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Aws kathy korman frey_presentation
The document summarizes a presentation given by Kathy Korman Frey on personal entrepreneurship and work-life balance. The presentation discusses challenges women face in balancing career and personal responsibilities, and provides tools and strategies for improving balance, including outsourcing tasks, maintaining boundaries, and leveraging mentors. It also describes exercises for participants on mind mapping, mentoring, time management, and developing action plans.
Aws kathy korman frey_presentation
- 1. Presented to: AWS, 2010 Conference By: Kathy Korman Frey Entrepreneur in Residence, The George Washington University School of Business Center for Entrepreneurial Excellence Founder,HotMommasProject.org Personal Entrepreneurship
- 2. © Copyright KatherineKorman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 3. Today Goal: Measurable difference Resources: Five tools to replicate © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 4. “ Some ofmy best friends are surgeons.” © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 5. What is: The Hot Mommas ® Project? WORLD’S LARGEST WOMEN’S CASE STUDY LIBRARY © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 6. Software to capture personal & professional stories of To share with the next generation Your daughter Your mom Your sister Your friend © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 7. Intro © CopyrightKatherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 8. Intro to Balance,Family, Work Who cares? Fortune 500 companies that promote women to top executive positions are 69% more profitable than the industry median ( A Harvard/Pepperdine Study ). © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 9. Intro to Balance,Family, Work Who cares? Work-life balance is a top 3 future concern in virtually every region of the world. ( BCG , WFPMA , SHRM study ) © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 10. Intro to Balance,Family, Work It’s not you, it’s them. US has lack-luster reputation for family friendly policies Reading list: Strassel, Colgan & Goodman’s Leaving Women Behind: Modern Families, Outdated Laws © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 11. Section 1: PreWorksheet © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 12. Intro to Balance:AWS Survey Surgeons 125 Students 9 Resident 43 Level of Professional Drive Level of Personal Expectations Ability to Balance © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 13. Intro to Balance:AWS Survey © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 14. Intro to Balance:AWS Survey © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 15. Intro to Balance:AWS Survey © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 16. Intro to Balance:AWS Challenges © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 17. Challenge Examples Self/Expectations“ Making time for a personal/family life. There is always something to do, either work at the hospital, research projects or attending lectures/participating in extra-curricular activities. It is very easy to get caught up in work and deadlines and not fit in the time to take care of myself physically and mentally, or spend time with friends and loved ones.” Responsibilities “ You can't hire out all home duties. Sometimes I wish I had a stay at home significant other, as I see how much more my colleagues get done if they have a stay at home significant other to manage the household for them. Home responsibilities can be a time sink.” Others / Expectations “ The demands of men in the field who think that balance means that you are not dedicated to your job, or at least not as dedicated as they are.” © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 18. Intro to Balance:AWS Solutions © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 19. © Copyright KatherineKorman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 20. © Copyright KatherineKorman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 21. Solution Examples Support“ Hire out as much housework as possible (yard, cleaning, laundry, etc); eat healthy frozen dinners or crockpot stuff or grilled stuff as much as possible. Spend home time doing home things until after bedtime for the munchkin and husband.” “ Living close to my extended family and asking for their help.” “ Out source everything, do not do dishes, laundry, get school supplies etc, when I'm home I do things with my kids.” “ A SUPPORTIVE SPOUSE” © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 22. Solution Examples Perspective“ I have to constantly remind myself that while work is important, my family is more important. Getting lazy with my family life has much bigger and more long term consequences than getting lazy in my career.” “ Ongoing enjoyment of all facets of my life, kids, family, work, hobbies, create the balance. Regular exercise, yoga and a supportive flexible spouse (and regular communication with spouse about his scheduling needs/ my schedule) are key. Knowing my own personal limits (re physical ability to do frequent night call/ how much sleep I need ) is helpful as well.” “ I try to think what will bring me most happiness.” © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 23. Solution Examples Organization/ Boundaries “ I keep a record of what I consider to be my major life goals for the year and steps to get there on a quarterly basis. I review that document at least twice a month and make short term "to-do"lists. I also keep perspective and listen to my husband's reminders to relax so that I avoid being too driven.” “ My husband and I have a shared calendar to help coordinate our call schedules (he's a cardiology fellow).” “ Being organized! Calling family in the car and walking between clinics, etc. Maximizing every few minutes off/not busy/walking. Smartphones for email, etc in elevators!” “ Obsessive time management” “ Limiting up front the number of patients seen is the most effective way of finding balance.” “ I have learned to say "no" to my dean and my spouse when I cannot stretch my available time farther.” © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 24. Intro to balancereading list: Meers and Strober’s Getting to 50 50 : How Working Couples Can Have it All By Sharing Wilson’s Tranquilista : Mastering the Art of Enlightented Work and Mindful Play © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 25. Exercise 1: MindMapping “… she doesn’t just think outside the box, she dances wildly around the box and then wears the box as a hat.” Dana Marlowe , 2010 Hot Mommas Project winner © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 26. Exercise 1: MindMapping Plain paper / Pen Circle in middle w/ interest area Brainstorm words Cluster words Choose cluster Brainstorm business ideas Reading list: Solovic’s Girls Guide to Building a Miliion Dollar Business © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 27. Exercise 2: MentoringThose who sought a mentor out had higher pay and higher hierarchical status. Source: Self-initiated mentoring and career success Gerhard Blickle, Alexander Witzkia and Paula B. Schneidera © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 28. Exercise 2: MentoringFill out your « challenge » section of your worksheet (top box of Section 2). Challenge can be work or personal. Turn to the person next to you Listen to their challenge. Provide one resource (person, idea ,website). Write resources notes in bottom box of Section 2 Reading list: HotMommasProject.org blog on mentoring – Guerrilla Mentoring posts © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 29. Exercise 3: Timemanagement & delegation Piece of paper Right left column, write “typical” schedule Left column, write areas to save time Goal: Save .5 hour (1/2 hour) per day Strategies: Outsource (delivery services) Delegation (“sick” trick) Technology Elimination Flex Reading list: Stever Robbins books and blog. Ferriss: The Four Hour Work Week © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 30. Break © CopyrightKatherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 31. Exercise 4: ForumForm groups of 5 5 mins: Presenter 3 mins (each): Members share experience Your experience (no advice“You should…”). 5 mins: Presenter summary Confidential Timed and structured Safe Reading list: Fathelbab’s Forum: The Secret Advantage of Successful Leaders © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 32. Exercise 5: ActionPlanning 96 percent of small businesses failures are attributable to managerial incompetence. D&B small business survey © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 33. Exercise 5: ActionPlanning On worksheet: 5 action steps and dates Reading list: Walcoff’s The Fast Forward MBA in Planning for Growth © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 34. Exercise 5: ActionPlanning Q: How successful do you feel relative to other colleagues? Women with 5 or more mentors answer “More successful” and “Just as successful” “ Less successful” = 4 or fewer mentors Source: Hot Mommas ® Project in-depth survey of 269 working women © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 35. Exercise 5: ActionPlanning On worksheet: 5 mentors Reading list: Walcoff’s The Fast Forward MBA in Planning for Growth © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 36. Wrap up Reviewof 1/3 problem, 2/3 solutions. Then action. Review of five tools, back 20. Review of five mentors. Non-linear career path. Post-assessment Reading list: Wu Dunn’s Half the Sky: Turning Oppression into Opportunity for Women © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000
- 37. Contact Additional questions?[email_address] [email_address] www.Facebook.com/KathyKormanFrey www.HotMommasProject.org © Copyright Katherine Korman Frey, no duplication without permission www.HotMommasProject.org, 202.237.8000