Learning

It’s college application time for our high school senior son and thousands of students. I’m so glad I don’t have to write those essays. This got me thinking about lifelong learning. I decided it might be fun and interesting to share five things I learned this month, in no particular order.

1. Innovation – This year, I’ve been gathering monthly with like-minded leaders for a conversation about an aspect of Conscious Leadership with the Houston Chapter of Conscious Capitalism. Join us if you can! In October, we focused on innovation. From other leaders, I learned about a welding company who has had huge success with self-managed teams and a family-owned retailer that regularly convenes cross-functional teams to spark and collect innovative ideas. This all reminded me about some of my favorite work by Harvard Professor Linda Hill on Collective Genius. I have used this 3-minute video in all-hands meetings to start conversations on innovation. I also recommend her TED talk.

2. Board Governance – Are you serving on a board? At a Private Directors Association event, I heard that many boards do not conduct an annual self-assessment. I was surprised because much of my experience is with fund boards where the SEC requires an annual self-assessment, and the NYSE requires it for boards of listed public companies. Have you seen board self-assessment be beneficial? I have. Try it. Let me know how it goes.

3. Computer Science – At the Texas A&M Department of Computer Science and Engineering Advisory Council meeting, I learned that some students are applying for ~100 jobs and hearing back from only ~10 companies. What a tough environment! I wish I could have asked more questions. If you can hire new college grads, it sounds like a great time to get some top talent. This also got me curious about how we are doing with women studying computer science nationally. Although women earn more bachelor’s degrees overall, we are only at ~20% women in Computer Science. Does this surprise you? As someone who studied Computer Science, I think it’s a great field for men and women and a springboard into many different careers. Are you doing work in this area? Love to hear about it! Tell all the girls you know.

    4. K-12 Education – I learned about some new aspects of K-12 education through a volunteer project with ProUnitas. In 700+ schools and growing, ProUnitas is striving to reduce absenteeism by helping digitize information and connect student support personnel (nurses, counselors, etc.) and service providers in K-12. This helps more students get the support they need to be in school and learn. Do you know about efforts like this in K-12 education? I’d love to hear.

    5. Bipartisan work on US Immigration – Do you love bipartisan work? I do! I learned about bipartisan work on immigration from these videos by Rational Middle. As the wife of one of America’s best immigrants, I’ve seen our legal immigration process firsthand, and it’s not pretty. I also learned that immigration is one of the top strategic initiatives of the Center for Houston’s Future, a nonprofit that works to understand future global trends and their impact on Houston, my hometown. Their 2021 research found, “Immigrants already make up nearly one-third of the region’s workforce. With employment growth among native citizens below 2 percent, Houston will need foreign immigration to continue expanding economically.”

    Albert Einstein said, “The more I learn, the more I realize how much I don’t know.” That’s definitely my experience! I hope sharing just a few things that I learned this month sparks new ideas for you. Join me on the lifelong learning journey? Let’s learn more in 2024!

    Coaching

    Have you ever had a great coach? Or been one? The topic of coaching is on my mind often because it is vital in two of my favorite things – business and sports. As a player, fan, and an executive, I’ve had and seen some great coaching. I am always striving to improve my skills and be a great coach. But what does it take?

    Do coaches get too much credit or not enough? I spent several days this summer watching our son compete at the top boy’s club volleyball tournaments in the US. The winning coach of the national championship team in the 17-year-old division posted a video of herself pacing before the quarterfinals against my son’s team and saying that coaching is harder than playing. Is it? Or is that just how she felt in the pressure of the moment? She’s worth a follow for interesting and fun takes on coaching and life. One reason that this national champion coach cited that makes coaching harder than playing is that a coach can definitely make her team lose but only players can make their team win. I have similar thoughts about parenting. I wonder how many coaches, many of whom are former players, would say coaching is harder than playing. What do you think?

    I have played but never coached sports, so I don’t really know which is harder. What I do know is that when done at their best, coaching and playing demand a tremendous amount of work and dedication and can be extremely rewarding. I am a big fan of it all in sports and business.

    How much difference can a great coach really make? If we look at how much coaches are paid on top sports teams, it implies that people paying the bills think that coaches make a dramatic difference. I’m definitely a believer that coaching matters; however, I also think the “market” often overpays for supposedly superior coaches in sports and business only to be disappointed.

    On another note, there was a high profile exit of a coach from one of my favorite sports teams last month. It was so bad that I won’t even write about specifics because I don’t want to give that coach more attention. One aspect that struck me the most about that situation is how much negative information about his coaching and character came to light AFTER his departure. Why is that?

    We focused on coaching in July for the Conscious Conversations monthly series that I’m leading for the Houston Chapter of Conscious Capitalism. One idea from business leaders is that excellent coaches remove roadblocks. A practical tip that leaders recommend is to ask regularly, “What roadblocks can I remove for you?” In Conscious Leadership, John Mackey and his co-authors say, “…conscious leaders recognize that it is part of their own role to be a coach, and they work to encourage that recognition in every leader and team member within the organization.” I’m working on that. Are you?

    Ready for another idea that has stuck with me about coaching? As a kid in Houston, one of the first coaches I ever admired was legendary Stetson-wearing Houston Oilers football coach, Bum Phillips. Several years ago, I got to hear a former player talk about being willing to “run through a wall” for Bum. That’s a thought that I come back to over and over again. How can I be a leader and coach that inspires people to “run through a wall” with me? What could my teams accomplish if I’m able to do that?

    OK, one more thought for today. During a tough time when I was CEO of an investment firm, this 2-minute video from Olympian coach and player Kara Lawson inspired me. I shared it with the whole team during an all-hands meeting to communicate my struggle and hopefully propel our team forward. My favorite part, “It will never get easier. What happens is you handle hard better.” Still working on that. How about you?

    What are your thoughts on coaching? I’ve got more ideas and questions on the parallels and highs and lows of coaching, leading, parenting, and being a sports fan, but I’ll pause here for now. Let’s coach more in 2024!

    Gratitude

    No one told me that writing the biggest checks of my life would make me feel so grateful. This week, I made the third quarter tuition payment for college for our first-born. With each payment, I feel grateful on many levels. Grateful that our daughter is getting the opportunity and has the desire to attend college and is doing well academically and socially. Grateful for the good fortune, hard work, and smart choices that led to our ability to afford to send her to the university of her choice. Grateful for more than I could have imagined.

    It is especially poignant for me because I attended college fully supported by multiple academic, leadership, and need-based scholarships. Making college tuition payments for our daughter reminds me how grateful I am for the forward-thinking and generous donors that made it possible for me to pursue my education. Thank you Terry Foundation, National Merit Scholarship Corporation, Ethyl Corporation, and many others. Perhaps another blog on that topic would be interesting?

    Another reason I am grateful? We got to visit our daughter this week and see one of the most beautiful sunsets I have ever seen.

    Speaking of gratitude, I am a huge podcast fan and one of the best podcasts I have listened to this year is Oprah and Arthur Brooks discussing happiness and their book, Build the Life You Want. What are your favorite podcasts and where do you listen? I like to listen to podcasts on the Open Source app PocketCasts and preferably while on a long walk.

    About 50 minutes into this episode, they discuss gratitude as a key tool. What works for me is to pause whenever I remember and list what I am grateful for (e.g. just breathing, health, love of my parents). It is best to write this down, but I often do it in my head in the car, on a walk, or just about anytime I think about it. In my lowest moments, I use this trick to change my focus and it works. 

    I hope to keep finding gratitude in surprising places. What makes you grateful that others might find surprising? Let’s find more in 2024!