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Thoughtfully Ruthless®

How Strong Is Your Digital Footprint and Why Should You Care?

August 29, 2022 Val Wright
Speaking at Xchange

Does it really matter?

I don’t have the time - why bother?!

Social media is a distraction and a waste of time!

My company is forcing me to repost corporate content on my personal social channels -is that right?

Can it really make a difference to my business?

I was speaking at Xchange’s conference in Denver last week answering all of those questions and more about why it matters and how to strengthen your digital footprint. 

I asked everyone in the audience to rate if they thought they were magnetic, memorable, a mystery, or completely missing when they think about their digital footprint. It was fascinating to see how many wanted to strengthen how they showed up digitally to their customers, partners, peers, and communities. 

Timing was perfect as an executive, Dawn Ringstaff, VP at Cloudflare, who had applied some of my advice, was in the audience and was able to tell the story of how she originally was a cynic about the idea of increasing their digital presence. We had discussed the idea of using video to share that she was hiring, she was reluctant, but did it anyway. Dawn made a brilliant video sharing that she was hiring. 

Dawn’s video captured the attention of a great candidate who was hired, started, and even was also at the conference so I got to meet them! Glad it worked out Jessica Chavez!

Customers, partners, your bosses peers, future hires, conference organizers, board members, and your peers are all googling you. Don’t be like the one executive I was working with last month who had an unusual name and STILL the third hit for his search on Google was his antiquated MySpace page!!

Many people ask me “ so what exactly is a digital footprint?” and my answer is simple…. Showing up digitally where ever your customers and partners hang out. 

Want to learn more?

  • You can hear more of a recap of my talk from CRN’s coverage here. https://www.crn.com/news/managed-services/here-s-how-a-digital-presence-grows-your-business

  • Chapter One of Rapid Growth Done Right gives you more details on your Magnetic, Memorable, Mystery or Missing evaluation and you can download that chapter free here

  • Chapter ten of Words That Work has an Executive Social Scorecard that you can use to go deeper to understand the steps to increase your digital presence. You can view the Executive Social Scorecard here.

Share and tag me in your thoughts on this topic…

Dedicated to growing your business,

Val

P.S. I hope you enjoyed this week's VAL-uable Insights, sign up here to get them in your inbox each Monday morning: http://valwrightconsulting.com/newsletter-sign-up/

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Why Ideas Are Easy But Implementing Them Is Hard

August 22, 2022 Val Wright

Ideas are easy. 

Changing. Adjusting. Learning. Growing. Making them happen is the HARD part. 

Brash bold goals are exciting. Watching them happen is the most rewarding. 

2.5 years after crisis bankruptcy talks and retailer francesca’s is taking the retail world by storm. Under new ownership the results are pretty remarkable 

It has been a pure joy being on the journey with the francesca’s team. 

One example…Check out the new tween brand francesca’s franki 

Another example : WWD featured article. 

Want to hear more? You can download chapter one of Words That Work here as a gift from me where you will hear about the francesca’s CEO who wanted to create a truth telling company. 

Dedicated to growing your business,

Val

P.S. I hope you enjoyed this week's VAL-uable Insights, sign up here to get them in your inbox each Monday morning: http://valwrightconsulting.com/newsletter-sign-up/

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The Greatest Truth Telling Fallacy

August 15, 2022 Val Wright

Do you really know if everyone around you is being honest with you?

No one wants to be lied to, yet untruths are everywhere. No one wants to admit they may occasionally lie, but they hypocritically expect everyone else to always tell the truth.

It is one of my recent most popular requests to work on in my strategy work with executives: Helping teams understand the value of, and putting into practice, truth telling.

In my corporate work life at Microsoft, BMW, Amazon, and Marconi, I found the Truth-Telling Fallacy to be the most frustrating part of business life. It became clearer as I rose through the corporate ranks, but I also found it everywhere—from larger international companies to family-run businesses and privately held companies. The Truth-Telling Fallacy affects businesses of every size, impacting senior executives, managers, and teams alike.

Here are the five factors in play:

1. THE MORE SENIOR YOU RISE, FEWER PEOPLE TELL YOU THE TRUTH
If you’re a CEO or at the top of the organization, think back to earlier in your career. Remember how much feedback and real talk you had about your performance? Did you notice that start to evaporate throughout your career as you got promoted?
“I need your unfiltered advice on this acquisition strategy, Val.”

That is what one CEO client called me to say as she was reviewing two potential acquisitions as part of the company’s growth plan. She had not been with the company long and was still changing its truth-telling (or lack thereof!) culture, and they needed a blunt assessment. There is unique value in having external unfiltered advice, but as a leader your real opportunity is unlocking it internally, because sadly, too many people are afraid to give senior people the truth.

2. THOSE AT THE TOP OF THE COMPANY NEED THE MOST FEEDBACK
I’ve been in far too many product reviews, board discussions, and leadership meetings where the attendees could be replaced with those bobble-head figures that are given out before sports games! If these executive gatherings are not truth-telling opportunities, where exactly are senior leaders supposed to get their truth telling and straight-up feedback?

3. YOU NEED TO BE COMFORTABLE WITH BEING UNCOMFORTABLE
It is not easy to hear truth telling. It can be awkward, difficult, and even painful to receive. Not everyone has the knowledge, skills, or mindset to get comfortable with these feelings. Throughout this book you will learn specific tools to use, words to quote, and preparation to follow to receive such feedback. The greatest news is that this is all teachable, but the tough news is that the greatest barrier to changing here is you. - You need to be ready to build new habits for asking for and receiving the truth from those around you.

4. COMPANIES INVERSELY SPEND ALL THEIR TIME ON TRUTH TELLING IN THE WRONG PLACES
Billions in resources each year are spent on training across companies. Unfortunately, the majority of this is spent in the most junior ranks of the company, when the opposite is needed with top teams, executives, people managers, the CEO, and the board.

Actual truth telling is inversely proportioned to the need for truth telling. Similarly, the investment in giving those who need it help with changing the level of truth telling is spent in the wrong place. When I talk about training and development here, for any investment, I don’t mean bland instruction or click-happy online guides, but true intentional investment in time, accountability, and resources for how to create a truth-telling company.

This extract comes from my third book Words That Work. In Chapter 2 you will learn how to raise the performance bar of your teams, in Chapter 8 you will learn how to unlock the power of your board, and finally in Chapter 11 you will receive the playbook of tools to make all this happen.

5. TRUTH TELLING NEEDS TO BE REWARDED
The final, and perhaps most critical, factor in creating a truth-telling company is how you reward truth telling. The much-critiqued Fyre Festival of 2017 had everybody fooled that there really would be a celebrity-packed luxury holiday with headline musicians and exclusive accommodations. The reality was that it was a disastrous, food-starved, cheap camping trip without any entertainment. When Netflix and Amazon filmed their exposé documentaries, hindsight whistleblowers came out in full force. I’ve seen CEOs publicly thank truth tellers who point out mistakes they have made. Amazon has a leadership principle named has backbone. During my corporate career on the Amazon fashion leadership team, you could not be promoted to a manager, director, or vice president if your immediate manager could not give strong evidence that you had displayed backbone with those more senior than you.

I simply love watching teams realize the value of, and then put into practice truth telling.

It could have stopped WeWork calling cappuccinos lattes for many years because their CEO got mixed up with the two drinks and no one corrected him. Instead, the barista and all the employees at the headquarters renamed the coffee drinks to fit with what CEO Adam Neumann incorrectly believed they were called based on his preference of frothy foam versus steamed milk.

This almost unbelievable tale is the modern-day version of the emperor who has no clothes. Not one single person at WeWork felt they could tell Neumann the truth about coffee. Instead, it became a widespread part of the WeWork culture of drink ordering. Every time any intern, new employee, senior executive, or visitor ordered a coffee, they played along, changing the name, explaining to those not in the know the façade that had been built because of their CEO.

Which begs the question, if they were dishonest about coffee, what else were they covering up or lying about?

Do you have any cappuccino err I mean latte moments in your team?

Only a conversation with your team will tell…

Want to hear more? You can download chapter one of Words That Work here as a gift from me.

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VAL WRIGHT
Consultant / Speaker / Author

Val is a recognized global leadership and innovation expert who is known as growth accelerator by top executives at Fortune 1000 companies including Microsoft, Amazon, LinkedIn, The Financial Times and PopCap Games.

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