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292: Beth Comstock - You Don't Need Permission (Former GE Vice Chair)

292: Beth Comstock - You Don't Need Permission (Former GE Vice Chair)

FromThe Learning Leader Show With Ryan Hawk


292: Beth Comstock - You Don't Need Permission (Former GE Vice Chair)

FromThe Learning Leader Show With Ryan Hawk

ratings:
Length:
64 minutes
Released:
Jan 7, 2019
Format:
Podcast episode

Description

The Learning Leader Show With Ryan Hawk Episode #292 - Beth Comstock: You Don't Need Permission (Former GE Vice Chair) Beth Comstock spent nearly three decades at GE. As Chief Marketing Officer and then Vice Chair of Innovation, she led efforts to accelerate new growth, develop digital and clean-energy futures, seed new businesses and enhance brand value.  As President of Integrated Media at NBC Universal, she oversaw TV ad revenue and digital media efforts, including the early development of Hulu. Prior to this, she held roles at NBC, CBS and CNN/Turner Broadcasting. Her first book, Imagine it Forward, was published in September 2018. She is a director at Nike, and trustee of The National Geographic Society.  The Learning Leader Show "You must grab agency.  You don't always need permission." Show Notes: Commonalities of sustaining excellence: "They don't stop. They keep coming back.  There is an inherent belief that tomorrow is another day.  They have great stamina." Examples: Jeff Bezos (Amazon), Mary Barra (GM) What was it like being hired by Jack Welch (including the story of Jack offering her the big promotion) "You know you can't say no to Jack Welch and GE.  It fascinated me." Jeff Immelt -- "He lives to deliver for the customer" Take us back to 1985... Beth is in her mid-20's, she's hiding behind the door as her husband tells her mom that they are getting a divorce. "It was a defining moment.  I was willfully choosing an unfamiliar path.  It felt like a failure." "In times of change, you have a choice to figure it out." JR, the bad boss... We've all had bad bosses.  How to deal with it? "He was a gatekeeper, just said no.  So, I wrote a report, shared it with others, gave it to him.  He rejected all of it.  So I left to go to Ted Turner's CNN." "You must grab agency.  You don't always need permission." "No means 'not yet'" The difference between gatekeepers and goalkeepers: Goalkeepers clear the way, they help you.  Gatekeepers do the opposite." Common mistakes the new manager makes and how to avoid them: Understand the responsibility Find a way to be secure in yourself.  A lot of mistakes are made out of insecurity. "I was not good at giving feedback.  Good or bad.  I didn't communicate well initially." "You need to get to know your team very well.  Know them as individuals.  Connect with them.  People don't want to be managed or controlled, they want to be led. There is a difference." Mentors: "I was a 30 year old first time manager and I didn't have good mentors.  I was afraid to reach out to people for help.  Find a series of people to be your board of advisors.  You will need it." The "Steve Jobs recruited me" story -- "This was right before the iPhone came out.  He said, 'We're going to do some really big things here and I want you to be part of it.'  It wasn't right for my family to move out there at that time though.  I made the pro and con list and the move was too powerful.  So I said no.  There are days where I regret it." The difference between Jack Welch and Jeff Immelt: "Both were good leaders.  Jeff championed people and fully supported me." "They led in different times.  It's a shame that they get compared when they led in two completely different eras." "Tell me something I don't want to hear." -- Why this is a powerful exercise all leaders need to do with their teams on a regular basis. "Success theater" was an initiative.  It's meant to crack bureaucracy.  "Jeff Immelt was actually trying to make it better through doing this.  You need that feedback loop." Hiring:  What does Beth look for in a candidate? Curiosity - Open and eager to learn A quest for excellence - Do they actively strive to be better? Others provide references on their behalf Trial run - "Try, then buy."  Simulate the role Hire someone who knows what you don't - Hire for your weaknesses How to handle an environment as a woman leader surrounded by men? "I'm a creative woman.  I came to appreciate my differenc
Released:
Jan 7, 2019
Format:
Podcast episode

Titles in the series (100)

As Kobe Bryant once said, “There is power in understanding the journey of others to help create your own.” That’s why the Learning Leader Show exists—to get together and understand the journeys of successful leaders, so that we can better understand our own. This show is full of stories told by world-class leaders. Personal stories of successes, failures, and lessons learned along the way. Our guests come from diverse backgrounds—some are best-selling authors, others are genius entrepreneurs, and one even made a million dollars wearing t-shirts for a year. My role in this endeavor is to talk to the smartest, most creative, always-learning leaders in the world so that we can learn from them as we each create our own journeys.