personal “Career Blueprint”. • Seek out “true” mentorsboth inside and outside of your company.

  23. Career Checklist • Seek and accept regular feedbackfrom mentors, colleagues and bosses. • Don’t be afraid to take “above the waterline” risks(most high profile opportunities come with a degree of risk)! • Increase your personal networkby joining professional organizations. • Create and manageyour “Brand” • Develop a Career Accomplishment Bio

  24. A Final Thought Keith Wyche’s mother was told by his principal that, rather than send him to a private school, she should save her money and buy a new refrigerator.

  25. If HE Can Do It….YOU Can Do It! NEVER Give Up! Performance. Exposure. Perception.

  26. 972.899.3411 Michele Lucia / VP – ADL Speakers, Inc. Business Manager – Keith Wyche 972-899-3411 Office / 214-543-0844 Mobile www.KeithWyche.com LINKEDIN linkedin.com/in/KeithWyche TWITTER twitter.com/KeithWyche FACEBOOK facebook.com/KeithWyche YOUTUBE youtube.com/user/KeithWyche

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