The self-analysis exercises I did
First of all, although 2011 is now well underway, I still want to take a moment to wish you all an outstanding year ahead!
I have been a little neglectful in keeping up my blog since I published part 2 of this story on December 1, 2010. Blogging is new to me, but the experience has been wonderful, and I admit I have grown addicted to your extraordinary feedback.
The number of visits to the site since its launch has been beyond my expectations. And the comments from readers across Canada, the United States and Europe have been tremendously inspiring. They have given me enough mental fuel to keep me going for months to come.
So thank you all for your readership. I really appreciate it.
In my last entry, I promised I would unveil to you folks the type of work I did while I was reflecting on the future of my career. Like with my last posts, some of you may find that what I’m saying is little more than good old common sense, applied in a business context. Well, good! That’s what I’m aiming for!
But, as I discovered while reading your comments, both the public and private ones, my self-analysis process seems to be a topic of interest for many of you out there. Hopefully, your expectations in this respect will be satisfied by the time you finish reading this post.
SWOT analysis: For use by businesses, business units, products, projects… and YOU!
A SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis can be an interesting exercise at the personal level. But, of course, it’s also a huge challenge and requires exceptional honesty and objectivity.
Fortunately enough, I discovered some effective ways of keeping myself from becoming complacent during the process. This section will cover how I achieved this.
Some background info on SWOT analysis
As described in an abundance of literature and Wikipedia, the SWOT technique involves specifying the objective of a business venture or project and identifying the internal and external factors that are favourable and unfavourable to achieve that objective.
According to Wikipedia, “A SWOT analysis must first start with defining a desired end state or objective. It is particularly helpful in identifying areas for development.”
This statement made perfect sense to me as part of my decision-making journey, so I decided to proceed with a SWOT analysis on myself. My “desired end state” was already clear. Based on it, I defined my own personal mission statement, as follows:
“As a manager/leader, I want to grow my leadership by helping others develop their full potential and achieve outstanding results. Their success will help determine my own.”
Internal factors
As described in the SWOT analysis, there are internal and external factors to consider. Strengths and weaknesses are internal, whereas opportunities and threats are external. I started with the internal. In order to get a clearer idea of what my real strengths and weaknesses were, I had to take a long, hard look at myself – and resist the urge to shy away from some of the more brutal truths about my personality.
I avoided jumping head-first into an instinctive approach. Instead, I began by taking stock of the various sources of information already available on my strengths and weaknesses and found tools to complement my self-analysis from a soft-skills perspective. I was surprised to discover how much background material there was, most of which I had forgotten about over time:
Psychometric evaluation
I was lucky to have undergone a very good and quite extensive psychometric evaluation when I was hired to work at Desjardins as a senior manager. But the test results were four years old. (Generally speaking, human resources consider these results to have a shelf life of three years.) After carefully reading the 20-page report, however, I gleaned some amazingly accurate insights into my personal strengths and weaknesses, as well as my development plans.
If you have been lucky enough to undergo extensive psychometric testing of this kind, I encourage you to have a close look at your report. But do it with an open mind and nerves of steel: you’re bound to come across some things that are harder to swallow than others.
Yearly performance reviews (I know, we love to hate these…)
You probably have a couple of these on your laptop, right? I used to find my performance reviews very useful… for getting the fire started at my ski lodge. Performance review quality can vary greatly, depending on the process used in your workplace, the skill of the person conducting the evaluation and your relationship with that person.
However, as historical data for this in-depth analysis, I found past performance reviews to be quite helpful. I grabbed five years’ worth of assessments and sorted through them one by one to separate the wheat from the chaff. Any meaningful findings were set aside to be incorporated into my SWOT internal factors.
Peer reviews – 360º feedback evaluations – Off-site strategic meetings
These are also great sources of feedback on your internal qualities. In my case, I had attended five strategic off-site events during my four years as a manager at Desjardins. The individual feedback I received as a result was well documented and relevant.
Unfortunately, none of the 360º evaluations were recent. However, a few of my colleagues agreed to provide me with an informal peer review over lunch. This revolved around a simple, straightforward question:
“What do you think are my top five strengths and weaknesses? Be honest, I can take it!”
Myers Briggs Type Indicator (MBTI) report
The purpose of an MBTI test is by no means to define your strengths or weaknesses. But I found the MBTI test to be useful in my self-analysis as it provided complementary information on my psychological preferences, perceptions and decision-making style.
If you’ve recently undergone an MBTI review, you may find this information useful in guiding you, once all four quadrants of your SWOT analysis have been completed. This can provide you with insights on how to approach people based on their attitudes and skills in the communication, decision-making, change management and conflict management arenas.
For those of you who are not familiar with this concept, there are 16 MBTI personality types, which are determined based on the following four dichotomies:
- ESTJ: extraversion (E), sensing (S), thinking (T), judgment (J)
- INFP: introversion (I), intuition (N), feeling (F), perception (P)
The population breakdown in the U.S. by personality type is as follows:
For example, if you are an ENTJ, your profile might be described like this (from Wikipedia):
“ENTJs are among the rarest of types, accounting for about 2–5% of those who are formally tested.
They tend to be self-driven, motivating, energetic, assertive, confident, and competitive. They generally take a big-picture view and build a long-term strategy.
They typically know what they want and may mobilize others to help them attain their goals. ENTJs are often sought out as leaders due to an innate ability to direct groups of people.
Unusually influential and organized, they may sometimes judge others by their own tough standards, failing to take personal needs into account.”
Her reputation as a tough and uncompromising leader is consistent with the personality of an ENTJ: Margaret Thatcher
Please bear in mind that MBTI tests must be administered by a trained practitioner. Professional feedback is critical to accurate interpretation. Also note that the reliability of MBTI techniques is not universally accepted.
However, from my perspective, I have undergone several psychometric tests throughout my career and have found the results to be a useful in dealing with interpersonal conflicts.
Putting it all together
I eventually compiled all the above-mentioned information and began my SWOT analysis in earnest. I started by drafting my top 10 strengths and weaknesses, based on the various sources I consulted. I set this list aside for a week or so and then narrowed it down to five. I was surprised to discover that these same five points came up again and again in every single source.
I won’t list my top 5 S&Ws here. I consider that to be private. But in a SWOT diagram, this is precisely the kind of information that goes into the two upper squares.
Your two upper quadrants could look something like this, for example:
Remember: the points listed in your strengths and weaknesses shouldn’t be ambiguous and shouldn’t overlap.
Once you have these two quadrants completed, you should be able to use this information to expand upon your mission statement:
“As a manager/leader, I want to grow my leadership by helping others develop their full potential and achieve outstanding results. Their success will help determine my own.”
The following will help me achieve this goal: I have strong people skills; I’m results-oriented; I’m customer-driven; I’m effective at mobilizing teams; and I excel at strategic thinking.
My most obvious impediments are: My business sense is weak; I’m not very good at keeping my skills honed; I lack ambition; I have a hard time establishing key performance indicators; and my negotiation skills are somewhat rudimentary.
Mapping your strengths and weaknesses in the SWOT quadrants does not mean you now have what it takes to fulfill your mission statement. It is up to you to use your S&W profile to your advantage and ensure it complements your endeavours.
External factors
External factors are somewhat less tricky to identify. But zeroing in on them can still present a challenge. In my case, I used my sounding boards (see part 2 in the previous post) to help me get a better handle on them.
The people I sought advice from acted as a kind of “advisory committee.” You may recall that they were a very effective and powerful group.
My talks with my “committee members” gave me access to some excellent information:
- Cold, hard facts, available options, guidance and unwavering support;
- Reality check from an operational standpoint (the people doing the job on the field);
- Personal and professional advice from an impartial/ethical perspective;
- Keeping my mind and heart focused and balanced during a tough decision-making process;
- Big picture and overall insight.
My approach to compiling opportunities and threats was not same as when I analyzed my strengths and weaknesses. For the O&Ts, I came up with six pairs of statements concerning my situation at Desjardins, focusing on whether I would keep my job or move on to something else.
The O&Ts presented below are the actual ones I used to help me make up my mind.
Remember: the points listed in your opportunities and threats shouldn’t be ambiguous and shouldn’t overlap.
Let’s re-examine my mission statement in light of these O&T pairs.
“As a manager/leader, I want to grow my leadership by helping others develop their full potential and achieve outstanding results. Their success will help determine my own.”
Should I stay?
(pair 1) – High-profile job vs. Unfair politics
Staying at Desjardins provides me with a respected, high-profile job and industry and peer recognition. At the same time, I am and will continue to be under heavy fire at every turn. I have to put up with unfair politics and participate in unproductive activities.
(pair 2) – Stable career path vs. Demotivation
My current job offers me a very stable career path that grants me excellent financial conditions and loads of perks, including a company car, hefty bonuses, an amazing pension plan and social prestige.
On the other hand, I’m doing my job on auto-pilot. I’m not excited about it anymore and I’m starting to lose my motivation about what I do and how I do it.
(pair 3) – Re-org visibility vs. No fail tolerance
The ongoing restructuring means a lot of visibility for an entrepreneurial-minded exec like me. There are initiatives springing up that would be an excellent fit for me and allow me to shine as a game changer.
Unfortunately, the fast pace of the re-org leaves no room for even the slightest failure, which reduces the likelihood of success and gives me almost no operational leeway.
(pair 4) – Career realignment vs. Hero syndrome
Leaving my high-profile job to go work for a smaller organization gives me the chance to realign my career in sync with my mission statement, my expectations, my dreams, my capabilities and my values. Wow, I wanna do this!
However, this profile of mine generates expectations in others that are simply not achievable. Smaller companies interviewing me tend to see me as someone who can swoop down and solve all of their problems . But, hey, I’m not Superman!
(pair 5) – Entrepreneurship vs. Risky start-up
Joining a smaller firm will allow me to thrive and realize my full potential as an entrepreneurial-minded executive (which is what I am). For the same amount of energy, I’ll get a much better return on investment than I would in a larger, less nimble organization.
At the same time, smaller companies face their own set of challenges. Financial stability, for example. The overall level of risk associated with joining a small start-up is quite high. Let’s face it: in a small company, you never really know what next month will bring.
(pair 6) – Focus on mission vs. Unclear vision
With the increased latitude and influence I have in a smaller organization, I can focus on my personal mission statement and deliver outstanding results.
The flip side of the coin is that small firms can change business focuses overnight, depending on the opportunities and limitations that arise. As long as these changes don’t venture outside the sandbox I want to play in, everything is fine. But if they do, I’ll have to deal with a dramatic change in vision that could make me question my current or future role within the organization.
As you already know, I ultimately opted for the smaller organization, knowing this path was a better fit in terms of my mission statement, my strengths and my weaknesses.
The decision I made took into account the two scenarios, all six pairs of opportunities and threats and the feedback I gathered (see part 2 of this post).
All in all, after three months at my new job, I can safely say I don’t regret my move. It has been a bumpy ride at times, as I adjust to the small business mindset, but this is where I belong.
I know I still have more tweaking to do. It’s all part of the “inspect and adapt” process that is central to Agile best practices. And at Pyxis, my core focus is all about bringing these practices to organizations of all sizes.
I hope you come back to this site regularly as I continue to share my real-life lessons and discuss the latest trends in leadership and management practices. And I very much look forward to receiving your feedback on this or any of my posts.
In the meantime, here’s some suggested reading: