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Generosity Breeds Connection – Keith Ferrazzi

Work and Life is a radio program hosted by Stew Friedman, director of the Wharton Work/Life Integration Project, on Sirius XM’s Channel 111, Business Radio Powered by The Wharton School. Every Tuesday at 7:00 PM EST, Stew speaks with everyday people and the world’s leading experts about creating harmony among work, home, community and the private self (mind, body and spirit).

On Work and Life, Stew Friedman spoke Keith Ferrazzi, a thought leader in American business and author of Never Eat Alone and Who’s Got Your Back – both best sellers.

The following are edited excerpts of their conversation.

Stew Friedman: How did you come to understand the importance and  power of interpersonal connections, of networking, for business?  And especially, how did you come to understand the importance of service, helping others, as way of creating value for ones self?

Keith Ferrazzi: Keith FerrazziIt started with our own practice of doing cultural transformation in organizations, especially in sales organizations.  And I learned  that when you’re trying to build relationships it’s important to be of service. I joke that the first rule of relationships is that nobody has time for one with you!  So you better make sure that you’re reaching out with enormous generosity. We’ve been teaching and coaching that with managers and leaders. I found that people were willing to change if leaders were of service to their people; that’s what had predictive power. If you want your people to change make sure they recognize that you’re in service to them. I started looking at how could change my own behavior.  I started experimenting with things in social contexts. How can I and my family practice generosity and service?

SF: So you were connecting different domains; taking a lesson from work and applying it at home, in the community and for your own growth in ways that produced meaning for you and others. What have you been discovering?

KF: At a Renaissance Weekend, a non-partisan retreat, which my family and I have been attending, about how society can change, my fiancé said, “we keep talking about this, but let’s do something about it.”  I’m on boards of directors, but let’s do something at the grass roots level. So we volunteered for Meals on Wheels, we started in the kitchens, then we delivered meals. In the process I met a little old lady, who was all dressed up for us; we were the only people she saw that day. As a result of that experience and others like it my relationship with my own family started to change.

SF: How did this effect you?  In what ways did the experience change you?

KF: I focused on my blessings and on gratitude.  The experience melted our hearts and souls so that we were more open to each other. It’s powerful. And I decided: I’m going to bring my team from FerrazziGreenlight to this. I’ve been involved in foster care. 80% of the US prison population came from foster care.  And foster care is correlated with prostitution. These kids never learned how to trust. They were treated transactionally. They sought intimacy in prostitution and family in gangs. So we started volunteering with fosters in foster homes. And we did this with our employees and with our clients.  We started coaching our employees and clients so that they could help these kids learn to trust more. Derivative of organizational education at Intel and Cisco and elsewhere.

SF: How does sales training apply?

KF: Intimacy, generosity, candor and accountability. You need empathy (intimacy). Gain trust by leading with generosity. Both intimacy and generosity lead to candor and accountability

SF: Can you give us some examples?

KF: If you’d like to have better personal relationship with your spouse or boss, lead with generosity. Bring flowers, put out the trash; generosity of spirit and practice. Then they’ll say, “I’ll give this person a shot.” They’ll let guard down. You can deeply connect around mutual vulnerability, which leads to intimacy, which leads to trust and then they’ll tell you more about what they need; it’s a cycle. And it’s the same in the workplace.

SF: How does leading with generosity lead to vulnerability?

KF: I talk with you about my challenges, frustrations, fears, anxieties concerning my 20 year old son and that would connect us.

SF: It would. I’d tell you about my own 20 year old daughter here at Penn!

KF: We can’t connect them, but the act of sharing humanity connects us. Just because it’s purposeful doesn’t mean it’s fake. If it’s real, it’s not fake — if your heart and soul is intentional, sincere. You can connect around service which can accelerate intimacy.

SF: What are some of the major outcomes of these interventions?

KF: At Greenlight Giving I’ve seen a  16 year old girl, the child of a client, who was primarily concerned about getting the “right car” for her birthday who has been changed by the experience of our trip to Guatemala where she sees those who have so much less than she does, who are happy.  She needs to think differently. My own foster children, now my adoptive kids, lied and stole just to make sure they had enough. But the experience in Guatemala changed him so now he gives his own money to help others. And this builds customer loyalty. Through service to customers and service to each other, this builds loyalty. It opens peoples’ hearts and souls to those in need. Release the brain to exercise the muscle of empathy and care.  Grow in relationships and in collaborative potential.

SF: What suggestions do you have for listeners?

KF: Deliver Meals on Wheels. Help at a soup kitchen. Give out MacDonald’s gift certificate with your employees and ask the recipients for their stories; how did they end up needing this help. How’d they get here?  Those are “light” ways. Heavier ways include, for example, working with GM to shift their corporate culture by coaching field reps to build better networks with their dealerships.  We packaged that training to HS kids in bad neighborhoods. Teach and grow.

SF: We learn by teaching others.

KF: This is anecdotal, but those who taught were more deeply connected to the IP (Intellectual Property) on the job. Their scores with the dealerships went up. It’s how to be a better leader through service. When you have to teach others it helps to cement the learning.

SF: What’s the most important thing you’d like to tell our listeners?

KF: To learn and grow one has to experience. We are not a training company, but a coaching and experience company that helps to shift behavior. If you want to be more intimately connected, then service the most destitute to break your heart open. The more service, the more you’ll show up as the kind of person people will want to connect to.

SF: People can be afraid. How can they overcome fears?

KF: With a Sherpa, a guide. It’s totally safe at Meals on Wheels.

Keith Ferrazzi is the best-selling author of Never Eat Alone and Who’s Got Your Back. To learn more about his work, follow him on twitter: @Ferrazzi.

Join Work and Life next Tuesday at 7 pm on Sirius XM Channel 111.  Visit Work and Life for a full schedule of future guests.

 

Thriving at Work — Gretchen Spreitzer

Work and Life is a radio program hosted by Stew Friedman, director of the Wharton Work/Life Integration Project, on Sirius XM’s Channel 111, Business Radio Powered by The Wharton School. Every Tuesday at 7:00 PM EST, Stew speaks with everyday people and the world’s leading experts about creating harmony among work, home, community and the private self (mind, body and spirit).

On Work and Life, Stew Friedman spoke with Gretchen Spreitzer, Professor of Business Administration at the Ross School of Business at the University of Michigan about her research and teaching on thriving at work, part of the Positive Organizational Psychology scholarship.

Stew Friedman: How did you come to studying thriving at work, engaging with the work, and being productive at work?

Gretchen Spreitzer: gretchen spreitzerSeveral colleagues and I were talking about how much we loved our work and how meaningful it was, but also that it’s the type of job that is never ending; there’s always something to be done. We wondered how we could avoid burnout, but still be on the cutting edge. What we’ve found is that people thrive in their work when they feel energized, have vitality, feel alive at work, and feel as though their learning, growing, getting better.

SF: So what’s the impediment to this? Why doesn’t everyone feel energized and alive at work?

GS: People tend to learn from difficult situations; a crisis jolts people out of their complacency.  And it propels people to do better. We took the opposite tact. We wondered What about when there’s no crisis? How can we be pro-active?  How can people pro-actively manage rather than wait for a crisis?  How can we learn to turn on a light bulb to help people get more out of work and life?

SF: So what’s the key?  How can people take control and pro-actively find ways to thrive at home and work?

GS: We designed a study that asked people to report incidents when they are thriving at work and report when they feel they’re thriving outside of work. We found that those two correlated. When I’m thriving at work I’m doing things that create energy, not deplete energy. When they finished their day and went on to other activities, they had energy.

SF: It’s what social psychologists call “positive spillover” from one life domain to another. Feelings from one domain spillover to other domains; it’s not an either/or, it’s not a zero sum game.  It’s possible to have both, indeed it may be likely.

GS: We call it a “virtuous cycle.” It produce more resources rather than using up resources.

SF: Have you found that people in business are open to this idea that they can feel vitality at home and at work, or are they skeptical?

GS: Many people say they want that, but that they have too many other pressures and constraints that prevent them from making changes.

SF:  They feel trapped, they feel as though  they can’t make changes, that they can’t control their circumstances.  What can they do?

GS: With Jane Dutton I’ve written How To Be A Positive Leader: Small Actions, Big ImpactWe encourage people to figure out what small steps they can take to kick start a change in the right direction.

SF: This is similar to the Total Leadership approach I started at Ford Motor Company in the late 1990s.  We asked people to experiment with things that were under their control to create demonstrable and measurable change at work, at home, in the community and for their private self; what I call four way wins. And in doing this weekly radio show I hear the same thing each week from CEOs, practitioners, researchers. So why don’t more people do this?

GS:  We are kindred spirits. My point of view is that we need to look for the psychological pre-conditions that allow people to feel empowered, not the external factors. Self-empowerment includes four things: a sense of meaning or purpose in their job — a personal connection, a sense of competence, self-determination or autonomy, and impact. Being self-empowered is not about whether they are in an empowering situation.  An individual can feel self-empowered by finding ways to have meaning and purpose, for example helping customers or having strong connections at work.

SF: It’s relatively easy for us professors.  We have comparative freedom and resources. What about others?

GS:  Everyone can do this.  Our Center for Positive Organizations has developed a Job Crafting Tool.  It helps you figure out what are the parts of your job where you can still do the core work, but where you can make subtle changes, for instance in how, how frequently, or with whom you do different tasks. For example, how can a cook craft a job so it’s more meaningful, more energizing? What small changes around the edges can be made while still doing the core work? Maybe you can design a presentation on the plate so it’s more creative. The tool takes you through the process to find levers to make small changes even if you have little autonomy.

SF: What’s your advice for leaders in organizations, for managers, for small business owners?  How can they help to create an environment that supports and supports self-empowerment?

GS: If you are a leader you can be proactive, take the initiative, be transparent, minimize incivility in order to enhance high quality connections, provide performance feedback, and play to your own strengths.  If you are striving to be the best you, you are likely to thrive at work and elsewhere.

Gretchen Spreitzer is the Keith E. and Valerie J. Alessi Professor of Business Administration at the Ross School of Business at the University of Michigan.  Her research focuses on employee empowerment and leadership development, particularly within a context of organizational change and decline.  Her most recent research examines how organizations can enable thriving.  This is part of a new movement in the field of organizational behavior, known as Positive Organizational Scholarship (www.bus.umich.edu/positive).   To learn more, go to http://howtobeapositiveleader.com/.

 

Join Work and Life next Tuesday at 7 pm on Sirius XM Channel 111.  Visit Work and Life for a full schedule of future guests.

Walking Away from Wall Street — Sam Polk

Work and Life is a radio program hosted by Stew Friedman, director of the Wharton Work/Life Integration Project, on Sirius XM’s Channel 111, Business Radio Powered by The Wharton School. Every Tuesday at 7:00 PM EST, Stew speaks with everyday people and the world’s leading experts about creating harmony among work, home, community and the private self (mind, body and spirit).

On Work and Life, Stew Friedman spoke with Sam Polk, a former trader for CSFB, the head distressed trader for one of the largest hedge funds in the world who left Wall Street because he wanted to live a more meaningful life, founding Groceryships, a non-profit that helps low-income families struggling with obesity, about what it takes to break addictive habits that keep you from leading the life you want and bringing your heart and soul to your work and career.

Listen to the complete podcast.

Stew Friedman: Sam, I learned about you when you wrote a much-talked about opinion piece in the New York Times For the Love of Money.  You described your evolution for Wall Street hedge fund trader earning $3.6M in bonus money at age 30 (and being disappointed with the small size of the bonus), your confrontation with your addiction, as you called it, to money, and your scary decision to leave this lucrative, but for you, empty and deadening life.  You ultimately founded GroceryShips, a company that feeds the hungry.  The reason I wanted to talk with you is that your story is such a compelling (and extreme) example of someone who was able, through a crucible, to find a way to truly live an integrated life.   Can you share with our listeners your story?

Sam Polk: Sam PolkI went to Wall Street when I was 22 years old, just out of Columbia. I remember going onto the trading floor and everything I wanted in life was right there.  I grew up sort of middle class. My dad read about successful businessmen in the paper every day and being successful was ingrained in me.  When I walked onto the trading floor, I could tell just by looking at the clothes people wore – their haircuts, their suntans (you could tell they played golf) – that I’d never seen people as wealthy as this.  And it was everything I wanted.

After the article I got hundreds of letters from college kids more or less asking me to help them get a job on Wall Street.

SF: But wait, the article was about you leaving Wall Street because you found that it wasn’t meeting your inner needs, though it was more than meeting your financial needs.  And they were asking you to help them get jobs on Wall Street?!

SP: I understand why. They hear that success is all about being rich, powerful or famous and these kids are insecure, they don’t have any of these things.  I was like that at 22 and just graduating. They’re getting strong cultural messages.  I think 3% of our cultural dialogue says “don’t be a money lender” and “money doesn’t bring happiness,” but 97% says “get as much money as you can, as quickly as you can” and Wall Street is the place for that. I feel compassion for these college kids, the culture says you’re important if you start a tech company and make a $1M.

I had a black car waiting for me when I landed, I went to countless World Series games, sat in the 2nd row at the Knicks games whenever I wanted.  It’s a tremendous feeling of power. I was living the life.   Making money feels good.  You come home and show your girlfriend, “look at this, I’m proud of this.”

The college kids want to be Lloyd Blankfein (CEO and Chairman, Goldman Sachs). I was like that.  They feel envy and I did too.  No matter how many millions I made. Trading was the coolest thing in the world. So I understand why these college kids are writing to me wanting to be on Wall Street and hoping I’ll be able to help them get a job there.

SF: So what happened? What changed for you? Why did you give it all up? Was there a moment? An epiphany?

SP: I began to realize that the stuff I was doing every day didn’t matter, even though I was being so well compensated.  There were so many moments including one during the hedge fund crisis.  Other brokers were against any new regulations on the industry, and I said, in a meeting in front of my boss, “but isn’t this better for the system as a whole.” And my boss said, “I can only think about what’s good for our company.”  My dream was to a billionaire; a billionaire was a hero.  The fact that my boss (who was a billionaire) was self-seeking made me realize that there was no end point. I have enough, let me go do what I was meant to do.

Kids wrote saying, “I just want to travel, take care of my family, I just want $6M.” I don’t have that.  And most people don’t.  If you get to $6M, you want $12M.  Money, power and prestige fill that hole.

SF: So, what about that void that you wrote about? You weren’t able to truly bring your whole self to work as a hedge fund trader, but now your personal passions fuel your work.

SP: I was trying to fill this hole inside me, this sense of worthless. The only way I thought I was valuable was Columbia, millions of dollars, a big loft apartment on Bond Street; those things you get when you are on Wall Street. Then I realized the hole is still there. We have this brief life and if you play out the Wall Street story all the way, you get $100M and the world thinks he’s successful.  But he’s spent his whole life getting money and accolades for himself.

SF: So how did you get out?

SP: I had a spiritual teacher, a Native American women, for whom I more grateful than anything I can imagine.  Three weeks into first internship I was dating this girl so out of my league; I was punching outside of my weight class.  She dumped me three weeks in. First love. I didn’t see it coming.  It was a devastating heartbreak. I could barely eat or get out of bed. But I had this internship, and besides this girlfriend, that was the most important thing to me at the time. I needed help. This girlfriend had brought me in to couples counseling with this Native American spiritual teacher who was the only counselor I knew.  I went every week. No Ph.D.  No Ivy League.  No thank you, was what I thought then. She had a completely different perspective from the one on Wall Street which was all about hierarchy, bigger, and more being valuable and important. Wall Street was all about the chase to get the top. And she said, “No, there is no hierarchy.  We are all equally valuable and that the value of the life is in the inner character, not in outside achievements.  It’s about treating people with compassion.”  I thought she was wacko. I wanted to know how can I get over the breakup so I can make money. At the beginning I believe her 10% of the time and I believed in the Wall Street philosophy 90% of the time.  But over 8 years it shifted, little by little until the balance went in the other direction; I believed her philosophy 90% and I believed in Wall Street’s 10%.   It was like in The Matrix, taking a red pill and seeing how the world really is.  On Wall Street people refer to other people by the size of their bank account; he’s a $100Millionaire. Money is the signifier.

SF: So, what happened when you left?

SP: I left when I was 30 and it was the hardest thing I’d ever done until then. (I know other people have it harder in life, but for me, that was the hardest thing I’d done.)

SF: What was the reaction?

SP: I heard, “I’m sorry you’re leaving.  I think y could have made a lot of money”

SF:  A bonus of over $3.5M was not already a lot of money?

SP: I had to give back half that year’s the bonus because I left. I gave up almost $2M to walk away. And I was in contention to be head of trading.  I’d been so focused on making money my whole life.  A lot of people didn’t agree. My Dad didn’t agree.  But I didn’t seek his counsel. There were different cultural values. My Dad was this guy focused on money and on himself and his extra-curriculars and not on me. As a kid I was desperate to impress him. Wall Street and my bosses were my dad. I was trying to impress my boss.

SF: So how’d you go from there to founding GroceryShips? And what is GroceryShips?

SP:GroceryShips is a health program for low income folks struggling with obesity. We go into a community, get applications from families, select 10 families who will receive food scholarships. We provide healthy cooking classes, emotional support groups, education about food, how to read labels, how to manage stress, deal with mental health, talk about childhood trauma if it’s affecting emotional eating. And we provide incentives. For example, if you and your family eat 5 fruits or vegetable a day or lose weight, we provide money for healthy food.  The support for these folks comes not just from GroceryShips but from each other.

SF: How did you come up with this idea?

SP: My family struggled with obesity. Two people in my family had bariatric surgery (stomach stapling). I went in the other direction with wrestling. But food was always in issue in my life. When I walked away from Wall Street one of the things that I was able to see is that in this hierarchy we on Wall Street we step over people as we strive to get to the top.  There’s waste in their backyards, highways in their neighborhoods; these folks are seen as not as valuable to those of us on Wall Street.  I spent my whole life climbing the rungs. And, of course, obesity exists in wealthy communities, but it mostly affects the poor. Groceryships focuses on equality, not hierarchy, and on reciprocity. We focus in people who need help, but we treat them as equals, with total respect. Reciprocity is the structure of the organization.  We’re a non-profit with an extensive nutrition and health curriculum.  We’re expanding into corporate wellness, and using those earnings to pay for low income in surrounding areas.

SF: Why would an organization hire Groceryships for their wellness programing?  What do they get out of it?

SP: if they’re looking for a wellness program, we’ll bring one plus their money will go to low income communities in their surrounding areas.  I believe that people are good and if you are faced with two choices and one has a social good component and it’s good public relations, then it’s an easy choice.  Companies use Groceryships both for corporate wellness and for civic engagement and for P.R.

SF: The changes you’ve made in your work and your life are quite dramatic.  What advice do you have for others?

SP:  First,Wall Street is not evil; it’s just that something was missing in my life. I now haveintegrity in the way of everything works together.  I work just as hard, but all with one thing in mind.   I’m living a life in line with my principles.  My life not perfect.  But there is no dissonance inside me.

When I left most people congratulated me, and said that they wished that they could do the same, but that they couldn’t do it yet. The idea is that they’ll do it as long as they can, to get the most money out of it before they can move on to what they really want to do.

So, I say to others: Respect where you are.  It’s hard to make a change like this.  If graduate from Wharton, for example, you can expect to make more than $400K/year in the next few years and then maybe about $3M or more per year if you go to Wall Street. That’s the straight and narrow, “right” path.  The left side is path you can’t see.  Inside every one of us is the unique compilation, the one path that no one has taken before.  It’s your gift to the world.  You can’t go right way, but you have to go left.  I made one huge trade that combined all my years of training, education and experience and expertise and in one trade I made $5M and I thought that with all these gifts, and talents, and opportunities, I could be doing something else. Take your Goldman Sachs or take a different path.

SF: What is your gift to bring to the world? How can you ask for help?  How can you explore and learn about other paths that will help you lead the life you want?

Sam Polk is the Founder and Executive Director of Groceryships, a former trader for Bank of America and the head distressed trader for one of the largest hedge funds in the world. After eight years on Wall Street, he left because he wanted to live a more meaningful life. He founded Groceryships, a non-profit that helps low-income families struggling with obesity. In January 2014, he published an OpEd about money addiction on the front page of The Sunday Review section of The New York Times. To learn more, go to www.Groceryships.org and follow on Twitter @GroceryShips, and Sam on @SamPolk

Join Work and Life  at 7:00 PM ET on Sirius XM Channel 111. Visit Work and Life for a full schedule of future guests and a roster of past guests.

Culture And Purpose Are Their Own Reward: Tom Gardner, The Motley Fool

Contributor: Liz Stiverson

Work and Life is a two-hour radio program hosted by Stew Friedman, director of the Wharton Work/Life Integration Project, on Sirius XM’s Channel 111, Business Radio Powered by The Wharton School. Every Tuesday at 7 PM EST, Stew speaks with everyday people and the world’s leading experts about creating harmony among work, home, community and the private self (mind, body and spirit).

On Work and Life, Stew Friedman spoke with Tom Gardner about the qualities that make great corporate culture and the rewards top performers really care about. Gardner is the co-founder and CEO of The Motley Fool, a financial services company designed to “educate, amuse, and enrich,” which was recently named by Glassdoor the #1 best place to work among United States companies with 250-1,000 employees.

The following are edited excerpts of their conversation.

Stew Friedman: Starting from the beginning – the founding idea – what’s the secret sauce to Motley Fool that makes it the best place to work?

Tom Gardner: Tom GardnerMy older brother and I founded The Motley Fool in 1993. It was the result of our father’s teaching us how to invest in stocks as kids and teenagers – we were really taught that investing is a game. We weren’t taught Greek alphanumerics or obscure terminology.  We weren’t even taught that much about risk. We were taught how to follow companies we loved, how to learn a little more about them, how to recognize that corporations aren’t a monolithic structure on the edge of town that you could never really know about.  They’re run by every-day people around you in society who are making good or poor choices, which lead to results for shareholders and employees. We saw a human face to business at an early age, and that has had an impact on all that we’ve worked on since.

SF: You’ve said that the two main success factors for any company are the commitment of its founder and CEO and its culture. What do you think a great work culture is?

TG: I think a great work culture requires that the organization genuinely cares about every individual working there. That gets harder as the company scales, but there are certainly unbelievably great companies that have succeeded in maintaining culture as they scaled, and I’ve learned so much from studying those companies. I would cite as an example the Brazilian company Semco, which has 3,000 employees and less than 1% turnover. Ricardo Semler, the founder of Semco, wrote Maverick: The Success Story Behind the World’s Most Unusual Workplace almost 20 years ago, and a few years ago, he wrote a follow-up called The Seven Day Weekend: Changing the Way Work Works. Among the principles in that book, that seemed preposterous but that we are experimenting with, with some very serious early success, is the idea that every day is Saturday.  We say to employees, “Today is Saturday. What do you want to do today?” If you tried to do that in a single day with an entire organization, it would be a revolution that would lead to chaos, so we are gradually introducing that concept over time, starting with the highest performers, and starting with more specific questions like, “How much flexibility do you want to have? Is it important to you to be in the office from nine to five every day, or would you like to alter your hours? Redefine your role – what is your ideal job description?” When the highest performers get that kind of freedom, everyone else starts to see it and think, “That looks great. I’d like to get that too.  I want to be a high performer as well.” Through performance, teams gain more freedom and flexibility, more opportunities and challenges, and more financial rewards. Financial rewards in most companies are the first reward offered with the assumption that the highest performers would like to be paid a lot more money. The reality is that the highest performers would like more challenges, more purposeful work, a freer work schedule, and more opportunities to define their own jobs.

SF: How did you implement that idea?

TG: We started with our highest performer for the longest time – Max, who had worked at the Motley Fool for 15 years and has done great work. We said, “Max, how do you want to work? You tell us. Take the week off and outline your job description – everything from the work hours you’d like, to where you’d like to be working, to the challenges you’d like to take on.” Some people can readily do that, and others need to be coached through how to think about it. I think the longer term your high performer is, the easier it is for them to define their role.  They’ve been with the company for a long time and they understand the business’ purpose and strategy. In many cases, the modifications they offer are just tweaks. They’ll say things like, “Could I have one three-day weekend every month, just to have some family time?” We often respond, “Why don’t you take two?” Because if you’re already performing at an elite level, we don’t have to baby-sit you in the workplace. As we move down and across the entire organization with that approach, we’ve found significantly enhanced results across all of our metrics and all of our stakeholders.

SF: What are the metrics that tell you this is an idea that works? And what happens when you get to the people who are at the lower end of both tenure and relative performance?

TG: In terms of tracking, some of that data comes from 360-degree feedback, some comes from measurable goals outlined in job descriptions, and some comes from an intangible connection to the overall results of the business. And as we move to lower performance zones, we’re coaching individuals about what it means to be a high performer, with increasing amounts of evidence from other high performers at the company.  

SF: How do you share what excellence looks like in a Motley Fool-ish way, speaking the truth without making anyone feel uncomfortable?

TG: In general, we find – and the Stanford Graduate School of Business’ Advisory Council reached the same conclusion, which affirmed this view – that a leading quality of great performers and great leaders is self-awareness. Our highest performers are pretty consistently able to say something that might sound like, “I have a lot of ideas, and I love working with people, but I’m not very organized and I don’t plan well.” Or, “I have a lot of ideas and I’m great at testing, but I don’t scale things very well, and I like to work on my own – I’m not great in teams.” They know what they’re good at and they know what they’re not good at. By establishing that, anchoring them on their strengths and pairing them with people in teams who complement those strengths you create a safe environment for someone who may not be performing at a high enough level. In cases where we’ve had performance issues, it has often come because someone feels very strongly that they have a talent which they have in fact mis-assessed, and their work doesn’t express what they think it does. Working with those people to see where their core competency really is and how to apply it on their team, we often end up switching their roles. It is true that there are some limited circumstances where someone we hire just doesn’t work out, but we’ve found that moving people into different roles can unlock interests and capabilities that didn’t show up in their first job as a Motley Fool-er.

SF: How does the social mission of Motley Fool – “helping the world invest better” – affect the motivation of employees and, more importantly, their lives beyond work?

TG:  Here is a ranked order of the rewards The Motley Fool promises to every employee: 1. A salary that allows you to live in the area of our offices with reasonable comfort. 2. Purposeful work, and a company purpose you can believe in. 3. Challenges every day, week, and month that are exciting, interesting, and that you look forward to. 4. The people you work with, you love. 5. The flexibility to do your best work on your own terms. 6. Financial upside. Wall Street moves financial upside to the top of the list – we believe, as Steve Kerr and Dan Pink have written about, that financial upside is important enough to be in the top six rewards, but it’s near the bottom of those six. You asked about purpose:  Everyone who works at The Motley Fool is connected to our purpose and accepts it as a reward for working here. A primary criticism I have in reviewing a company is a purpose that’s not fundamentally true to what they produce or do. If I’m looking at a fast food company, I want to know that the CEO is eating there most days. The simple check on whether we’re helping the world invest better is that we know our friends and families are subscribing and investing on the basis of our ideas, and we as employees invest based on our own ideas. We definitely have an eat-your-own-cooking, skin-in-the-game mentality.

Tom Gardner is the co-author of several books on investing, including The Motley Fool Million Dollar Portfolio: How to Build and Grow a Panic-Proof Investment Portfolio. Hear more from him on Twitter @TomGardnerFool.

Join Work and Life next Tuesday at 7 pm on Sirius XM Channel 111.  Visit Work and Life for a full schedule of future guests.

About the Author

Liz Stiverson Liz Stiversonreceived her MBA from The Wharton School in 2014.

 

Claiming Your “Onlyness” – Nilofer Merchant

Contributor: Alice Liu

Work and Life is a two-hour radio program hosted by Stew Friedman, director of the Wharton Work/Life Integration Project, on Sirius XM’s Channel 111, Business Radio Powered by The Wharton School. Every Tuesday from 7 to 9 PM EST, Stew speaks with everyday people and the world’s leading experts about creating harmony among work, home, community and the private self (mind, body and spirit).

On Work and Life, Stew Friedman spoke with Nilofer Merchant, an educator and sought-after speaker known as “Jane Bond of Innovation,” for her distinctive ability to solve impossible problems, about the topic of her new book – “onlyness” – what you alone bring to work. Merchant discusses the importance of “onlyness,” how to own and claim it, and how it is a vital driver of growth in our modern ideas economy.

The following are edited excerpts of their conversation.

Stew Friedman: What does “onlyness” mean? Could you define the term for us?

Nilofer Merchant: Nilofer MerchantI was writing an economics, business book, and I was trying to describe how the way we create value has changed, and I was trying to say “that thing that only you do.” I was twiddling with words like “uniqueness” and “distinctive,” but none of them told the full story, so I said let’s make up a word. It refers to that spot in the world that only you are standing in. It’s such a distinctive point of view. It’s your creative source. It’s the perspective that allows you to challenge convention. It is that idea that only you have.

SF: What is it about work that denies onlyness, and why is onlyness so essential to our economic vitality?

NM: People were cogs in a machine and meant to be disposable because that’s largely what the economic capitalists were about. It didn’t matter how unbelievably talented you were or the set of ideas you had. But nowadays we are working in an ideas economy – sometimes called the connected economy or the social economy. The reason you have the idea that you have is a function of your history, experiences and vision. A woman wrote me a lovely email today, and she said, “Until I listened to my own voice for what I knew was right for my daughter instead of just following along, thinking the doctors must know what’s right, I didn’t the right thing.” Think about what she’s saying. She’s saying the doctor used to be the expert, but he’s not an expert on her child. I think that’s going to be the lesson of the next 20 to 50 years. It’s recognizing that each of us has a wisdom, and we have to bring that to the table. We’ll realize how much untapped opportunity there is when people do that.

SF: It’s something I see with students and with clients; a keen desire to be more confident, competent and courageous enough to express that which is uniquely “me.” In your work and in the book that you’re writing, what is it that you offer in terms of ideas for action for people to celebrate their “onlyness?”

NM: You first you have to decide that you’re okay just as you are and that no matter how other people define you or label you, it doesn’t change who you are.

SF: Is that part of what you’re writing about in your new book.

NM: I want to help people think about how to own and claim their onlyness. How do you find the people who are more like you? How do you use that onlyness to make a dent in the world?

Merchant is the author of two books on collaborative work, The New How and 11 Rules for Creating Value in the #SocialEra. She was recently awarded by Thinkers50 the designation of “Future Thinker” – the person most likely to influence the future of management in both theory and practice.  To learn more about her work, visit her website or follow her on twitter.

Join Work and Life next Tuesday, July 1 at 7:00 PM Eastern on Sirius XM Channel 111 for conversations with Sarah Kagan and Michael Rashad.  Visit Work and Life for a full schedule of future guests.

About the Author

Alice Liu Alice Liustudied Management at The Wharton School and English (Creative Writing) at the College of Arts & Sciences. She graduated in 2014.

Mission Driven! Neil Blumenthal, Warby Parker

Contributor: Liz Stiverson

Work and Life is a radio program hosted by Stew Friedman, director of the Wharton Work/Life Integration Project, on Sirius XM’s Channel 111, Business Radio Powered by The Wharton School. Every Tuesday from 7:00 PM EST, Stew speaks with everyday people and the world’s leading experts about creating harmony among work, home, community and the private self (mind, body and spirit).

On Work and Life, Stew Friedman spoke with Neil Blumenthal, co-founder and co-CEO of Warby Parker, an industry-disrupting lifestyle brand that offers designer eyewear at low prices and ties every purchase to the donation of a pair of glasses to someone in need. Blumenthal, a Wharton alumnus, discussed the genesis of Warby Parker and why a mission employees can believe in is critical to a company’s success.

The following are edited excerpts of their conversation.

Stew Friedman: What was the motivating idea for Warby Parker, and how did you bring it to life?

Neil Blumenthal: Neil BlumenthalThe idea behind Warby Parker was that glasses are too expensive.  Jeff, Andy, Dave and I had just started our MBAs and were sitting in a computer lab at Wharton, complaining about how expensive glasses are after Dave lost his $700 glasses in the seat pocket of an airplane right before school started. We thought, “Could we do something about this?” Andy had a great idea to sell glasses online; we had seen category after category move online, from Blue Nile selling engagement rings to Zappos selling shoes. And before business school, I had trained low-income women to start their own businesses selling glasses in the developing world with Vision Spring, so I knew a little about the industry. I knew we could design our own frames and manufacture them ourselves. Selling online gave us the ability to go direct to consumer, so we could sell glasses for $95, below wholesale prices, instead of $500, because we could bypass the middleman.

SF: You also had the idea to tie each purchase to a donation, which became a very important aspect of your model.

NB: What ultimately excited us about this idea was the do-good factor – the fact that we were going to sell $500 glasses for $95 and therefore transfer billions of dollars from large, multinational corporations to normal people. This was going to be a job where we woke up in the morning and instead of turning over and hitting the snooze button, we would be excited to come to work. We built the company with that mindset, and it was with that mindset that we realized that there are seven million people on the planet who don’t have access to glasses. Even at a $95 price point, we could afford to give away a pair for every pair we sell.

Like many people, we were motivated to have a positive impact on the world, and the question was just what the best way to do that would be. We could volunteer for a couple hours a week on weekends, or we could spend 40, 60, maybe 80 hours a week – everything we do, all our time – having a positive impact. I believe the most effective use of my time is to use my specific tools and skills – general management, user experience, customer service, financial acumen – to have the biggest positive impact I can.

SF: Your idea is one that is certainly held by most people of your generation and the generation following you.  You must get tons of people wanting to work for you. So why aren’t more companies taking your approach?

NB: I think they’re starting to. Certainly the vast majority of new start-ups have baked values- and mission-thinking into their DNA, and I think a lot of Fortune 1000 companies are waking up to the fact that they need to be doing the same. That’s not to say that Fortune 1000 companies weren’t founded to do great in the world – I think most businesses inherently do good in the world. But I think as a company gets bigger, scales, and goes public, it’s easy to start focusing more on optimization rather than on growth or solving problems. And when you’re optimizing and trying to maximize profit at all costs, thinking more for the short term than the long term, you can lose sight of having a positive impact.

SF: What do you and your colleagues at Warby Parker do to be sure you don’t lose sight of what’s important?

NB: We try to incorporate our stakeholders in every decision we make. When I say stakeholders, I’m referring to our customers, our employees, the environment, and the community at large. For example, from day one, we offered free shipping and free returns to our customers. We thought that’s what customers wanted, it’s what the four of us as consumers wanted, and we thought it was fair and appropriate, so we decided to we would find a way to make it work financially. For our employees, research has shown that people leave their jobs because they’ve stopped learning or they don’t like their boss. So we do quarterly 360-degree reviews, monthly informal feedback sessions, workshops, and outside speaker sessions, to build great managers and provide plenty of learning opportunities.

SF: How can the idea of incorporating stakeholders to shape corporate culture in ways that influence the world be replicated in other settings, especially those where the traditional model has held sway for so long?

NB: The first step for individuals could be doing their own jobs with a stakeholder mindset. In situations where you do have decision-making authority, how do you think about the impact of your decisions on the environment and the broader community? Another step is to become an advocate within your organization, and explain things in mission-driven terms. We believe that every company and organization is dependent on talent, and in order to win the talent war, we believe we have to be mission-driven. To be customer-first, you have to be employee-first, and to be employee-first, you have to be mission-first.

SF: Can you explain that connection?

NB: A recent World Economic Forum Study showed that 80% of Millennials put mission ahead of compensation when deciding where to apply for jobs, and it was a global phenomenon, not unique to the U.S. We’ve hired over 350 people in the last three and a half years; my co-founder and I have interviewed every one of them, and our social mission always comes up. When we ask, “Why do you want to work here?” they say, “I love the brand, I love the buy-a-pair, give-a-pair program, I love the idea of a disruptive company trying to do good in the world – I want to be part of that.” Our mission – to demonstrate to the world that you can build a scalable, profitable business that does good in the world without charging a premium for it – helps us recruit and retain the best people, and we think that’s only going to accelerate in the future.

Blumenthal is one of Fast Company’s 100 Most Creative People in Business, an Ernst & Young Entrepreneur of the Year, and one of the World Economic Forum’s Young Global Leaders. Hear more from him on Twitter @NeilBlumenthal.

Join Work and Life next Tuesday, June 24 at 7 pm on Sirius XM Channel 111 for conversations with Cary Cooper and Steven Klasko (WG’ 96). Visit Work and Life for a full schedule of future guests.

About the Author

Liz StiversonLiz Stiverson received her MBA from The Wharton School in 2014.

Give People Freedom and They Will Amaze You: Prasad Setty

Contributor: Liz Stiverson

Work and Life is a two-hour radio program hosted by Stew Friedman, director of the Wharton Work/Life Integration Project, on Sirius XM’s Channel 111, Business Radio Powered by The Wharton School. Every Tuesday from 7 to 9 PM EST, Stew speaks with everyday people and the world’s leading experts about creating harmony among work, home, community and the private self (mind, body and spirit).

On Work and Life, Stew Friedman spoke with Prasad Setty, Vice President of People Analytics and Compensation at Google – Fortune Magazine’s number-one company to work for – about how Google uses rigorous data to make hiring, promotion, and development decisions that keep Googlers the happiest they can be – and working for Google for as long as possible.

The following are edited excerpts from their conversation.

Stew Friedman: What exactly is “people analytics,” as a field?

Prasad Setty:Prasad Setty Broadly, our mandate is to make sure that all the people decisions we make at Google are based on good data and information. An organization our size makes thousands of people decisions every year – who we should hire, who we should promote, how we should pay people. In a lot of cases, it seems like those decisions are based on emotions, instinct, or perhaps politics; we want to try and make them more rigorous. At Google we are all about innovation and we believe that innovation comes from the smart, talented Googlers we hire. Therefore, we think that people decisions are no less important than any other business or product decisions we make so we want to base those decisions on data.

SF: Do your colleagues on the executive team at Google agree with this view?

PS: They actually do. Right from the beginning, that’s been something I’ve been really happy about. Even before I joined Google, there has always been a perception that we need the best talent, and we need to keep them happy.

SF: What have been some of the really important things you’ve learned from your scientific inquiry in people analytics research that you’ve converted into practice at Google?

PS: I’ll give you one example that’s worked out really well for us. It’s an effort we internally call Project Oxygen, and it’s about people management. We felt there was a perception, especially among our software engineers, who pride themselves on having very creative, independent careers, that people managers are bureaucrats who stand in your way. Very early on, before I joined, Google ran an experiment where they removed all the middle layers of management, so all 500 engineers working at the time reported to the head of Engineering. It was a short-lived experiment because the head of Engineering got very busy. But the sentiment about bureaucracy persisted.

A few years later, our team started to look at the question of whether people managers matter at an organization like Google. Using a lot of data, including surveys of people who worked for managers about their managers’ performance, we found there were differences. There were some managers who were able to make their teams more productive and reduce attrition, and other managers who weren’t. We wanted to know whether this was a matter of random chance, or whether these apparently great managers were actually doing something consistent, specific, and thoughtful. So we ran a double-blind study to see if we could figure out what differentiated effective managers from ineffective ones. From that study, we were able to codify eight behaviors we saw great managers doing and poor managers not doing – those are the Oxygen attributes.

The attributes fall into two broad categories. Half of them are about whether the manager helps the team drive business results – Do they set goals? Do they share information? Do they make sure their employees get the resources required to complete tasks? The other half is about how well they treat each person as an individual – Do they act as a good coach? Do they help with career development? My team developed an upward feedback survey which is being sent to every Googler twice a year to enable them to review their managers on these eight attributes, and each manager then receives a consolidated report on what they do well and where they can improve. The next step is what made this really interesting for our organization. People Development, Google’s internal training and development group, took these behaviors and built custom programs for managers to improve on each attribute.

SF: So the feedback is connected to behavioral interventions and training that can help?

PS: That’s exactly right. We track whether managers sign up for the classes, and six months later, we’re able to see if the classes have had any impact. We’re constantly getting feedback, trying to make our development programs better, and trying to help our managers improve, and we’re really happy with the results. On average, Google managers’ scores have increased 5-10 points over the last several years. But more importantly, the scores of the bottom ten percent of managers have gone up an average of 20 points.

SF: What is it about Google that it is fundamentally different from other companies with respect to how work and life fit together for your people?

PS: We want people who are amazingly capable and talented, and we want to keep them happy – we want them to be healthy and have long, sustainable careers here. In our annual employee surveys, we regularly measure this notion of well-being. How satisfied are Googlers, and what are the things that might affect their overall well-being? How can we improve those things? We find there are many dimensions to well-being – employees’ ability to handle stress and their workloads, flexibility in arrangements around where and when they work – and we look at all of those areas. We also look at how people managers support the efforts of employees, and that feedback is very important to managers. When we started making reports available to individual managers, we gave them the option to share their scores with their teams. Many managers came back to us and said, “What I’m missing is a button that will allow me to share it with everyone at Google.”

SF: That’s certainly consistent with Google’s philosophy of sharing information, right?

PS: That’s exactly right – we try to live that internally as well. Transparency is one of our core cultural values, and generally, we think that if we give people freedom, they will amaze us. That means we need to give them lots of information so they can make good decisions.

SF: What’s on the horizon for you as you think about the next big project for people analytics at Google? What are you working on that could be applied to other organizations?

PS: We are working on a 100-year survey we call gDNA – Google DNA – which will track several thousand Googlers over the course of their entire careers to understand how careers evolve and what role work plays. We hope it will help us uncover deeper connections between what work and life means. Broadly, we want to track people’s life happiness and what work contributes to that life happiness as they progress in their careers.

SF: Do you have any theories as to what will be the key drivers of life happiness?

PS: At this point, we are looking at certain personality traits for some of the nature-versus-nurture differentiations. Then, we want to look at how careers evolve – some people have very high career trajectories – is that something that’s conducive to more life happiness? Other people slow down at some stage in their life and have other priorities that make work secondary – does that kind of optimization result in greater overall life happiness when they look back decades later? I hope that as an organization, we are able to adapt and make Google conducive for employees to best lead their lives. That’s the commitment we’d like to make to Googlers – we want Google to be the kind of place where you come in, have impact that shapes the world and hopefully live longer because you worked here. We think that would be the best employee value proposition we could ever offer.

Prasad Setty describes himself as first and foremost a numbers guy; he started his career in management consulting and discovered his interest in connecting data and people topics at Capital One before joining Google in 2007. Google’s vanguard approaches to people management are profiled often, including studies of Project Oxygen and a recent blog by Laszlo Block, Google’s SVP of People Operations, on the implications of gDNA.

Join Work and Life on Tuesday, June 3 at 7:00 PM EDT on Sirius XM Channel 111 for conversations with Shannon Schuyler, on the payoff for socially responsible action, and with Liza Mundy, of whom we ask these questions – Who are the breadwinners? Who are the caregivers?  And why does it matter?  Visit Work and Life for our full schedule of future guests.

About the Author

Liz StiversonLiz Stiverson received her MBA from The Wharton School in 2014.

Youngest Woman CEO Pursues Four-Way Wins — Julie Smolyansky

Contributor: Alice Liu

Work and Life is a two-hour radio program hosted by Stew Friedman, director of the Wharton Work/Life Integration Project, on Sirius XM’s Channel 111, Business Radio Powered by The Wharton School. Every Tuesday from 7 to 9 PM EST, Stew speaks with everyday people and the world’s leading experts about creating harmony among work, home, community and the private self (mind, body and spirit).

On Work and Life, Stew Friedman spoke with Julie Smolyansky, President and CEO of Lifeway Foods. Smolyansky became the youngest female CEO of a publicly held firm at the age of 27. She spoke about how she became CEO of Lifeway Foods and how she implements Total Leadership concepts to integrate the different parts of her life.

The following are edited excerpts of their conversation:

Stew Friedman: Tell us the story of how you became the CEO of Lifeway Foods at such a young age.

Julie Smolyansky: Julie SmolyanskyMy family immigrated to America from the former Soviet Union in 1976. We were refugees and settled in Chicago. Through their entrepreneurial spirit, my parents founded a Russian food deli that eventually led to Lifeway Foods. They took the company public in 1988. For them, there was no work-life balance. I think it’s a nice luxury to be able to talk about it when you have all the resources and networks like we do now, but for an immigrant family it’s a little bit of a different conversation. My dad worked seven days a week. There were times when I really didn’t see him for months on end, because I’d go to sleep and he’d still be working, and I’d wake up and he’d already left for work. I saw my parents sacrifice quite a bit.

After I graduated college, I was in graduate school planning on being a psychologist. I had a bad experience in the field, so I asked my dad serendipitously for a part-time position in the company so I could finish grad school and reevaluate what I wanted to do. I saw how he was empowering people. I fell love with what he was doing. I left grad school after the first year and came to work for him full time in 1998. After all the years that I hadn’t seen him, I was reintroduced to my father as an adult, and it was really wonderful to establish a relationship with him.

Unfortunately on June 9, 2002 my father died of a sudden heart attack. It was a really traumatic experience for me. Not only was I mourning the loss of my father, the company at that point was earning about $12 million in annual revenue. We had about 70 employees and nationwide distribution. I knew that this was my father’s complete passion and everything that he had spent his life working for. I made a promise to him that I would do everything in my power to make sure that Lifeway not only succeeded, but that it thrived. The day that we learned my father had passed away, a handful of his friends were standing around in a circle within my earshot saying, “Sell your stock. This company is done. There’s no way that a girl can run this company.” That really pissed me off, to be honest, and it still fuels me every day.

SF: Earlier in the show I shared a story about how Daniel Murphy, the second baseman of the New York Mets, faced a great deal of criticism for taking paternity leave for the first few days of the season while his wife gave birth to their first child.  What are your thoughts on this?

JS: We need to redefine what it means to be man in society. I think we need to raise boys to be empathetic so that they can be good partners and so that we have a balanced, fair society. When a father and a son are throwing around a baseball in the front yard, and you hear the father say, “Hey, you’re throwing like a girl,” what message is that sending to the boy, and what message is that sending to the girl next to him? When I had my babies, my husband was with me the entire time that I was in the hospital, and he really bonded. He not only was with me through that, but he left his family business to raise our children full-time so that I could continue to scale everything that I’m doing. I think it’s great that moms and dads and other kids see him in the hallways as much as they see me in the hallways at school.

SF: How did the change in the definition of your husband’s role change your family and your business?

JS: We had to make the decision of whose career we would propel forward, and we were at a point when Lifeway was really exploding, and he said, “You’re really good at what you’re doing. Keep doing that.” I have daughters, and we both thought it would be a really good thing for them to see this change in role models. The fact of the matter is that, like myself, he also missed his parents growing up when they were building their business. He said it’s been the joy of his life to be able to raise our daughters and be there for them. Again, when we talk about redefining what it means to be a man, he is living proof of that.

SF: What are some of the most useful strategies that you’ve discovered as the CEO of your company for how you can be truly effective in the different parts of your life given the pressures that you face?

JS: One of the greatest things I did was read your book Total Leadership, and I spent a day and a half with you five years ago when we were starting our family. One thing that really hit home for me was the idea that we should not be striving for “work-life balance” per se, but that instead, we have to integrate our careers, our selves, our families, and our communities into one overlapping circle. I’m not perfect at it, but I think about it a lot. I sometimes get three out of four integrated, and I’m happy with that.

SF: What are some of the things that you do?

JS: For example, it’s important for me to be fit and healthy. I’m a better leader when I’m able to run, so I run marathons. Not only do I run marathons, but I also talk about them in my work, and I try to lead by inspiring my team to take the time to invest in their own health. I also raise money for an organization called Every Mother Counts, which advocates for better maternal health. I integrated that messaging throughout the company in a campaign where we donated money to the foundation every time a customer bought a bottle of our Kefir. I did all of that in the workplace, and I was also running with the stroller. That was my time to share with my kids and show them the importance of exercise. Through running, I’m working and raising awareness on the campaign we’re building at Lifeway, and I’m working on my own health and myself.

SF: That’s what I call a four-way win. You’re hitting on all cylinders. You’re making things better for yourself, your family, your community, and your business all at once.

Smolyansky candidly discusses her viewpoints on paternity leave, the role her husband plays at home, and her strategies for integrating work and life as a female CEO. She also speaks about how discussing work-life integration is a luxury her parents never had as they tried to build their business when they first immigrated to America. Do you, your parents, or someone you know have an experience similar to Smolyansky’s parents, or do you think work-life integration is a “luxury” accessible to only relatively wealthier families? How do you think first-generation immigrants can achieve work-life integration amidst the sacrifices they must make to establish a life for their families in a new country? Join us in the comments section with your thoughts and experiences.

Join Work and Life next Tuesday, May 6 at 7 pm on Sirius XM Channel 111 for conversations with Peter McGraw about the role of humor at work and with Cali Yost whether telework is a concept that can work. Visit Work and Life for a full schedule of future guests.

ABOUT THE AUTHOR

Alice LiuAlice Liu is an undergraduate senior studying Management at The Wharton School and English (Creative Writing) at the College of Arts & Sciences. 

Engage Your Personal Passions For Social Good

Contributor: Liz Stiverson

Work and Life is a two-hour radio program hosted by Stew Friedman, director of the Wharton Work/Life Integration Project, on Sirius XM’s Channel 111, Business Radio Powered by The Wharton School. Every Tuesday from 7 to 9 PM EST, Stew speaks with everyday people and the world’s leading experts about creating harmony among work, home, community and the private self (mind, body and spirit).

In the first hour of Work and Life on February 25, Stew Friedman spoke with Deika Morrison about finding the intersection between personal passions, social good, and business success. Morrison is a former Senator and Deputy Minister of Finance in Jamaica, her home country; she co-founded and now manages MDK Advisory & Consulting, a media and publishing company Moonstone Blue, and a non-profit Do Good Jamaica.

Following are edited excerpts of their conversation.

Stew Friedman: Tell us what inspired you to found Do Good Jamaica and to start the Crayons Count project to serve children in Jamaica.

Deika Morrison: DeikaThe inspiration for Do Good Jamaica started with a book drive. There’s a very big problem with our education system in Jamaica. Although we have a national library system that serves every community through branch libraries and mobile libraries, and there are reading programs for children, they didn’t have enough of the proper books. I thought, “Jamaicans love to break records – with Usain Bolt and Shelly-Ann Fraser-Pryce, we have the fastest man and the fastest woman in the world – so if I say, ‘Let’s break a Guinness record,’ I’ll get tons of books.” It worked – the world record was 242,624 books raised in seven days; we smashed that in the first day, and ended up with 657,061books in seven days. I was so inspired by the hundreds of organizations and hundreds of thousands of individuals that participated. It was fascinating to see how everyone could focus on a single goal and get somewhere.

Later, I wrote a children’s book, and my publisher at the time said, “You have to change this part of the book because most children in Jamaica don’t have crayons.” It turned out there were lots of things children in pre-school – which we call basic school in Jamaica – did not have. If they don’t have those materials – crayons among many other things – they are developmentally behind. I thought that was crazy, and said, “We just got 657,000 books – how hard can it be to ask for some crayons?” So for the last two years, we have sent a box of materials to every one of Jamaica’s 2600 preschools with 14 categories of recommended, developmental tools – crayons, books, play dough, puzzles, blocks, glue sticks, paint, paint brushes, paper, puppets, all sorts of things. We have also had an advocacy partnership with The Gleaner and a teaching training partnership with the US Embassy in Jamaica. We have a “learning lorry” – a renovated truck – that we use as a mobile classroom to train 60 -72 teachers each week. We break down the curriculum into plain English and encourage teachers to think about how to use the learning tools we’ve provided in order to meet curriculum objectives. I’m now working on a pilot project with 50 preschools to ramp up support even more, to include more teaching training, administrator training, materials, nutrition and health, everything.

SF: Have you had to ask people for help?

DM: Of course! I’ve had amazing friends and colleagues, and everybody felt empowered. Every single person involved is important to me. For the Guinness World Record book drive, if you give one book, you’re the difference between 657,060 and 657,061 books.

SF: You helped people see how they were contributing to a greater good, and that is the essence of what leadership is about. It’s a remarkable story. How has this affected your business life?

DM: My business life has gone very well because of it. I live in a small country, where the people you’re working with in the book drive are the same people you’re doing business with in the private sector. This is true of small communities everywhere in the world. We have shared interests, so there are people I do business with now whom I met through one of my many activities doing something for children. And I didn’t do it through “networking” the way networking is taught. I was trying to solve a problem, and in doing that, I included others and asked for their help. Out of that I’ve made a lot of friendships and business relationships. It’s just like people who play sports together. I love golf, and I know a lot of deals are cut on the golf course. I would encourage anybody who wants to do well in their business life to do other things, too, because it works.

SF: What advice would you have for people who want to make social action more a part of their lives?

DM: One of the things that really stayed with me about Total Leadership is that you can’t try to be four different people in your work, home, community, and self. You need to be one person for whom everything is interrelated. People look at my life and think I’m doing 100,000 things, and yes, I’m doing 100,000 things, but they actually all relate to each other in some way. I’m passionate about children. I’m also very passionate about Jamaica and about living in a country that’s becoming a better place. I would say the highlight of my time as a senator was working on education and legislation to protect children. It’s very important to me to try to make my worlds collide in that way. What I do with Jamaica is related to the children because the children are in Jamaica. My media company, Moonstone Blue, currently promotes Red Stripe (a famous Jamaican beer), Usain Bolt, and Bob Marley – those individuals were once Jamaican children. If you invest in them early, who knows who’s going to make the next Red Stripe?

If I were giving advice to others, I would tell people to start with themselves. Sit down and really reflect on what makes you happy, what is important to you, what gets you going. Suppose your passion is elderly people – you can say, “Who is in my family?” Start there, at home. Then take the experiences that worked at home to the local community center, and help some people there. It starts with what is important to you.

Deika Morrison holds undergraduate degrees in Environmental Systems and Finance from The University of Pennsylvania and The Wharton School, a Master’s degree in Engineering from Harvard, and an MBA from The Wharton School.  Follow her on Twitter @deikamorrison and on Do Good Jamaica’s blog.

Join Work and Life next Tuesday, March 11 at 7 pm on Sirius XM Channel 111 for conversations with Alyssa Friede Westring and Ashley Milne-Tyte about how young professionals manage multiple roles in work and life, and how women navigate the workplace for success. Visit Work and Life for a full schedule of future guests.

About the Author

Liz StiversonLiz Stiverson is a 2014 MBA candidate at The Wharton School. 

“Encore” Careers with a Lasting Impact

Contributor: Morgan Motzel

Work and Life is a two-hour radio program hosted by Stew Friedman, director of the Wharton Work/Life Integration Project, on Sirius XM’s Channel 111, Business Radio Powered by Wharton. Every Tuesday from 7 pm to 9 pm EST, Stew speaks with everyday people and the world’s leading experts about creating harmony among work, home, community, and the private self (mind, body, and spirit).

On Work and Life, Erin Owen, executive coach at Wharton, sat in as guest host for Stew Friedman and spoke with Marci Alboher, journalist/author/speaker and Vice-President of Encore.org.  Alboher discusses purpose in life’s second half – what we know now and what we can do to move forward.

The following are edited excerpts of Owen’s conversation with Alboher.

Erin Owen: Let’s give our listeners some foundation for our conversation. Tell us a little bit about Encore.org, what it is, and how it works.

Marci AlboherMarci Alboher: Encore.org is a non-profit organization spearheading the new movement of later-in-life work that combines social purpose with continued income and personal meaning. We help people who want to use the later part of their careers to make a difference in their communities and in the world. People are hitting mid-life and saying, “life is short, I want to make sure that what I do matters and that what I do contributes to the world”. At Encore, we do a lot of programs about second careers with meaning.

EO: You’ve coined the term “slashes” – give our listeners a little background on what “slashes” are and who “slashers” are.

MA: Years ago, I started noticing that it became a very trendy thing to define yourself with a lot of different “slashes.” It was happening within all strata of society. For example, celebrities like Angelina Jolie began identifying as an actress-slash-activist. We are seeing people take their passions and weave them in to these kinds of composite identities. It used to be that having multiple jobs was the purview of the very rich, who could easily move in many circles, or the working class, cash-strapped people who had to hold additional jobs as moonlighters. What’s changed is that big swaths of our society are now working in this way, and it’s happening for so many reasons. The modern world of work has involved so much free-agency, so much consultancy, so much “solo-preneuring,” that many people are taking their passions, their interests, and the causes that matter to them and figuring out ways to make very big commitments to multiple things at once. That’s where the slash idea comes from.

EO: Is that confusing for employers to see somebody like you – a lawyer/author/journalist/speaker? How would I fit you in my categories or my ideas of where you might fit in my organization?

MA: Yes, it can be confusing. When you say “fit” in an organization, I think you’re talking about a very specific issue that comes up with people who have multiple identities. If you’re looking for a traditional job, you’re really going to have to focus on the identity that fits in that situation instead of emphasizing your other identities that are irrelevant to the position. It may be that once you’re in the job, you find ways that your other identities enhance your ability to do your work. Alternatively, you may find that your other identities present ethical issues or conflicts of interests that you will have to navigate around. This is an area about which you really need to think carefully if you do choose to do multiple things. In many cases, people who do multiple things are self-employed and tend to have to worry less about those issues.

EO: So in a traditional job search situation you may need to have more than one resume customized to each of your slashes.

MA: Right, but if you have a job and you have a non-profit that you’ve founded or you’re involved on a Board for a cause you really care about, those things often really enhance your profile at work. You can find ways to involve your company in a local children’s organization in which you’re involved, for example, and you can arrange donations or leverage your work connections for fundraising. Stew Friedman talks about this with his idea of the “four-way-win” – how you can create synergy between the different domains of your life. A classic example could be someone who wants to raise money for an organization while getting in shape. They might organize a big bike ride for their company, and then suddenly they involve their kids in it so they have more family time. Throughout this, they’re raising money for their organization while at the same time raising their leadership profile at work. It’s feeding all parts of life in a multi-tasking kind of way. That’s when slashing works really nicely.

EO: We see great examples of individuals who take their own life experience, especially a challenging experience, and turn it into a wonderful organization to benefit others. How does this tie into the mission of Encore.org?

MB: One of the things we’re very interested in at Encore.org is how life experience is often the pathway to what you’re going to do next. Weaving together the strands of your life is something we see all the time. There’s this reinvention myth out there that you’re going to reinvent yourself anew out of whole cloth but so often, the strands of who we want to become are already there, and people are tying those strands together differently when they hit mid-life because they’re realizing that they are revisiting something, an earlier passion, or an earlier skill set, or a life experience that has helped shape them to where they’re going to go next.

Marci Alboher is the author of The Encore Career Handbook: How to Make a Living and a Difference in the Second Half of Life and One Person/Multiple Careers: A New Model for Work/Life Success. She is also a frequent contributor to the New York Times, where she originated the “Shifting Careers” column and blog. Learn more about her work at her website: heymarci.com.

Tune in to Work and Life on Tuesday, February 11 at 7 PM Eastern on Sirius XM Channel 111 for conversations with Jessica DeGroot (WG ’94) on how couples can share caregiving to mutual advantage and then with current Wharton MBA students Pamela Freed, Nohemie Sanon,  Meaghan Casey, and Kristina Milyuchikhina on how women planning business leadership roles see their future work and family lives. Visit Work and Life for a full schedule of future guests.

About the Author

Morgan MotzelMorgan Motzel is an undergraduate junior in the Huntsman Program in International Studies and Business at Penn focusing on Management and Latin America.