48 / Executive Presence. Digital Rules. AirBnB. Eras of Change.
Want Executive Presence? Watch Movies.
Welcome back to Circle Three!
Just six days away from the launch of the digital asset investment product offered by FirstWatch Crypto.
"There are decades where nothing happens; and there are weeks where decades happen." — Vladimir Lenin
Lenin refers to the tendency of a society to remain stable on the surface for extended periods of time, while social, economic, and political problems bubble within. People then quickly become willing to fight for change. Looking at the last decade and upcoming decade, we could be approaching this period of drastic change. What rules of the "old game" can you question this week?
As technology seeps into our lives, I've thought about how to introduce younger generations to the online world in a healthy way. This article, titled "How to help your kids be responsible digital citizens, from a tech exec" is a structured method of setting up some of those boundaries at home. Maybe in the future we will see a middle school class teaching these lessons.
Trust is at the core of AirBnB's appeal. But the company has paid millions of dollars to hush hundreds of oftentimes horrible incidents. On average they payout $50 million per year to hosts or guests involved in crimes. Now they are worth $105 billion.
Tokyo, Japan is at the top of my travel list for a lot of reasons, but the city's transportation infrastructure is high on that list. Here's an easy-to-use website that shows you all city travel in real time.
Digital music platforms have a wide open future. Bandcamp and Spotify are two dominant players in the space, but read about how they differ and how the future of digital music might look very different soon.
A simulation of an ocean wave. Useful? Who knows. Edit the wind, size, and choppiness to simulate the waters of your dreams.
Watch Movies → Gain Executive Presence
The power of executive presence and how I'm trying to learn the skill.
(Read this online here.)
Telling someone to have more presence can be just as confusing as telling someone to be more clear. (Remember the importance of delivering Feedback?) I ask myself, how do I have more presence? What, specifically, am I doing that doesn't lend itself to a strong presence?
For Brooke Vuckovic the answer ended up being "watch more movies." Woohoo!
But before you run off and turn on Grown Ups 2, let's understand where that recommendation comes from. Brooke is a Clinical Professor of Leadership at Northwestern's Kellogg School of Management. And while there are plenty of online lists describing the steps to executive presence, Dr. Vuckovic dives deeper with a simple equation that she presented during "The Insightful Leader Live: Do You Have Executive Presence?":
Executive Presence = ( credibility + ease ) / ego
You may remember Dr. Vuckovic from Issue 19's Big Idea. I'm in awe at the ease with which she talks about leadership and commanding presence, but that's the skill that comes from decades as a top-level executive coach. The best I can do is be a sponge.
It's easy to think of executive presence as an inherent trait; you're either born with it or you're not. But, as I try to level up my own leadership and corporate skills like so many personal development-focused twentysomethings, I'm putting together tangible lessons on how to build executive presence.
Let's learn together...
Executive presence in its simplest terms is about inspiring confidence. It's equal parts authenticity — being your genuine self — and inspiration. You inspire confidence in peers that you are capable and reliable, in your subordinates that you are a leader worth following, and in your senior team members that you have potential. Someone with executive presence has the wherewithal to lead, listen, or inspire others to take meaningful action.
This isn't the only benefit. Strong executive presence is common among high-performing organizations — it's good for the culture. Having employees with strong executive presence strengthens company's internal culture, helps leaders manage teams, and improves organizational performance.
Grown Ups 2 can wait a few minutes longer. Because the three key inputs for executive presence might inspire you to watch something else. (But I do love a good Adam Sandler movie.)
Executive Presence = ( credibility + ease ) / ego
Credibility
While presenting the power of cryptocurrencies, what if my voice cracks, I talk monotone, or I quickly buzz through the information. All are the opposite of increasing credibility! Not good! To gain credibility, we have an important yet often overlooked tool at our disposal: the voice. Greater inflection in speech demonstrates interest, responsiveness, and expertise; opening the floor to others suggests vocal power. And by eliminating filler words and incorporating pauses, the speaker can convey urgency. How do you dial up your credibility?
The key is foundational credibility: demonstrating expertise, preparedness, and integrity. Being early in my career, I asked the expert how to demonstrate foundational credibility now. "When you’re young and aspiring—your key dial for credibility is work product and delivery."
Executive Presence = ( credibility + ease ) / ego
Ease
The next piece of the great equation of Executive Presence is ease. Oftentimes, we can sense ease without realizing it. Nervous tapping, pen clicking, or profuse sweating show unease. Exuding ease is about composure, but it involves more than confidence. By being authentic with others, speaking our needs, and regulating emotions, we can appear at ease. At a spiritual level, this is about being aligned internally and externally — congruence. Then there are the tangible steps to take: diet, sleep, exercise, and eye contact can provide a sense of ease throughout the day.
Executive Presence = ( credibility + ease ) / ego
Ego
No, not the character from Ratatouille (Anton Ego).
Ego is the denominator of the Executive Presence equation. As ego goes up, executive presence goes down. But it’s worth noting that confidence and ego are not one in the same. Adam Grant's book Think Again describes the Confidence Sweet Spot as "confident humility: having faith in our capability while appreciating that we may not have the right solution." (p. 47) ****By taking this attitude, it's possible to preserve the value that exists from credibility and ease. Cockiness comes from a low level of credibility, high casualness in language, and high ego. Not necessarily what anyone strives for.
Be Present
The benefits of executive presence reach beyond the workplace. After writing about appropriate attire, I couldn't help but chuckle at the phrase during the presentation "dress the part of the job ahead of you." So many of these lessons contribute to a sense of executive presence. Simply following through on your promises increases credibility and ease. I'm happy to have the tangible steps. Who knew there was even an equation?
So the part you've been waiting for: movies! Characters gain trust and evolve over time to increase presence. The King's Speech, Hidden Figures, and the Pursuit of Happyness were mentioned as shining examples of executive presence in action. Cook some popcorn, get out a notebook, and enjoy them with me.
🐦 Tweeting: (Not a tweet, but a picture I snapped this weekend on Notre Dame's campus.)
🔊 Listening:
📖 Reading: Collapse: How Societies Choose to fail or Succeed
➕ Win: Had lunch with one of the leaders in the crypto industry.
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