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The Leadership Advisor
"Helping Leaders Develop Leaders." 
June 2010
Volume 5, Issue 5
iLink:
The Many Facets of Wisdom
Wisdom: The Master Key
Leadership Excellence
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The Winds of Change. . .

From the desk of Phil Eastman:

I regret having to let our readers know that changes are coming in Lorene's role with our firm.  Lorene has been our Partner for Business Operations for nearly five years, and in that time she developed and matured this newsletter, helped publish The Character of Leadership:An Ancient Model for a Quantum, and supported our client relations, marketing, and countless client sessions.  Unfortunately, the local economy has slowed to a point that we have to adjust roles.  Winds of ChangeTo that end, Lorene is leaving full-time employment as of June 30th.  She will continue to publish the newsletter, The Leadership Advisor, so you will still have the treat of reading her stories.

 

Please join me in thanking Lorene for her service and her passion for leadership.  Both will be missed as she pursues her next challenge.

 

From the Heart of Lorene Rasmussen:

I have absolutely loved working alongside my friend, mentor, and hero, Phil Eastman, for the last five years, but the harsh economic realities many have found themselves in is allowing me the privilege to dream again and re-think about "What's Next?"!

 

This is both exciting and scary all at the same time (much like skydiving), yet I am up for the challenge. Obviously, I will need to update my resume and start narrowing down my career options from petting puppies to astrophysicist, but I'm optimistic it won't take long. 

 

Thank you for allowing me to visit your inbox once a month, leaving behind leadership principles, sharing stories, and providing quotations.  It has been my joy to be a part of your organization.

"The best thing about the future is that it comes only one day at a time." ~ Abe Lincoln

The Many Facets of Wisdom

By Lorene Rasmussen

 
When you hear the word "wisdom," what pictures do you conjure up? A bald man sitting cross-legged on a mountain in Tibet?  An older woman dispensing fresh baked goods and advice from her kitchen? Perhaps when you hear the word "wisdom" you remember a teacher who was able to unlock the mysteries of the universe just because you had the courage to ask the question. No matter where your thoughts may go, the person who effectively applies their accumulated knowledge and experience to a situation demonstrates their Wisdom.

 

Sharon Allen
Sharon Allen
In choosing a leader to feature this month's topic, Wisdom, I knew I wanted someone extraordinary yet approachable.  Sharon Allen was a guest speaker for the Boise Metro Chamber's Speaker Series and not at all new to Idaho.  As a matter of fact, Boise is where Allen spent the majority of her time with Deloitte and Touche before being elected as Chairman of the Board in 2003 and then again in 2007.

 

In his book, The Character of Leadership: An Ancient Model for a Quantum Age, Phil Eastman examines the different facets of Wisdom and the leadership behaviors that can be applied.  He looks at how Abraham Lincoln handled his adversaries during our nation's infancy; he tells of King Solomon's ability to discern the real mother in the biblical story of two ladies quarreling over one child; and he shares the famous tale of an honest lad in Hans Christian Anderson's book, The Emperor's New Clothes. Each example not only brought out the accumulated knowledge and experience of the characters but also three other components that makes Wisdom so valuable: knowledge, self-awareness, and action.

 

It is these three components of Wisdom, knowledge, self-awareness, and action - that compelled me to want to highlight Sharon Allen.  She was born and raised in rural Idaho, graduated from the University of Idaho in 1973, and immediately went to work as an auditor for Deloitte and Touche.  Her original career plan was to be a teacher or nurse (standard operating procedure for females in the 1970's), but it was the encouragement of her roommate to take an accounting class that caused Allen to rethink her options. 

 

Wisdom is such an important aspect of any leader's character, whether you are the chairman of the board or a Girl Scout troop leader.  It is with Wisdom that visions are cast and decisions are made, drawing on your own expertise as well as the collective experience of others.  Eastman believes that, "leaders must be avid students of their environment, rather than mere commentators on the events in their organizations; they must be curious observers of what works, and accumulation of knowledge is a critical element in the development of Wisdom." 

 

Knowledge: Besides the obvious education Sharon Allen received as a graduate of the University of Idaho, she became a student of Deloitte and Touche's prevailing culture. "Early in my career," Allen states, "I observed the leaders I most wanted to follow. . . Eventually, I built a composite model of the leadership traits that I wanted to emulate - including the ability to communicate, be decisive, create a vision of the future, and execute against it."  Allen's leadership roles extend beyond the position she holds within Deloitte: she serves as a U.S. representative on the global governance committee and chairs the global risk committee for the global board of directors of Deloitte Touche Tohmatsu.

 

Self-awareness: Knowing your own strengths and weaknesses is not enough to being self-aware, although it is a good start. It's also important to understand how you gather, process, and act on the information that makes you an effective leader.  Allen's keen self-awareness early in her career allowed her to accept and champion strategies for career-life balance for greater flexibility in the workplace.  "Career-life fit has long been a concern of women in the workplace," notes Allen. "For the past few years, Deloitte has pioneered 'Mass Career Customization,' which we believe is the new frontier for career-life balance."

 

Action: The on-going fracas regarding the gender wage gap does not go unnoticed by Sharon Allen. "Every time I look at the numbers for companies across the U.S., I am taken aback. There is a significant difference. At Deloitte we have been working to keep these numbers in line for men and women. It's something that takes continued attention." Even though Allen is part of an organization that values the contribution of women, she recognizes the need for Deloitte to begin making a "concerted effort to retain and advance the talented women it worked so hard to recruit."

 

Sharon Allen's successful journey has been one of risk, responsibilities, and rewards. Along with her desire to work hard and the guidance of knowledgeable mentors, she continued to assume greater leadership positions throughout her career.  Allen learned early that leadership was much more art than science. "Just as there's no one right age or gender or cultural background for leadership," Allen said. "I came to understand that there's no single right way to lead." 

 

Frequently honored for her contributions to business and community leadership, Sharon has been named to Forbes list of "the 100 most powerful women in the world" for the past four years. Obviously, relying on her Wisdom has served her well throughout her journey from Boise to the Boardroom. 

"Wisdom is not just a product of schooling but of the lifelong attempt to acquire it."Follow me on Twitter 

Wisdom: The Master Key
By Phil Eastman
 

WisdomOf all the elements of the Character of Leadership model, Wisdom is the master key to leadership growth.  As Lorene points out in her profile of Sharon Allen, Wisdom is the holder of self-awareness, and since that key attribute stimulates a leader toward development, wisdom is essential for leadership growth.

 

This reality means there is good news and bad news when it comes to improving your leadership ability.  The good news is that it is possible to develop the critical competencies that all leaders need in order to lead effectively.  The bad (at least troublesome) news is that in order to build leadership competencies, you must have an intimate and realistic self-awareness.  This means being a student of you. 

 

To have an intimate self-awareness means spending time to understand your temperament and assumptions about leadership.  These assumptions build up over time through experience, and as I wrote in last year's articles, lead to leadership myths that can derail your leadership effectiveness. This sort of introspection is necessary, because most people don't really understand how they are wired as people and the important role background and worldview play in the way leadership is demonstrated. 

 

To have realistic self-awareness points out the obvious: each person has strengths and weaknesses.  From a leadership standpoint, it is not whether you have strengths and weaknesses, but rather understanding what they are, emphasizing your strengths and compensating for your weaknesses.

 

For leadership to effectively develop requires Wisdom, because the active ingredient in Wisdom is self-awareness, the master key for growth.

 
 "A wise leader seeks to understand his own strengths and exploits them for the good of the organization." ~ Philip H. Eastman ll
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Leadership Excellence
 
ExcellenceIn the June 2010 edition of Leadership Excellence, editor Ken Shelton states, "I concur with Phil Eastman: 'It would be nice if becoming an effective leader were easy - and if all the ideas and techniques you read about or experience in workshops were simple to use. However, the real world is something else again. Becoming a great leader is hard work. The leadership development industry has softened the reality of leadership, boiling it down to formulas, tips and tricks.

The ability to lead is built on character. Leadership is a life long pursuit in which time and experience matter greatly. It is fraught with pain and exhilaration. Every leader leads from his or her character.'

Read Phil's article, Character of Leadership, in the
June 2010 edition of Leadership Excellence.
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Leadership Advisors Group helps clients achieve success through:
  • Competency based and character driven leadership development.
  • Comprehensive, flexible, and focused strategic plans.
  • Results oriented change management.

We appreciate your continued support.  Join us next month as we look at how Temperance plays a vital part in your leadership character.

 
Phil Eastman & Lorene Rasmussen
Leadership Advisors Group