#LeadershipTuesdays: "Do or Do Not"...Mellody Hobson

"We don’t want to just admire problems, we want to try to find solutions to them. So, you have to truly believe that the world is changing and that you want your customers represented inside of your company, and you want to have different types of people and brains to come up with new and creative ideas. You have to truly believe that leads to a better outcome. ...Yoda said ‘Do or do not, there is no try.'”

--Mellody Hobson, President, Ariel Investments

On Tuesdays, womenatliberty.com presents #LeadershipTuesdays, a platform for a variety of voices and resources to develop, encourage and strengthen women leaders. Mellody Hobson, President of Ariel Investments, gave a courageous TED talk in March 2014 about an experience she had in 2006 of being mistaken for the "kitchen help" when she showed up with then Congressman Harold Ford for a lunch meeting at the offices of a highly regarded New York publication. Your first reaction is to chuckle and then you give a heavy sigh and side eye because you know that her experience is not funny at all.

Although Mellody has broken the glass ceiling and achieved success, she recognizes that other minorities and women are not being given the same opportunities to excel in their fields and reach the highest echelons of corporate power. With an authentic and courageous voice, she continues to champion diversity even though this is not her main gig. She actually runs an investment firm and sits on the board of a few firms including Starbucks and JP Morgan Chase. She says it’s time for less talk and more action. More of 'this is what we have accomplished' versus 'this is what we are trying to do'.

To watch her talk at Fortune's Brainstorm Reinvent conference in Chicago, go to our home page at womenatliberty.com. Or you may also view it here.

Follow #LeadershipTuesdays on Twitter @LeadershipTues to see daily posts with resources that help you develop and strengthen your leadership skills. Happy #LeadershipTuesdays.

#LeadershipTuesdays: A Formula For Success...Arnold Donald

"Diversity is a business imperative. The key to innovation is diversity of thinking. Having people from different backgrounds and different cultural experiences who are organized around a common objective is far more likely to create breakthrough innovation than a homogenous group.

A diverse group aligned on a common goal with a work process that fosters true inclusion, equal respect, equal voice and an equal opportunity for each team member will outperform a homogeneous group every time." 

--Arnold Donald, CEO, Carnival Corporation 

On Tuesdays, womenatliberty.com presents #LeadershipTuesdays, a platform for a variety of voices and resources to develop, encourage and strengthen women leaders. February is one of the most wonderful times of the year because it is the month that the United States has set aside to honor the history and contributions of African Americans. And we have Carter G. Woodson to thank for creating this sacred practice. We are forever indebted to him and the countless number of ancestors who came before us and never stop fighting for progress and a better life for those who would come behind them.

To day we recognize Arnold Donald who is the CEO of Carnival Corporation, a company most known for its Carnival Cruises and large luxury ships. However, the company has rebranded themselves in recent years as a travel and leisure company. Donald is one of only three African American CEO's in the Fortune 500. His quote emphasizes that diversity and inclusion is not charity, but it makes good business sense. 

A 2015 McKinsey study stated that companies in the top 25th percentile for gender diversity on their executive teams were 15% more likely to experience above-average profits.  A later January 2018 report released by McKinsey presented data showing the likelihood had grown to 21%. (1) So, for businesses and leaders who want a competitive edge and want to outperform their competition, as Mr. Donald says, diversity is a business imperative. Diversity must not only be present in the top leaders, but it also must be visible throughout the company to be highly effective. When diversity wins, the business is more likely to be an innovator and winner, too.

Follow #LeadershipTuesdays on Twitter @LeadershipTues to see daily posts with resources that help you develop and strengthen your leadership skills. We look for and examine leadership everywhere, in politics, business, communities and entertainment. For more on #LeadershipTuesdays, go to womenatliberty.com.

Reference:
(1) Strauss, Karsten, "
More Evidence That Company Diversity Leads To Better Profits", Forbes.com, January 25, 2018
https://www.forbes.com/sites/karstenstrauss/2018/01/25/more-evidence-that-company-diversity-leads-to-better-profits/