Leadership Lessons from Fortune's Most Powerful Women Summit 2013
Clara Shih
CEO of Salesforce AI | Founder & Board Chair of Hearsay Systems | TIME 100 AI | WEF YGL
This October, I attended the Fortune Most Powerful Women Summit in Washington, D.C., and spoke on a panel with three other women under age 40: Warren Buffett's financial assistant Tracy Britt Cool, Cinnabon President Kat Cole, and SunRun founder and CEO (and my Stanford classmate) Lynn Jurich. Fortune's Leigh Gallagher moderated the conversation, which covered all kinds of inspiring and helpful leadership lessons.
Here are a few highlights I gleaned from my co-panelists:
Inexperience isn't always bad. Jurich's lack of experience in the solar and energy industries freed her to ask "dumb questions." (Jurich's company installs solar power systems in residential and commercial properties). This turned out to be quite smart. She was able to create her company's energy-focused mission with a fresh perspective because she wasn't weighed down by expertise -- and the assumptions that often come with it.
Details and depth matter. Cool met her future boss, Buffett, when she was an undergrad at Harvard and organized a group visit to Berkshire Hathaway's (BRKA) Omaha headquarters. Most students are in and out within the day, but Cool and her group stayed for several days to get to know Buffett's businesses.
It's okay to fail. Cole talked about the importance of risk-taking -- and how different industries tolerate failure to various degrees. She reminds her Cinnabon employees that they "make buns, not bombs." No lives are at stake when a batch doesn't turn out. It's okay to fail. That's how we get better.
Respond to discrimination with grace. Gallagher asked if any of us had felt discriminated against in our careers or school years due to age, race or gender. I shared my philosophy that you can't control what other people assume about you, but you can control how you react. It's usually most constructive to give people the benefit of the doubt and respond with grace.
Following our panel, I caught up with two Silicon Valley friends who are under-40 influentials. Wildfire (GOOG) CEO Victoria Ransom (left) and Instagram (FB) director of operations Emily White (right) joined me, fittingly, for an Instagram.
This post originally appeared on Fortune: Leadership lessons from a top entrepreneur
Photo credit: Fortune.
Opera??es / Analista de Vendas e Projetos
10 年I appreciated this article and mainly about “inexperience isn′t always bad”. It makes me believe that it is really possible and that most part of the people need to open their mind about that too. Sometimes you can have a positive surprise on it.
Digital Business Manager | Managing and Scaling Up Your Business
10 年Nice article that is summing up essentials of what all leaders nowadays should be aware of. There is no real success without a failure, depth matters, living diversity is important and I would just add to it one more point: living and working by your own values is what will make it all much simpler and easier to handle.
ARS Group's Of Company-owned PATRON/CMD/CEO at ARS Group's Of Company CAIIB, FRM,GARP,PMP
10 年I LIKE IT