08/03/2023
When I am asked why I do what I do, I often answer, that the idea of anyone lying on their deathbed, regretting not fulfilling their true potential, not being as great as they were meant to be, not feeling as fulfilled as they could have felt, fills me with real sadness, and I know I can help individuals unlock their full potential.
While I don’t work solely with women, I know that women need to work a little harder, to firstly, acknowledge their own abilities and talents, but there is also, much work to do to ensure businesses realise the limitless pool of potential that is right under their noses.
In “The Inner Game of Tennis”, Timothy Gallwey says - Performance = Potential – Interference
But a study, last year, by Professor Danielle Li of MIT Sloan, found that women, on average, received higher performance ratings than their male counterparts but received 8.3% lower ratings for potential than the men.
Potential ratings are often a strong predictor for promotion, which means that women are 14% less likely to be promoted.
So, what is the answer? Professor Li says, “we need to define potential and what we are trying to measure”. And then we need to track the relationship between what the manager measures and how the individual actually performs.
If we can start to put metrics around it and reduce the risk of stereotypes and interpretation coming into the equation, then we can truly reduce the risk of bias and preconceptions and really “level the playing field.
Looking to tools which can debias the promotion and hiring process would be a great first step.
One of the best tools I use is The GC Index as it assesses the impact and potential contribution the individual can make to their role or team, with zero discrimination or bias taking place. This, and tools like it are a sure way to ensure that women start fulfilling their true potential.