This is the second year in a row, that Women in ETFs – a network bringing together women and men in the ETF ecosystem I am proud to be a part of – rang the bells at 34 stock exchanges around the world to celebrate International Women’s Day.
It was all about raising awareness for women’s economic empowerment and the opportunities the private sector has in advancing gender equality and sustainable development. A recent survey by the Peterson Institute for International Economics of 21,980 publicly traded companies in 91 countries demonstrated that the presence of more female leaders in top positions of corporate management correlates with increased profitability of these companies. With stock exchanges being a key partner in the ETF industry, WE has used this platform for a second time to bring across the gender equality message.
I had the honor of ringing the bell at Deutsche Börse in Frankfurt together with my fellow Women in ETFs colleague and friend, Ana Concejero, Sophie von Gagern, representative of the Global Compact Network and Hauke Stars, Member of the Deutsche Börse Executive Board and many other inspirational guests – women and men – together making a difference to push for women’s rights.
For more information on our network please go here
Communication is important. And if you are a leader even more so. Understanding how to be a great communicator can make all the difference. There are many elements to being a communicator. Here are just a few highlights:
It’s all about personalization
Leadership is no longer about issuing corporate communications. It is about being personal. That is why it is important to develop relationships with the people in your team and organization. Think dialog not monologue. Make sure to ask the right questions and don’t forget to read between the lines. Just by watching and listening you can raise your organizational awareness immensly.
Listen. Really Listen
When we think of communication, we often think of talking. Listening is often overlooked although it is the most important princliple of great communication. You will never have a meaningful conversation if all you do is to broadcast. Even worse if all you do is broadcast the same messages. When you start to stop moving your lips and start to open your ears, you are on the right path to becoming a skilled communicator.
Keep an open mind
When your opinion matters more than anyone else’s then you stop listening. You stop learning. And you are closed off to new opportunities. There is nothing to fear about hearing other people’s opinions even if they may be dissenting to yours. Rather see it as an opportunity to challenge your way of thinking and to grow. At the end of the day it is not the opinion that matters, but the willingness to discuss it with an open mind.
Empathy is the new ego
Ego is not necessarily a bad thing, but if it only brings out the best in you but not in other people you have failed at being a good leader. Good communication is about being authentic and transparent. To do that you need to communicate with empathy and not arrogance.
Communication is so important. I see it every day. If we can get it right, we can build great teams and accelerate our business.