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What
Fortune’s Most Power Women Have to Say On Culture
By
Nilofer Merchant on Oct 23, 2013 12:05 pm
Last week, Fortune held a “Most Powerful Women” MPW summit with
about 400 people in attendance. Going to a conference like this is such
a privilege because you get a chance to hear leaders across industries and
interests think aloud.
3 takes on how leaders create cultures of innovation that I
found worthy of note:
Marissa Mayer… on how do you amplify what you want more of…
Eric Schmidt [exec chairman of Google] gave me some advice. He was like, look, it’s your job as leadership to be defense, not offense. The team decides we’re running in this direction and it’s your job to clear the path, get things out of the way, get the obstacles out of the way, make it fast to make decisions, and let them run as far and fast as you possibly can.
And I think that when I came in people were looking to me to
answer, “what’s our strategy now?” And I was like, “I don’t know, you tell
me.” I know you’ve been here longer than I have. And they were taken
aback…like, “really, like we get to give our ideas?” I literally had
some employees say no one
has ever asked us for our ideas before. And it was really about opening
up to that pent up energy [to contribute].
I’ve always thought of culture as DNA. I don’t know a lot
about genetics, but I understand some of it, and I think that what you really
want are the genes that are positive to hyper-express themselves in
culture. Take the elements of fun, things that are motivating and
inspiring people, and amplify them. And take some of the negative genes
that are getting in the way, and shut them off, or tone them down.
It’s not about injecting new mutant DNA, right. It’s not
about changing the culture. It’s about making the culture the best
version of itself.”
Justice Elena Kagan, on the being deliberate and respectful of
others.
We don’t use email at the Supreme Court. We don’t email each
other. I obviously do to my clerks, but the justices themselves do not
communicate by email.
So how do you communicate? asked Pattie Sellers of Fortune.
Well, we either talk to each other, which is not a bad thing,
she added. [Implying, of course, a great deal to the audience because much of
DC was shutdown because Congress’ inability to talk with each other.] Or we
write detail long memos to persuade each other. “The Court is an institution
where…we’re not horse trading. We’re not bargaining. We’re reasoning.” And
we’re trying to persuade one another. Often the best way to do that is by
putting things down on paper in a kind of careful and deliberate way and
saying this is what I think and, and giving people an opportunity to read a
memo and to think about it and to reflect on it.
And so we do a lot of our communicating by these memos, which
looks sort of 19th century. They are on very heavy ivory paper—it looks like
it came out of the 1800s or something. But it seems to work pretty well. And
when you think about it, how many emails have you sent that you wished you
could take back? So, we’re careful and deliberative.
That may be one reason the court works so well. Even though the
justices “disagree a lot” and can “express our disagreement in powerful and
sharp terms”, they all like and respect each other, she said. That sort of
good faith environment of knowing “how to disagree without being
disagreeable” keeps the court functioning well as an institution.
From Ginni Rometty, CEO of IBM – on a mindset trap
that keeps you from adapting
R&D is not one thing. It is actually two [things]. Research
itself is disruptive. It is when you explore the new, long-term ideas.
Development is more ongoing. The goal then as CEO is to let those work apart
and then together. Balancing between the two is key.
And it’s a misnomer to say R&D is done in isolation. I don’t
think you do research all by yourself. In fact, that’s never going to result
in what you need. You can work with clients to help you look around corners.
You can be social within the enterprise that lets you tap into the ideas that
your people come up with internally. You can work with universities to be
exposed to what is being explored in its early formation. And of course, you
can participate in conversations with the venture capital community who are
great at spotting patterns.
Lastly, I don’t think of ourselves by any product we are
creating, even Watson. If you define yourself by your product, you’ll miss
key trends, and new business models.
Going to conferences is
a chance to hear leaders think aloud. You get to be the student, to ask
questions of the participants. This conference was especially inspiring to
me, because I heard the backstage views on the government shutdown – a major
world event. What conference could you go to in 2014 that would let you be
the student? Name 3, pick 1. Go sign up, now. It’s a way of investing in learning.
The post What Fortune’s Most Power Women Have to Say On Culture
appeared first on Nilofer Merchant, LLC.
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Thursday, October 24, 2013
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