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  • 10 months ago
These woman may have broken through the glass ceiling, but they've fallen off the glass cliff — a phenomenon where women appointed to leadership positions are set up to fail.

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00:00We need more women in leadership, but it tends to be at these crisis moments at these moments where there's a high risk of failure
00:18So the glass cliff is the idea
00:20That when women are appointed to top leadership positions, it tends to be in organizations or in roles that are in crisis
00:27They're appointed to manage the crisis
00:31Oftentimes they're blamed for the crisis, even though
00:34This was not a crisis of their own making if they're not able to fix the crisis in a short period of time
00:40They're replaced by white men and we term this the savior effect the decision
00:46to fire me
00:49Frankly I know more about what it wasn't than I know what it was. It wasn't about performance
00:57We've actually spent a couple years conducting in-depth interviews with women and minority
01:26to CEOs to actually ask them about their impression.
01:30They realized that to overcome their hyper visibility as outsiders,
01:35they had to prove themselves again and again and again.
01:37And the way they did that was by going after the toughest,
01:41most challenging assignments from early in the career all the way to the end.
01:52Several of our respondents described the one mistake rule,
01:56that if they're going to go after this extremely high visibility,
02:01high risk leadership role, they have to execute it flawlessly.
02:05One mistake, and not only would the mistake be exaggerated
02:10because of their outsider status, but it would likely derail their career.
02:19As you know, I have made the promise to fix
02:21what happened in the company to make sure that we are dedicated to safety,
02:25that we're dedicated to excellence.
02:27We are well on our way.
02:28We've made significant change.
02:30To do that, I need the right team.
02:32She's an important example to me because she survived the crisis.
02:36She's still the CEO of GM.
02:37She's incredibly successful.
02:40And I think that speaks to another factor here,
02:43which is by the time that women and people of color
02:46reach these really senior leadership roles,
02:50they are truly exceptional.
02:51I will shortly leave the job that it has been the honor of my life to hold.
03:03The second female prime minister, but certainly not the last.
03:08She was put in the position of leading an effort that was doomed to fail,
03:13where there were no good solutions.
03:16And she was held accountable for that.
03:18She was held accountable for a crisis that was not of her making.
03:22The public scrutiny and criticism that she weathered as the face of Brexit
03:27is unfortunate, not just for Theresa May,
03:30but for our perception of women leaders' capability.
03:34It's really important for women to know that some of these challenges
03:37they face aren't about them.
03:38This isn't a failure of women.
03:40This is a failure of organizations.
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