THE BLOOMBERG BREAKAWAY CEO SUMMIT
I just came off an excellent two day conference hosted by Bloomberg for CEO’s. Sharing my takeaways from some of the nation’s top leaders of business on what leadership and innovation mean to them.
Always be learning. Know what you ‘don’t know’
You know how the saying goes: You are the Average of the 5 People You Spend the Most Time With … I’m enrolled in a ten month program for LadyDrinks and part of my incentive for joining was to be surrounded by people who are thinking BIG about their businesses. You can imagine my excitement when I was invited, as a member of Million Dollar Woman, to a summit filled with CEO’s and other titans of business.
LISA WARDELL, President and CEO of Adtalem Global Education
She shared how she has successfully gotten more women in the C-Suite in her company: Select women and teach them how to handle a profit and loss statement. Ensure there are support systems for success as well as mentors. She found that this responsibility put squarely on women’s shoulders has been a game changer.
DIANE HOSKINS, CO-CEO, Gensler
She built a portal where everyone in her architectural firm can share ideas. She was most curious about how one idea ignites another. “Be intentional and supportive about creativity as you are about diversity.”
CHRISTINE HUNSICKER, CEO, Total Brain
The same goes for innovation. Christine says if you want people to innovate, you have to give employees space to do it. Walter Dolhare of Wells Fargo followed with “How can you create a safe space with your employees to bring up something controversial. How you react as a leader is incredibly important.”
CRAIG MULLANEY, Partner, Brunswick
After pay and benefits, employees indicated in a survey that social media is the next most influential factor in their own retention at a company. Sixty percent looked at the digital profile of a CEO before even joining. 2 to 1 prefer to work for a CEO that uses digital and social media to provide transparency to his or her employees. Doug McMillan, CEO of Walmart, is a good example of someone who has great engagement on social media.
GENERAL STANLEY MCCHRYSTAL, Former Commander US and International Security Forces Afghanistan and former commander of US Joint Special Operations Command
He recommends not making one’s subordinates one’s friends when in a leadership position. “Have the discipline not to be vulnerable with them.” He was in a situation while serving under the Obama Administration where he had to step down. “When you make a mistake, get out and own it.” Same goes for your team.
LIZ HILTON SEHGAL, Managing Partner for McKinsey in North America
She, as a leader, is religious about getting 8 hours of sleep. Self care, mindfulness were themes that came up again and again in terms of employee management. She also reminded CEOs to be perpetual learners. “You don’t know what you don’t know,” she counselled. “Always be learning. Know your limitations.”
WANT TO BE IN A ROOM FULL OF SMART WOMEN THIS WEEK? YOU STILL CAN!
LadyDrinks partners with ELLEVATE for the Mobilize Women Summit, Friday, June 21st, 2019 in New York. All Day
Mobilize Women is a movement based on Ellevate Network’s purpose of achieving equality for all, by giving diverse voices, and particularly those of women, a seat at the table where decisions are made. Read more.
This year’s Summit will feature speakers Sallie Krawcheck, Valerie Jarrett, Tony Prophet, Halima Aden, Andrea Jung and more. Register below using code ‘ladydrinks’ for 15% off tickets to the Summit. If you can’t make it on June 21, check out the Livestream of the event!
Today’s member spotlight is on Zarna Garg, aka Funny Brown Mom. She is capitalizing on her being a mom of three, of South Asian descent—and FUNNY— to light up stages around New York City. This Thursday she will be at Dangerfields in New York City at 8pm. Read more
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Reading list of books CEO’s at the Summit Read
Scaling up, By Verne Harnish
Relationship Marketing, by Regis McKenna
Never Eat Alone, Keith Ferrazzi
Am I Being Too Subtle? by Sam Zell