Let's Talk About Stress

We live in an era where stress is not just a personal challenge but a growing public health crisis. According to the American Psychological Association, stress levels have escalated across all age groups due to factors like the pandemic, geopolitics, and financial pressures—with younger individuals, LGBTQ people, racial minorities, and parents reporting significantly higher stress levels.

Within the workplace, the impact of stress is palpable: diminished creativity, decreased retention of talent, and a reduction in workplace enjoyment. Despite this, stress is often worn as a badge of honor in many corporate cultures, seen as a testament to one’s dedication and hard work. However, the real question leaders should be asking is not whether to address stress, but how.

From my personal battles with stress, I’ve come to see managing workplace stress not just as a responsibility but as a critical resource management issue, akin to handling a company's finances or energy. Stress, in its constructive form—eustress—can indeed energize and enhance performance. But when mismanaged, it becomes distress, leading to a slew of productivity and health issues.

Innovative companies like J&J’s Human Performance Institute, Google, Asana, and Nike have pioneered holistic approaches to managing stress. Consulting firms like Thrive Global have emerged creating elaborate new approaches. These programs are trailblazers, yet there's a risk in over-complicating solutions that could be straightforward.

Looking at learnings from real world examples, here are some best practices on how leaders can take things into their own hands:

Best Practices for Leaders to Manage Stress:

  • Initiate Safe Conversations: Create an environment where stress is not a stigma but a shared challenge to overcome. Use diagnostic tools to engage your team in identifying the sources of stress—both positive and negative. This critical thinking exercise can help teams better understand the interplay between work and stress. Such open dialogues help in distinguishing between normal stress and anxiety, the latter often requiring professional intervention.

  • Foster Human Connections: Be transparent about your own stressors as a leader and how you manage them. This openness will encourage others to share and seek support during vulnerable periods. At the same time, don't create expectations, or assume that your solutions are universally appealing. Legislating stress management initiatives can actually make people feel more stressed!

  • Change the Mindset: Acknowledge that while you cannot eliminate stress completely, you can implement realistic and supportive measures. Shift the narrative from seeing all stress as harmful to recognizing stress as a sign of engagement and passion. This Ted Talk from Stanford Psychologist Kelly McGonigal uses powerful data to demonstrate the postive impact of adopting a "stress is good" mindset. This article from Stanford builds on that, encouraging us to embrace stress rather than aim to reduce it.

The corporate world stands at a crucial juncture. Leaders who view stress management as a strategic resource have the opportunity to foster resilient, high-performing teams that attract top talent. Instead of delegating this issue to HR, leaders themselves should take proactive steps to reframe and demystify stress.

A Simpler Way to Lead Humbly

I recently asked ChatGPT to identify the top leadership attributes from the most admired companies. Unsurprisingly, it listed qualities like visionary thinking, decisiveness, integrity, communication skills, and resilience. Noticeably absent? Humility.

"Old school" corporate culture has long celebrated outwardly bold and assertive leadership styles, and it is easy to understand why these approaches are so well engrained. But a growing body of evidence suggests that humble leaders may be more effective at driving engagement and performance.

Why Psychological Safety Matters

In today's stressful and chaotic workplace, 'psychological safety' is more than a buzzword—it's an imperative. Rather than representing a soft retreat from the hard edge of business, psychological safety is a foundational element for efficient, agile, and ethical organizations.

Pioneered by William Kahn and Amy Edmondson, it is defined as: “where one is confident that no one on the team will embarrass or punish anyone else for admitting a mistake, asking a question, or offering a new idea.”  Importantly, it is not about coddling or complacency, it creates the conditions for an optimal zone for learning and performance.

Credit: Amy Edmondson

It's a zone where the courage to voice novel ideas, question norms, and admit errors is not only permitted—it's celebrated. This is not antithetical to accountability; it's a precursor to it. Far from being a luxury, psychological safety is a catalyst for meeting and exceeding performance benchmarks. Here's why:



  1. Empowers Team Performance: Insights from Google's Project Aristotle revealed a profound truth: the highest-performing teams are anchored in safety. They not only perform well in the short term but also master the art of constructive conflict, driving innovation and creative solutions through diversity of thought.

  2. Mitigates Risk: Psychological safety is the antidote to the opacity that shrouds ethical breaches and compliance failures. It ensures the free flow of information and encourages vigilance against misconduct, serving as a guardrail for organizational integrity.

  3. Promotes Sustainability: By nurturing employee retention and well-being, psychological safety isn't just a people strategy—it's a business sustainability strategy, particularly among women and minorities. According to BCG, retention is 4x higher for women, 5x higher for BIPOC, and 6x higher for LGBTQ+ employees that are psychologically safe.



So where to teams start?



  • It begins with a clear assessment: based on qualitative conversations and quantitative inquiry. This validated survey built for healthcare workers in Ireland and Holland, could be adapted for your contexct:







  • Establish new norms. With data in hand, teams can establish explicit norms that address identified gaps. For instance, if a team hesitates to discuss mistakes, a new norm might be, "We prioritize transparency over perfection." Such norms, once embedded, can reshape the cultural DNA of teams, entrenching psychological safety into the very way they operate.

  • Keep talking about it. As meetings wrap up, ask questions about how people feel, and if there is anything left to be said.





In sum, the narrative that pits psychological safety against performance is a false dichotomy. Far from being at odds, psychological safety and high performance are mutually reinforcing. Organizations poised to thrive in uncertainty and complexity will be those that recognize and harness the transformative power of psychological safety.

The Neurodiversity Imperative

Last week marked Celebrating Neurodiversity Week, and for many, the topic may have elicited a mix of emotions – from intrigue and optimism to exhaustion or even eye-rolling. For me, it is less about celebrating and more about facing the glaringly obvious truth: most of our conventional leadership best practices have been designed to serve neurotypical brains, and need to be re-examined through the lens of neurodiversity. Now more than ever, leaders have an imperative to optimize their management practices in the context of cognitive diversity.

Unleashing The Power of ADHD, Autism, and other forms of Neurodiversity

Today, organizations need to think differently about diversity, going beyond race, gender, age, religious belief, and sexual orientation to embrace people with cognitive differences.  This article provides recommendations on how leaders must evolve to effectively lead diverse thinking teams and the critical role Executive Coaching can play.

 

“Neurodiversity” refers to people who think, learn, and behave differently than the norm.  Neurodiverse people may have diagnosed conditions like ADHD, Dyslexia, or Autism, or they may simply learn and process differently without a diagnosed condition.  This is not a small cohort; Neurodiverse people represent around 20% of the workforce.

Let's Rethink 1:1 Meetings

Imagine this: You're the CEO of a major tech company. Your day is scheduled down to the minute with meetings, presentations, and strategic planning sessions. But there's one type of meeting you'll never find on your calendar - the dreaded one-on-one. Jensen Huang, the uncompromising leader of Nvidia, has abolished them entirely for his 40 direct reports: "I don't do any of them unless they need me, and then I drop everything for them". Why not? Because they create complexity and asymmetrical information flow: "in our company people are empowered by what they can do, not what they know." His radical move flies in the face of conventional management wisdom that prizes face time and open dialogue between bosses and employees.

Purpose: Just The Beginning

Deloitte's 2019 revelation that purpose-driven companies outperform their rivals was a wake-up call. But fast-forward to less than three years later, Deloitte confessed a snag – the intangible nature of purpose leaves organizations grappling.

What went amiss? Purpose is indeed crucial. It aligns with our innate quest for meaning – a quest that McKinsey quantifies with a staggering statistic: 70% of our life's purpose is tied to our work. But herein lies the conundrum – purpose primarily addresses extrinsic outcomes, while meaning is deeply intrinsic.

Against The Odds: How Executives in New Roles Excel

Your LinkedIn feed is abuzz with announcements of individuals stepping into new roles, but amidst the excitement lies a stark reality: 40% of new leaders find themselves ushered out the door within a mere 18 months, a costly misstep for leaders and hiring companies.

Drawing insights from executive recruiters, coaches, and transitioning leaders, these are the key reasons leaders struggle:

Finding Courage for Courageous Conversations

This is the season for performance management dialogues, a pivotal moment where candor meets consequence.  Unfortunately, many people put off these conversations until the last minute, and don't prepare properly.

If this is you, you are not alone.  Remarkably, a recent study unveils a hidden truth: 70% of managers sidestep difficult conversations.

So how can leaders prepare, and conduct these challenging conversations?

I found wisdom in the trenches of healthcare professionals. Whether tackling mental health or navigating Oncology and NICU scenarios, these individuals confront tough conversations daily.  Here is what I learned:

Let's Think About Overthinking

In 2003, psychologist Susan Nolan Hoeksema shone a light on the "Epidemic of Overthinking," revealing that 73% of 25–35-year-olds were grappling with this mental hurdle.  Read More

In our current era, marked by heightened stress and uncertainty, those numbers are likely on the rise. Today, let's delve into the serious matter of overthinking.

In my coaching work with executives, I see firsthand how leaders grapple with decision-making in an ever-changing and unpredictable environment.  This can lead to “Overthinking”, which manifests itself in repetitive and unproductive contemplation, fixation on past mistakes, and anxiety about the future.

Reframing Rejection as a Leadership Development Opportunity

We have all felt the crushing gut punch of rejection.  Whether in a personal context or at work, rejection is perhaps one of the most debilitating emotions.

Firstly, rejection is a real, scientific phenomenon.  It is not imagined, and you are not having a pity party.  When the brain experiences rejection, it responds as if it is in physical pain.  So, it is unsurprising that rejection hurts, and that it could lead us to stop taking risks altogether.

But what if we could reframe how we perceive rejection?

Communicating Effectively in Challenging Times

In today’s turbulent business landscape, the need for compelling communication has never been greater. As executive coaches at The Preston Associates, we’ve stood beside leaders navigating through unprecedented turmoil. We firmly believe that effective leadership thrives on the way we communicate, especially when the news is less than ideal.

Every day, we work with leaders facing the daunting task of delivering unfavorable updates. To equip our clients with the best tools, we turn to the wisdom of the Stoic Philosophers. Aristotle, a prominent figure in this tradition, emphasized the importance of three key elements in effective communication: Pathos, Logos, and Ethos.

Advisor, Mentor, Executive Coach? What You Really Need is a Strategic Thought Partner

We have all had that “I could really use some help to tackle this” moment.  It is like using the Phone a Friend option on “Who Wants to be a Millionaire”.  Today Executives in large organizations and Founders in startups commonly look for outside help so solve business problems or develop new skills and capabilities.  They need fresh perspectives, objectivity, and specific skill sets that their current organization cannot provide internally.  And there is no shortage of mentors, coaches, advisors, and consultants to choose from.  But what is the difference between these roles and how do people choose the right ones?