If you were looking to hire a venture capitalist, what skills would you look for? I looked up a posting at Deutsche Telecom and they are looking for someone who is a “motivated and an enthusiastic self-starter who works on your own initiative….Confident and capable of easily interacting with senior management.” According to the book Give and Take -Why Helping Others Drives Our Success by Adam Grant, Deutsche Telecom is missing the most important quality for this competitive job: they should be looking for a giver.
Givers are people who believe that we go further together. They help others and put others’ needs as a priority. They don’t see relationships as a zero-sum game. They instead passionately believe we can all win together. In Grant’s book he highlights David Hornik, a venture capitalist who invites his rivals to hear pitches, responds personally to emails for investment requests, and will introduce entrepreneurs to his competitors. Hornik has also only lost three deals in eleven years. Hornik and others featured in Grant’s book challenge our paradigm of what it takes to get ahead in the workplace. In our increasingly interdependent, global, matrixed world it is important to self reflect and ask, am I giving or taking to get ahead at work? Three key takeaways for me from this book are networking is not about you, check your credit score, and the impact of women givers.
Networking is not about you. Many people hate networking and see it as the ultimate taker activity, believing people build good networks to build their popularity. But as I referenced in a recent post, there is a big difference between connecting vs. networking. Networking is an opportunity to connect and help. Matchers see networking as a means to connect – but focus on reciprocating behavior. If you link in to a Matcher and ask for an introduction to someone in their network and offer to connect them to a key business leaders, he/she will gladly help you– once they’ve met that business leader. Givers know that we live in a small world and are motivated to improve the lives of those they are connected to. They gladly share their time, connections, and ideas and, as Grant says, “create norms that favor adding rather than trading value.” Step back and ask yourself, “Who have I helped lately, and what motivated me to do so?” Then think about someone from a past job and reach out and ask how you can help him/her. No strings attached.
Check your credit score. Jonas Salk is known as an international hero. In 1952 his research lab created a polio vaccine, and within two years of its release the rate of polio in the US fell by 90 percent. But Salk had a serious flaw– he was a taker. At a press conference held to recognize this enormous accomplishment, he did not recognize any of his peers. He failed to mention any of his collaborators, team members, or co-workers who contributed to this life changing event. Salk fell prey to responsibility bias, focusing on the time and effort he spent in the lab instead of seeing the team’s collective contributions. The key to a good credit score is not to keep score. Instead, whenever your team has a big accomplishment, reflect first on other’s contributions and acknowledge them before mentioning your role on the project.
The Impact of Women Givers. Grant does not spend much time on the gender dynamic in this book, but as a working mother I had some immediate reactions to the giving/taking continuum. Women are raised to be givers, and our societal norms value women who are warm and nurturing. Grant’s research shows that givers face a tricky path — givers are statistically least likely to get ahead — giving credence to the idea that good guys finish last. But his research also shows that givers also finish first-they have the highest productivity, performance results, and revenue generation in their companies. The difference is givers who are “not selfless but are otherish.” Givers who are selfless often find themselves overwhelmed and over committed. But givers who focus on giving without losing sight of their interests are “Otherish.” They give graciously without overextending themselves. Women givers, and all givers, can increase their chance of success- and decrease their risk of burnout- by tuning into this key concept. The good news for givers is that the prototype of the successful leader is drastically shifting. According to a management survey of over 3,600 participants, givers have historically have had lower salary increases, slower advancement, and lower promotion rates. Less than 65% of givers were promoted to management roles compared to 83% of takers and 82% of matchers. This appears to align to our traditional stereotype that good leaders get ahead because of their (individual) hard work, talent, and knowledge. But that is shifting. Google recently used it’s data analytic prowess to determine the most important traits of effective leaders. The top three traits are a good coach, empower the team, and is interested/concerned with their team members’ success. Sound like an otherish giver? Good news for givers and for women givers if these traits are now seen as strengths instead of risks.
We all are part giver, matcher, and taker. You can find out your rating at Adam Grant’s website. Grant’s book Give and Take provides numerous examples of givers and takers and how these behaviors impacted their success. I encourage you to reflect on how you interact with your network and your peers and be aware of your taking, matching and giving behaviors. Look at your network as a place to give. Be intentional about giving credit. Remember that giving is not synonymous with selflessness. And with that knowledge, go out and give!