The Power of…

Network Mapping Your Way onto a Board

Joining a board is about fit and style. The Board wants to make sure that your style will fit in. To help them decide, think about your network and how you might be connected to any one of the Board members. This is what I call “network mapping.” Use your network to map how you might be connected to members of the Board. The more connections you have to the Board, the more comfort they can get on how you will fit in. Don’t be afraid to ask for introductions!

To help you map your network, it is important to understand who can help connect you to a board opportunity. Your network can be broken into the following groups:

Decision Makers: these are individuals that will make the final decision on who will join their board. These include: board members, in particular, the Chair of the Board and Chair of the Nominating Committee.

Connectors: Connectors make change happen through people. These are individuals that will connect you to board members, CEOs and Executives of a company you would like to serve on. Examples may include: Lawyers, Accountants and other professional service firms and thought leaders. Refer to my blog post: “Are you a Connector?”

Mentors: Mentoring is about advising. These are individuals that inspire others in achieving their best and find joy in encouraging them to make a difference. For more on mentors, please refer to my blog post:

Sponsors: Where mentoring is about advising, sponsoring is about acting. Sponsors are typically Executive Sponsors inside your company. They are willing to put your name forward for board opportunities. Sponsors may also be individuals you have worked with in the past who believe in you. When you are looking for a sponsor, remember that it is a two-way relationship based on mutual respect and trust. You both need to be invested. Your sponsor is putting their name on the line by championing you, so you need to follow through with their advice and work hard to keep your sponsor’s good reputation intact. For more on Sponsors, see my blog post: “The Power of Sponsoring”:

Organizations: Think about the organizations you are affiliated with, your alma mater, not-for-profits, professional organizations/associations and member based organizations (like-CPA Canada, CBA, GPC etc.) and how you can leverage these organizations.

Network mapping your way onto a board is an ongoing process-that you need to be strategic in connecting to your network. To your networking!

Are You a Connector?

Connecting people is an art. Connecting opens up a world of potential opportunity for yourself and others. All of us are connected in some way, but many of us don’t use our networks.

Are you a connector? I ask this question as there are a few people that I know who are great connectors and I wonder what makes them unique.

According to Malcolm Gladwell in his book Tipping Point there are three types of people, Mavens, Connectors and Salespeople:

Connectors make change happen through people. They galvanize people. They’re natural hubs. That’s just the way they’re oriented to the world. These are people who, every time you ask a question, start flipping a Rolodex in the back of their mind, saying, “Who do I know who knows this? Who do I know who has done this? Who do I know that I need to connect you with?” They love connecting you with people, because they’re all about the people.”

When the topic of networking comes up in conversations a lot of people say, “Oh, I don’t like to network.” But in reality we network each and every day and we don’t realize that we’re doing it.  We are constantly connecting without consciously ‘networking’. Do you use these connections? To take it one step further, do you connect people you meet with other people you know? If you do this, it can be quite powerful.

I have been told through my friends and colleagues that I am a connector. Having never thought of myself this way, I lean in and ask “why”?  They tell me it’s because I always love meeting new people, learning new ideas and that I genuinely want to help others. I’ve always aspired to be like the great connectors that I know and these attributes are something we can all aspire to. We can all learn the art of connecting.

Three tips on being a connector:

1. Be authentic. Approach connecting with sincerity and come from a place in your heart of well-being.

2. Be timely and follow through. Always do what you say you are going to do.

3. Be mindful of your network. Your network is like your reputation, you need to be protective and strategic in who you know and how you tap into their network. It is a two way relationship, so GIVE more than you take.

The Power of Sponsoring

I am often asked what the difference is between mentoring and sponsoring. There seems to be a good deal of confusion between the two since both are centered on asking people to help you advance in your career.  So what is the difference between mentoring and sponsoring?

Mentoring is about advising and sponsoring is about acting.

In a New York Times op-ed article by Sylvia Ann Hewlett, she explains the difference between sponsors and mentors this way:

Mentors act as a sounding board or a shoulder to cry on, offering advice as needed and support and guidance as requested; they expect very little in return. Sponsors, in contrast, are much more vested in their protégés, offering guidance and critical feedback because they believe in them.”

Sylvia has also written a book on the topic titled Forget a Mentor, Find a Sponsor  that I highly recommend for anyone who is looking to get to the next level in their career.

Sponsorship over my career

I have benefited from sponsorship over my career. And I am grateful for all my wonderful sponsors who have believed in me, helped me to make great connections and who provided me with guidance and critical feedback.

My sponsors have been women and men that I had developed relationships with over years throughout my career. I was able to demonstrate my skills and experience to them and gain their trust by working alongside of them while serving on boards, consulting, as a Chief Financial Officer and by getting involved in my community.

When you are looking for a sponsor remember that it is a two way relationship based on mutual respect and trust.  You both need to be invested. Your sponsor is putting their name on the line by championing you, so you need to follow through with their advice and work hard to keep your sponsor’s good reputation intact.

Sponsoring is about giving back by paying it forward for others. Don’t be afraid to ask for a sponsor or take action as a sponsor for someone else.

I am putting “asking for a sponsor” into practice with Women Get On Board. We have formed an Advisory Board with experience and connections in governance, law, investment banking, accounting, financial services, corporate finance, M&A, professional development and media.

I would like to extend a big thank you to our inaugural Advisory Board for helping us shape the strategic direction of Women Get On Board! Your sponsoring will help us advance our mandate to connect and promote women to corporate boards.

The Power of Mentoring

The concept of mentoring is a 20th century term. Thirty years ago mentoring on a business level didn’t even exist. It wasn’t mentioned or promoted as a way to network or learn from people who had the positions that you aspired to.  So what did we did we do before mentoring came in vogue in this highly competitive market place? We chose and emulated people who inspired us to help us reach our goals. My first mentor was father. He inspired my business career and in the last 15 years I’ve had the opportunity to be a mentor and a mentee.

Look for a mentor outside of your organization. Choose someone who inspires you.

I have been fortunate over my professional career to have great mentors. Some I would reach out to on a very informal basis like meeting over a lunch, where I would seek advice and guidance on career choices and specific topics.  On a formal basis, I was sponsored to be a Mentee of the Women On Board, a Catalyst Initiative Mentoring Program. My sponsor was Gigi Dawe, Principal, Research, Guidance & Support at CPA Canada. (I would like to extend a big thanks to her for believing in me!)

When asked what I wanted in my Mentor, I answered that I wanted an experienced woman Corporate Director who had a stellar career as an Executive that I could learn from.  I knew that I could learn the most from another successful business woman who had been there and done that. And so my mentoring program began in May 2012 with Krystyna Hoeg. We would meet over lunch and had a mutual trust, understanding and respect for one another. I am grateful for those wonderful learning lunches that I had with Krys over the next two years. She helped me refine my board matrix skills and my value proposition to a Board and encouraged me to step up in a leadership role as Chair of the Sears Audit Committee. Thanks Krys!

Become a mentor, you will learn a lot from your mentee.

I have been asked over the years to mentor other women.  I am happy to inspire others in achieving their best and find joy in encouraging them to make a difference. I just recently received this email from my mentee that I mentored in the WXNWisdom Top 100 Mentoring Program:

“Also wanted to give you an update that I moved roles within TD about 4 months ago and got a promotion to Associate Vice President Specialized Collections – your guidance and support was a big part of getting me there so wanted to send you a thank you.”

Patricia Trump, AVP Specialized Collection, TD Canada Trust

On Sunday March 1st, I was asked to speak at Brock’s Goodman School of Business’ Brock Badgers A-team Experience as a Distinguished Guest to prospective students and their parents to showcase what Brock’s business graduates have gone on to accomplish. When I’m asked what inspired me to go into business, I always say that I wanted to a businessman just like my father. I can tell that this resonates with the young women business students; they come up to me time and time again and thank me for inspiring them to become a successful woman business leader.

I had Brock Goodman School of Business woman student follow-up with me on LinkedIn after the event:

“It was a pleasure meeting you at the Goodman A-team event today, albeit briefly (over a gift exchange of wine that we hope you enjoy)! I admire your passion for helping women advance their careers and break through the glass ceiling. Hope to keep in touch!”

 Olga Coltova, Marketing Support Specialist at Hitachi Solutions Canada

So as you journey in your professional career, take time to find a mentor and equally give back as a mentor.  The experience is very rewarding.

I would like to thank all my mentors over the years.  You have been instrumental in shaping me into who I am today, especially my father who inspired me at young age to go into business.  I would also like to thank those that believed in me to mentor them. The best is yet come!